March 28, 2024
To whom it may concerns
ENEOS Holdings, Inc.
Ample Inc.
MK Holdings, Inc.
Announcing the launch of the first fully automated modular battery swapping
station for EVs(Pilot Program)
ENEOS Holdings (CEO: Tomohide Miyata, hereinafter “ENEOS”), Ample Inc. (CEO:Khaled Hassounah, President: John de Souza, hereinafter “Ample”), a North American
start-up company in which ENEOS has invested, and MK Holdings (CEO: Nobuaki
Aoki, hereinafter “MK”), the lead partner in this pilot project (hereinafter “this project”),
have agreed to launch Japan’s first fully automated modular battery swapping stationfor electric vehicles(EVs) in Minami-ku, Kyoto City as a pilot project, and held anopening ceremony today.
With the spread of EVs increasing toward a carbon-neutral society*1, convenience andlong recharging time have become issues for their widespread use. Especially in thelogistics and transportation industry, in which taxi and logistics companies operate theirbusiness, EVs are essential as they reduce environmental impact. This has caused a
growing need for the expansion of a sustainable energy supply infrastructure forthem*2Given this backdrop, ENEOS will examine the possibility of new energy supply
infrastructure to support electrification by combining the expertise it has accumulated in
the stable energy supply field, Ample’s innovative modular battery swapping system,and the wisdom of MK, which has been actively involved in the electrification andoperational optimization of vehicles. MK Taxi, as the largest taxi fleet in Kyoto
Prefecture, has faced challenges related to the operation of recharging infrastructure in
the process of actively electrifying its fleet. This project will examine the potential of
new energy supply infrastructure to support electrification, acquire operational
expertise and identify path for future commercialization.
The municipalities and companies that have supported this project and expressed
their willingness to participate, as well as the companies that will cooperate in thisproject, are listed below.
<Scheduled to participate in this project> (in no particular order)
Kyoto Prefecture, Kyoto City, Sumitomo Mitsui Banking Corporation, NTT AnodeEnergy, Nippon Life Insurance Company, Omron Filed Engineering Co.,Ltd.
<Partners of this project>Tokyo Century Corporation, Nippon Car Solutions Co., Ltd.,
Asahi ETIC Co., Ltd. and TOKYO R&D Co., Ltd.,By combining their strengths, ENEOS and Ample will continue to accelerate thegrowth of the ecosystem of transportation industry and other fleet companies inelectrification without changing their operational processes, while maintaining theaffordability and efficiency of the existing energy supply infrastructure.
*1 Project to promote electrification of commercial vehicles (a joint project of theMinistry of Economy, Trade and Industry and the Ministry of Land, Infrastructure,
Transport and Tourism) (in Japanese)
Reference: https://www.env.go.jp/en/index.html*2 All-Japan promotion of the establishment of UN standards for battery-swappable
EVs (in Japanese)
Reference: https://www.mlit.go.jp/en/index.html
Material from the secretariat of the study group for promoting charging infrastructuredevelopment (in Japanese)
Reference: https://www.meti.go.jp/english/index.html<The opening ceremony>(Group photo)(Battery swapping scene 1)(Battery swapping scene 2)

(Group photo)
1st from left
Hiroshi Maekawa, Representative Director, MK Corp.
The same 2nd person Kotaryo Tanaka
Bureau Director, Global Environment &Energy, Kyoto City
The same 3rd person Nobuaki AokiRepresentative Director, MK Holdings, Inc.
The same 4th person Yuichiro Fujiyama
Managing Executive Officer, ENEOS Holdings Inc.
The same 5th person Khaled Hassounah
CEO & Co-Founder, Ample Inc.
The same 6th person Koki Okamoto
Director, Policy and Environment Div. Kyoto Prefecture
The same 7th person John de Souza
President & Co-Founder, Ample Inc.
The same 8th person Toru Naganuma General Manager,
Emerging Business Development Div. ENEOS Holdings, Inc.
(Scene 1)(Scene 2)

Hiroshi Maekawa, Representative Director of MK Corp.
Driving-in to the station
Khaled Hassounah, CEO & Co-Founder of Ample Inc.
Demonstrating battery swapping<Company Profile>
ENEOS https://www.hd.eneos.co.jp/
With “Supporting ‘today’s normal,’ taking the lead for ‘tomorrow’s normal’” as its
commitment to realizing the Group Philosophy, ENEOS continues to take on thechallenge of achieving both a stable supply of energy and materials and the realizationof a carbon-neutral society. As new energy, materials, and services are needed toachieve “tomorrow’s normal,” a decarbonized, recycling-oriented society, the Emerging
Business Development Division and ENEOS Innovation Partners were established in2019 as organizations to engage in the discontinuous creation of businesses and haveinvested in over 40 startup companies to promote open innovation.
Ample https://ample.com/
Ample’s modular battery swapping provides a scalable and affordable infrastructure
solution to fleets interested in transitioning to electric. The stations can provide a fullcharge in five minutes to vehicles ranging from small passenger cars to class 3 trucks.
Ample’s stations have a small footprint and can be deployed in three days without any
construction, making them a great fit for urban deployments in Japan. Modular battery
swapping provides an effective solution for the Japanese market given the focus onefficiency, urban density, and the ability to support the grid’s transition to renewableenergy.
MK https://www.mk-group.co.jp/
MK Taxi, with its heart-shaped logo, started its business in Kyoto in 1960 with only 10cabs. MK Taxi has won the hearts off customers with its high quality customer service
symbolized by its door service, improved dispatch system, dedicated taxi stands, andhigh-grade vehicles, and is now a top brand in Japan with operations in eight majorcities nationwide. As part of its decarbonization efforts, the company aims to convert
30% of its fleet to ZEVs by 2025 and all its vehicles to ZEVs by 2030.

-Media and Press inquiries
Public Relations Div. ENEOS Holdings, Inc.
TEL：+81 3-6257-7150
E-Mail：pr@eneos.com- For inquiries other than those from the media and press(e.g., businesses interested in this project )Emerging Business Development Div. ENEOS Holdings, Inc.
E-Mail：info_eneos_ample@eneos.com
Ample Inc.
E-Mail : press@ample.com
Shinichi Azuma, Corporate Planning Div. MK Holdings, Inc.
TEL: +81 75-555-3186
E-Mail: azuma@mk-group.co.jp