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Smart Mobility: Is the future really electric?

In the modern age, increasing global awareness of the need to minimise pollution, curb worsening climate change and reduce dependence on oil and petroleum products has begun to fundamentally change the outlook of several key industries such as utility, manufacturing – and mobility.

 

With this report we want to give you an insight of recent and future developments in the E-Mobility sector. The e-mobility sector can be divided into two main segments:

  • Electronic Vehicle Manufacturing
  • E-Mobility Infrastructure

 

The largest driver of the e-mobility sector continues to be car manufacturers, with a strong backing by governmental bodies globally, who mostly see e-mobility as part of the solution to reduce global warming. While public sponsorship and financial incentives set by national governments vary country to country, three main cornerstones can be identified as:

  • Direct purchase subsidies
  • Annual or reoccurring fee discounts
  • Income tax incentives

 

Utilities will play an important role in the provision of infrastructure, and in addition to power management, will likely look to provide the following services to enhance their market position:

  • Installation of public charging stations
  • Installation of private charging stations
  • Value added services

 

Space providers are the largest supplier of public charging stations, with:

  • 19% found in car parks
  • 13.1% found on public roads

 

Electronic Vehicles can be divided into four main subgroups bases on their powertrains

  • Hybrid Electric Vehicle (HEV)
  • Fuel Cell Electric Vehicle (FCEV)
  • Battery Electric Vehicle (BHEV)
  • Range extended Electric Vehicle (REEV)

 

With the market still being in an early stage, the main focus of most car manufacturers remains to be research and development, with:

  • $7 bn
  • Spent on R&D between 2008 and 2014

 

Batteries are going to be a key driver of future production, with an emphasis on lowering the cost, and increasing the performance. However, the mass consumer remains relatively hesitant to purchase an EV, with decreased convenience, and cost and risk of adoption being major factors.

 

Situation in Austria

Austria’s regulatory incentive landscape is currently very fragmented. There are only a few approaches which cover all nine federal states. Listed are the top three incentives, which are valid in all federal states of Austria:

  1. Electric vehicles are exempt from fuel consumption tax, monthly vehicle tax, and the 16% acquisition tax
  2. Sponsorship from Kommunalkredit AG of up to EUR 20,000 for the purchase of electric vehicles applicable for companies, entrepreneurs, associations, public regional authorities and confessional bodies until December 31, 2020
  3. Sponsorship from Kommunalkredit AG of up to EUR 20,000 for the purchase of electric vehicles of public interest (such as taxis or car sharing vehicles) for companies, entrepreneurs, associations, public regional authorities and confessional bodies until October 2015

Certain Austrian federal states provide individual tax and fee incentives depending on various circumstances.

 

If you are interested in knowing more about the situation in Austria, the global comparison of Incentives and the regulations we highly recommend you to download our free report on E-Mobility.

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Why Investors love Cybersecurity Startups

“Cybersecurity is the next big thing”, is our CEO Berthold Baurek-Karlic convinced. Today, he spoke at the IMPACT 2015 conference, which aims to connect the tech-science community with entrepreneurs and investors. The event was organized by SBA Research, the leading Austrian IT security research center.

Why is Cybersecurity becoming a main topic for Venture Capitalists? For two reasons: More and more IT security incidents occurs worldwide while the average financial loses through cybercrime are increasing as well. At the same time new technologies such as Smart Homes, Mobile Payment Solutions or Industry 4.0 Applications are evolving. These technologies are efficient and cost saving but they also create new cybersecurity threads, forcing companies to invest heavily in their IT infrastructure.

That’s why Cybersecurity Startups have the potential for rapide growth and high profits. As Berthold pointed out in his presentation, Austria has already a long tradition in the IT security sector and is home of some great hidden champions. Additionally Europe has a clear competitive advantage with it’s relatively strict data protection laws. (Read the comment of Mr. Andreas Tomek, Managing Partner of SBA Research, for more details.)

But we have to act fast to stay competitive as the US and Israel are already investing heavily in this market. We need to fund our existing companies considerably and give new Cybersecurity Startups more support! That is exactly what we want to do: While SBA Research teach new cybersecurity companies how to walk – Venionaire aims to fund them in a later stage to let them grow!

 

Check out Berthold’s presentation (in German):

Picture: © Shutterstock.com/Maksim Kabakou.

Booming Cybersecurity in Austria

With the digitalization of almost every industry, the need for Cybersecurity in Austria and worldwide is booming. Andreas Tomek, Managing Partner of SBA Research – the leading Austrian IT security research center and Advisor for Venionaire Investment, explains in a guest post for IT-magazine Computerwelt why cybersecurity offers great investment opportunities, in particular for Venture Capitalists in Europe.

The most important points of his comment are:

  • In the next years we will see the rise of European cybersecurity startups
  • The main reason for this is the growing integration of technology in our daily lifes (Collaboration Tools & Internet of Things)
  • European cybersecurity startups benefit from a powerful IT-infrastructure and accumulation of top-noch knowledge in many fields
  • On the other hand hackers are becoming more professional and therefore more dangerous
  • Last but not least: We have better data protection laws compared to other regions of the world

But how can we use these competitive advantages? Mr. Tomek urges us to build a bridge between science community and market. We need to promote initiatives which are matching products and venture capitalists! Read the whole comment here. (article in German)

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A-1010 Vienna, Austria (EU)
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London N3 3LF
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5365 Munsbach
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Venionaire Capital exclusively invests through the European Super Angels Club, for more information and application please go to the website. We do not accept direct investment proposals via this website.