Phase 1: R&D (2012)
Step 1:
Integration and debugging for principle of prototype;
Demonstration for the theory of foundation to ¡°electrical type¡± flywheel KERS;
Functional prototype development launched.
Step2:
Implementing full development procedure on functional prototype from design, integration to testing;
A joint development contract with an OEM upon clean energy vehicle installed with flywheel KERS achieved;
A lab equipped with test rig built up;
A full function of R&D team involving design, system control and testing initially formed;
A portfolio of patents including 10 patents for invention and 20 patents for utility model (design) are applied and a comprehensive IP system in flywheel KERS founded.
Phase 2: Industrialization (2013-2014)
Step 1:
The joint development in clean energy vehicle installed with flywheel KERS with an OEM achieved in 4-6 months;
The 1st clean energy vehicle installed with ¡°electrical type¡± flywheel KERS in the world launched after series of matching experiment in CBU, road testing and certificated by relevant state authority;
Batches of order from the OEM delivered and it should be a milestone for industrialization of ¡°electrical type¡± flywheel KERS;
The development project of ¡°electrical type¡± flywheel KERS approved by Ministry of Science and Technology in China as state incentive project in National clean energy technology program.
Step 2: A pilot product line with 10,000 units of annual output constructed and a certificated quality assurance system implemented in 6-8 months;
A full function development system and well- equipped lab built up.
Phase 3: Mass production (2015-2016)
Development targets:
A perfect R&D system formed, JIT management system implemented effectively, a quick response and big coverage service system in operation;
Sophisticated supply chain formed;
Multinational operation and capital operation internationally.
Revenue targets:
10,000 units of product sold in 2015 and USD50M annual revenue achieved;
100,000 units of product sold in 2016 and USD500M annual revenue achieved.
Phase 4: Leapfrog development (2017-2020)
1 million annual output capacity, USD 5 billion revenue and 20% market share in China achieved by 2020 and HAIKE as a world class multinational enterprise formed;
Shaped as the 1st world class T1 in vehicle powertrain derived from Chinese corporations in auto industry depending on its core & global competitiveness and full IP system.