good morning everyone it’s it’s an absolute pleasure to be here today and
absolute pleasure to be here today and
absolute pleasure to be here today and speaking to all of you on something that
speaking to all of you on something that
speaking to all of you on something that I’m very passionate about and that
I’m very passionate about and that
I’m very passionate about and that sustainable mobility and we’re the
sustainable mobility and we’re the
sustainable mobility and we’re the future of this mobility is going to take
future of this mobility is going to take
future of this mobility is going to take us sustainable mobility is going to be
us sustainable mobility is going to be
us sustainable mobility is going to be driven by being electric it’s going to
driven by being electric it’s going to
driven by being electric it’s going to be driven by big shared it’s going to be
be driven by big shared it’s going to be
be driven by big shared it’s going to be driven by the fact that it’s going to be
driven by the fact that it’s going to be
driven by the fact that it’s going to be autonomous it’s going to be completely
autonomous it’s going to be completely
autonomous it’s going to be completely connected and it’s going to be you know
connected and it’s going to be you know
connected and it’s going to be you know area of driven by renewable energies and
area of driven by renewable energies and
area of driven by renewable energies and while these some of them seem esoteric
while these some of them seem esoteric
while these some of them seem esoteric you’ve already got electric vehicles
you’ve already got electric vehicles
you’ve already got electric vehicles working today a lot of you probably took
working today a lot of you probably took
working today a lot of you probably took a shared service to come here today
a shared service to come here today
a shared service to come here today you’ve seen the first signs of
you’ve seen the first signs of
you’ve seen the first signs of autonomous driving globally happening
autonomous driving globally happening
autonomous driving globally happening with Google and others today with your
with Google and others today with your
with Google and others today with your smartphone even connect your car’s
smartphone even connect your car’s
smartphone even connect your car’s already in many in main directions and
already in many in main directions and
already in many in main directions and renewable energy today in India is
renewable energy today in India is
renewable energy today in India is available at 4 rupees 50 fast sighs
available at 4 rupees 50 fast sighs
available at 4 rupees 50 fast sighs cheaper than probably regular power as
cheaper than probably regular power as
cheaper than probably regular power as you look at it on the structure so it’s
you look at it on the structure so it’s
you look at it on the structure so it’s not a figment of imagination is really
not a figment of imagination is really
not a figment of imagination is really here something that we can do and work
here something that we can do and work
here something that we can do and work towards electrics have made a lot of
towards electrics have made a lot of
towards electrics have made a lot of strike you know in the last few years I
strike you know in the last few years I
strike you know in the last few years I mean it used to take approximately era
mean it used to take approximately era
mean it used to take approximately era of the charger vehicle today these
of the charger vehicle today these
of the charger vehicle today these vehicles can be charged in in probably
vehicles can be charged in in probably
vehicles can be charged in in probably an hour and with fast charging they can
an hour and with fast charging they can
an hour and with fast charging they can drive today over 500 kilometers of range
drive today over 500 kilometers of range
drive today over 500 kilometers of range on a single charge
on a single charge
on a single charge these are production vehicles available
these are production vehicles available
these are production vehicles available today that you can buy so it’s not that
today that you can buy so it’s not that
today that you can buy so it’s not that it’s that it’s a way on on a different
it’s that it’s a way on on a different
it’s that it’s a way on on a different paradigm if the single head is going to
paradigm if the single head is going to
paradigm if the single head is going to go on the future you’re going to see
go on the future you’re going to see
go on the future you’re going to see another big shift batteries can – going
another big shift batteries can – going
another big shift batteries can – going from one hour to be charging probably
from one hour to be charging probably
from one hour to be charging probably less than eight minutes in fact today
less than eight minutes in fact today
less than eight minutes in fact today you can charge batteries of some types
you can charge batteries of some types
you can charge batteries of some types in less than 10 minutes to 80% charge so
in less than 10 minutes to 80% charge so
in less than 10 minutes to 80% charge so it’s in the next 10 years to get it down
it’s in the next 10 years to get it down
it’s in the next 10 years to get it down to under 10 minutes is not going to be a
to under 10 minutes is not going to be a
to under 10 minutes is not going to be a problem on this area performances of
problem on this area performances of
problem on this area performances of batteries are going up around 8% Jaromir
batteries are going up around 8% Jaromir
batteries are going up around 8% Jaromir prices are coming down 8% year and here
prices are coming down 8% year and here
prices are coming down 8% year and here so therefore the cost structures of
so therefore the cost structures of
so therefore the cost structures of these batteries are going
these batteries are going
these batteries are going behalf of this where we stand the future
behalf of this where we stand the future
behalf of this where we stand the future and you’re gonna start to see ranges
and you’re gonna start to see ranges
and you’re gonna start to see ranges that are significantly larger and what
that are significantly larger and what
that are significantly larger and what this means is that range anxiety which
this means is that range anxiety which
this means is that range anxiety which is always seen as a big challenge for
is always seen as a big challenge for
is always seen as a big challenge for electric vehicles is probably going to
electric vehicles is probably going to
electric vehicles is probably going to completely disappear and and and it’s
completely disappear and and and it’s
completely disappear and and and it’s been we know more question about how far
been we know more question about how far
been we know more question about how far you can go anymore
you can go anymore
you can go anymore on this front but more importantly than
on this front but more importantly than
on this front but more importantly than this it’s about to see what does this
this it’s about to see what does this
this it’s about to see what does this transform the solution I think
transform the solution I think
transform the solution I think technology is great or when technology
technology is great or when technology
technology is great or when technology marries business models is when I think
marries business models is when I think
marries business models is when I think you see the largest transformation
you see the largest transformation
you see the largest transformation potential that you can see on this area
potential that you can see on this area
potential that you can see on this area and that’s where I think the future
and that’s where I think the future
and that’s where I think the future holds as we take this forward so if I
holds as we take this forward so if I
holds as we take this forward so if I think of electric cars today we’re
think of electric cars today we’re
think of electric cars today we’re taking a step back even regular vehicles
taking a step back even regular vehicles
taking a step back even regular vehicles what’s happening today is with with
what’s happening today is with with
what’s happening today is with with improvements in aerodynamics and
improvements in aerodynamics and
improvements in aerodynamics and reduction in weight by using composites
reduction in weight by using composites
reduction in weight by using composites for a reduction growing resistance the
for a reduction growing resistance the
for a reduction growing resistance the energy used to transport vehicles are
energy used to transport vehicles are
energy used to transport vehicles are gonna reduce by around 10 person that’s
gonna reduce by around 10 person that’s
gonna reduce by around 10 person that’s gonna lower a cost so we started by X we
gonna lower a cost so we started by X we
gonna lower a cost so we started by X we end up at 0.9 X right on top of that if
end up at 0.9 X right on top of that if
end up at 0.9 X right on top of that if you then take an electric vehicle
you then take an electric vehicle
you then take an electric vehicle electric machine is around in 90%
electric machine is around in 90%
electric machine is around in 90% efficient the gasoline engine is around
efficient the gasoline engine is around
efficient the gasoline engine is around 25 percent efficient so three to four
25 percent efficient so three to four
25 percent efficient so three to four times more efficiency gets you another
times more efficiency gets you another
times more efficiency gets you another 20% reduction in terms of what the
20% reduction in terms of what the
20% reduction in terms of what the energy requirements would be in terms of
energy requirements would be in terms of
energy requirements would be in terms of cost structures you couple this with a
cost structures you couple this with a
cost structures you couple this with a solar talk we just had about whether the
solar talk we just had about whether the
solar talk we just had about whether the cost structures are you get a further
cost structures are you get a further
cost structures are you get a further 10% reduction on cost structures as you
10% reduction on cost structures as you
10% reduction on cost structures as you take this forward we then looked at
take this forward we then looked at
take this forward we then looked at shared mobility right now in shared
shared mobility right now in shared
shared mobility right now in shared mobility basically what happens is is
mobility basically what happens is is
mobility basically what happens is is you’re trying to use the same asset over
you’re trying to use the same asset over
you’re trying to use the same asset over a large higher duty cycle and so for
a large higher duty cycle and so for
a large higher duty cycle and so for example if you use a car share one car
example if you use a car share one car
example if you use a car share one car can replace ten vehicles so if you’re
can replace ten vehicles so if you’re
can replace ten vehicles so if you’re going to share a mobility service be a
going to share a mobility service be a
going to share a mobility service be a ride share car share Ola and uber or
ride share car share Ola and uber or
ride share car share Ola and uber or anything else you’re going to start to
anything else you’re going to start to
anything else you’re going to start to see another 20% reduction because of
see another 20% reduction because of
see another 20% reduction because of optimization of an asset use that
optimization of an asset use that
optimization of an asset use that utilization that you’re going to have if
utilization that you’re going to have if
utilization that you’re going to have if you then take and make it autonomous
you then take and make it autonomous
you then take and make it autonomous where you now remove a large portion of
where you now remove a large portion of
where you now remove a large portion of the cost of such a solution which is
the cost of such a solution which is
the cost of such a solution which is driver you start to see another 30%
driver you start to see another 30%
driver you start to see another 30% reduction on this area and then you add
reduction on this area and then you add
reduction on this area and then you add connectivity to the
connectivity to the
connectivity to the entire equation you start to see another
entire equation you start to see another
entire equation you start to see another 10% reduction and hereby connectivity I
10% reduction and hereby connectivity I
10% reduction and hereby connectivity I mean more than Network effect you know
mean more than Network effect you know
mean more than Network effect you know let’s take white field suburb of
let’s take white field suburb of
let’s take white field suburb of Bangalore 50,000 people want to go in
Bangalore 50,000 people want to go in
Bangalore 50,000 people want to go in the morning you know with all your apps
the morning you know with all your apps
the morning you know with all your apps you know when you’re going where you’re
you know when you’re going where you’re
you know when you’re going where you’re going so in real time if I can
going so in real time if I can
going so in real time if I can extrapolate this whole aspect and see
extrapolate this whole aspect and see
extrapolate this whole aspect and see how it optimize a transport solution I
how it optimize a transport solution I
how it optimize a transport solution I will probably get a 10% reduction on
will probably get a 10% reduction on
will probably get a 10% reduction on this area what does this mean for all of
this area what does this mean for all of
this area what does this mean for all of us it means a transformation how we get
us it means a transformation how we get
us it means a transformation how we get from point A to point B it’s gonna
from point A to point B it’s gonna
from point A to point B it’s gonna probably cost us 70% less to get from
probably cost us 70% less to get from
probably cost us 70% less to get from point A to point B with all the
point A to point B with all the
point A to point B with all the efficiencies in transportation all the
efficiencies in transportation all the
efficiencies in transportation all the efficiency in autonomous vehicles the
efficiency in autonomous vehicles the
efficiency in autonomous vehicles the efficiencies in the connectivity you’re
efficiencies in the connectivity you’re
efficiencies in the connectivity you’re probably going to need a significant
probably going to need a significant
probably going to need a significant amount of energy probably 75% less
amount of energy probably 75% less
amount of energy probably 75% less energy to transport a person from point
energy to transport a person from point
energy to transport a person from point A to point B now that to me is the
A to point B now that to me is the
A to point B now that to me is the future
future
future it’s about getting from point A to point
it’s about getting from point A to point
it’s about getting from point A to point B much more much faster and quicker
B much more much faster and quicker
B much more much faster and quicker using a lot less energy on this area and
using a lot less energy on this area and
using a lot less energy on this area and doing it in a clean and sustainable
doing it in a clean and sustainable
doing it in a clean and sustainable manner as we think of this so let’s take
manner as we think of this so let’s take
manner as we think of this so let’s take the context today of India and we import
the context today of India and we import
the context today of India and we import any percent of our oil right now we have
any percent of our oil right now we have
any percent of our oil right now we have a large rain on that we are a developing
a large rain on that we are a developing
a large rain on that we are a developing economy we’re not growing at one or two
economy we’re not growing at one or two
economy we’re not growing at one or two percent we have aspirations to grow at 8
percent we have aspirations to grow at 8
percent we have aspirations to grow at 8 or 10 percent if we’re going to grow at
or 10 percent if we’re going to grow at
or 10 percent if we’re going to grow at 8 to 10 percent we’re gonna need energy
8 to 10 percent we’re gonna need energy
8 to 10 percent we’re gonna need energy I probably that level if not higher for
I probably that level if not higher for
I probably that level if not higher for us to have a sustainable growth on this
us to have a sustainable growth on this
us to have a sustainable growth on this area and this open causes a conflict in
area and this open causes a conflict in
area and this open causes a conflict in developing nations as you can think
developing nations as you can think
developing nations as you can think about it
about it
about it where climate change and energy security
where climate change and energy security
where climate change and energy security pose two challenges for us as we look at
pose two challenges for us as we look at
pose two challenges for us as we look at this area on top of that we have today
this area on top of that we have today
this area on top of that we have today over 200 million big role where vehicles
over 200 million big role where vehicles
over 200 million big role where vehicles on our road this is two wheelers really
on our road this is two wheelers really
on our road this is two wheelers really less cars buses all put together and in
less cars buses all put together and in
less cars buses all put together and in an annual basis we grow 10% you’re only
an annual basis we grow 10% you’re only
an annual basis we grow 10% you’re only on the other side we seem to have some
on the other side we seem to have some
on the other side we seem to have some idle conditions for electric vehicles
idle conditions for electric vehicles
idle conditions for electric vehicles our distances are much smaller our
our distances are much smaller our
our distances are much smaller our vehicles and generally are much smaller
vehicles and generally are much smaller
vehicles and generally are much smaller we have a lot of stop-and-go which means
we have a lot of stop-and-go which means
we have a lot of stop-and-go which means a lot
a lot
a lot operational energy can come and these
operational energy can come and these
operational energy can come and these three factors end up making electric
three factors end up making electric
three factors end up making electric mobility more affordable both from a
mobility more affordable both from a
mobility more affordable both from a purchase point of view and running cost
purchase point of view and running cost
purchase point of view and running cost point if you compare to some countries
point if you compare to some countries
point if you compare to some countries in the West which may not have these
in the West which may not have these
in the West which may not have these same conditions so it’s really ideal
same conditions so it’s really ideal
same conditions so it’s really ideal from an electric mobility perspective
from an electric mobility perspective
from an electric mobility perspective but then to link to the energy side of
but then to link to the energy side of
but then to link to the energy side of it we also have or 300 days of sunshine
it we also have or 300 days of sunshine
it we also have or 300 days of sunshine in the country and and that works very
in the country and and that works very
in the country and and that works very well for us to see in terms of where we
well for us to see in terms of where we
well for us to see in terms of where we can do and use solar energy as a big
can do and use solar energy as a big
can do and use solar energy as a big driver in this in our entire ecosystem
driver in this in our entire ecosystem
driver in this in our entire ecosystem so starting from this to me there’s an
so starting from this to me there’s an
so starting from this to me there’s an opportunity for us as a country to
opportunity for us as a country to
opportunity for us as a country to really run on the Sun and and there are
really run on the Sun and and there are
really run on the Sun and and there are strides being made in terms of where
strides being made in terms of where
strides being made in terms of where renewable energy is going in this space
renewable energy is going in this space
renewable energy is going in this space so in India by 2022 we’re going to
so in India by 2022 we’re going to
so in India by 2022 we’re going to probably have around 100 mega gigawatts
probably have around 100 mega gigawatts
probably have around 100 mega gigawatts of solar energy that we could look at
of solar energy that we could look at
of solar energy that we could look at this area interestingly enough and they
this area interestingly enough and they
this area interestingly enough and they would have around 30 million vehicles
would have around 30 million vehicles
would have around 30 million vehicles produce that year in 2022 the way it’s
produce that year in 2022 the way it’s
produce that year in 2022 the way it’s growing now only 25 percent of this
growing now only 25 percent of this
growing now only 25 percent of this energy could probably power all those
energy could probably power all those
energy could probably power all those vehicles that were produced in 2022 or
vehicles that were produced in 2022 or
vehicles that were produced in 2022 or the solar energy that we would have by
the solar energy that we would have by
the solar energy that we would have by then that’s pretty phenomenal in terms
then that’s pretty phenomenal in terms
then that’s pretty phenomenal in terms of the amount of energy required but
of the amount of energy required but
of the amount of energy required but let’s step in the future and say where
let’s step in the future and say where
let’s step in the future and say where where are we going to be by 2030 well by
where are we going to be by 2030 well by
where are we going to be by 2030 well by 2030 India is going to have
2030 India is going to have
2030 India is going to have approximately 400 million vehicles on
approximately 400 million vehicles on
approximately 400 million vehicles on its roads these are all kind of
its roads these are all kind of
its roads these are all kind of transportation put together we are
transportation put together we are
transportation put together we are pretty aspirational ideas in terms of
pretty aspirational ideas in terms of
pretty aspirational ideas in terms of renewable energy also where we’re really
renewable energy also where we’re really
renewable energy also where we’re really trying to push both solar wind in other
trying to push both solar wind in other
trying to push both solar wind in other areas of renewable energy and look at
areas of renewable energy and look at
areas of renewable energy and look at probably around 300 gigawatts of you
probably around 300 gigawatts of you
probably around 300 gigawatts of you know renewable energy by that time now
know renewable energy by that time now
know renewable energy by that time now if we start to think that some of these
if we start to think that some of these
if we start to think that some of these vehicles we talked about are shared and
vehicles we talked about are shared and
vehicles we talked about are shared and autonomous and probably this 400 million
autonomous and probably this 400 million
autonomous and probably this 400 million vehicles we will come down to around 320
vehicles we will come down to around 320
vehicles we will come down to around 320 and that’s very important because you
and that’s very important because you
and that’s very important because you know manual traffic’s not getting better
know manual traffic’s not getting better
know manual traffic’s not getting better or neither is anywhere in the country or
or neither is anywhere in the country or
or neither is anywhere in the country or the world and so that’s going an
the world and so that’s going an
the world and so that’s going an important aspect and then if you look at
important aspect and then if you look at
important aspect and then if you look at the energy to power that we’re gonna
the energy to power that we’re gonna
the energy to power that we’re gonna need on tour and 60 gigawatts of energy
need on tour and 60 gigawatts of energy
need on tour and 60 gigawatts of energy for that area of solar energy and that’s
for that area of solar energy and that’s
for that area of solar energy and that’s within the renewable targets that we can
within the renewable targets that we can
within the renewable targets that we can see by 2030 now taking this from an
see by 2030 now taking this from an
see by 2030 now taking this from an India context going back to Rajasthan
India context going back to Rajasthan
India context going back to Rajasthan which is probably one of our sunniest
which is probably one of our sunniest
which is probably one of our sunniest states in the country and has a large
states in the country and has a large
states in the country and has a large amount of desert and open land on this
amount of desert and open land on this
amount of desert and open land on this area if we were to take 5.5 percent of
area if we were to take 5.5 percent of
area if we were to take 5.5 percent of the land in Rajasthan cover that with
the land in Rajasthan cover that with
the land in Rajasthan cover that with solar panels there’s just a little bit
solar panels there’s just a little bit
solar panels there’s just a little bit of speck of a dot that you see there
of speck of a dot that you see there
of speck of a dot that you see there right we be able to have enough power
right we be able to have enough power
right we be able to have enough power for all our vehicles in 2013 to run on
for all our vehicles in 2013 to run on
for all our vehicles in 2013 to run on the Sun on this area so we can make a
the Sun on this area so we can make a
the Sun on this area so we can make a phenomenal shift as we think of how we
phenomenal shift as we think of how we
phenomenal shift as we think of how we can look at it within the perspective of
can look at it within the perspective of
can look at it within the perspective of energy and mobility
energy and mobility
energy and mobility well this is at a national level solar
well this is at a national level solar
well this is at a national level solar also has a chance to be used in in
also has a chance to be used in in
also has a chance to be used in in vehicle application today the best cells
vehicle application today the best cells
vehicle application today the best cells are approximately twenty four percent
are approximately twenty four percent
are approximately twenty four percent efficient costs are coming down to less
efficient costs are coming down to less
efficient costs are coming down to less than a dollar a watt and in some cases
than a dollar a watt and in some cases
than a dollar a watt and in some cases probably 40 to 50 cents of what in which
probably 40 to 50 cents of what in which
probably 40 to 50 cents of what in which case are taking examples of two types of
case are taking examples of two types of
case are taking examples of two types of transportations we see around our cities
transportations we see around our cities
transportations we see around our cities very often we look at at auto rickshaws
very often we look at at auto rickshaws
very often we look at at auto rickshaws and we look at buses that are being used
and we look at buses that are being used
and we look at buses that are being used here if today these has solar panels on
here if today these has solar panels on
here if today these has solar panels on them while they may not be able to give
them while they may not be able to give
them while they may not be able to give you the complete energy they use every
you the complete energy they use every
you the complete energy they use every day over a 10-year period a hundred two
day over a 10-year period a hundred two
day over a 10-year period a hundred two hundred five thousand kilometers could
hundred five thousand kilometers could
hundred five thousand kilometers could be completely run on solar power even
be completely run on solar power even
be completely run on solar power even today with the technology that’s
today with the technology that’s
today with the technology that’s available interestingly enough compared
available interestingly enough compared
available interestingly enough compared to a nice equivalent this is gonna mean
to a nice equivalent this is gonna mean
to a nice equivalent this is gonna mean eight times cheaper and a significantly
eight times cheaper and a significantly
eight times cheaper and a significantly lower playback now if we took this
lower playback now if we took this
lower playback now if we took this technology it just bumped it 20% better
technology it just bumped it 20% better
technology it just bumped it 20% better 20% more efficient no issues at all if
20% more efficient no issues at all if
20% more efficient no issues at all if we look at the fact that the real costs
we look at the fact that the real costs
we look at the fact that the real costs are coming on extrapolated probably cell
are coming on extrapolated probably cell
are coming on extrapolated probably cell costs are going to be around 50% of
costs are going to be around 50% of
costs are going to be around 50% of where they are what does that mean for
where they are what does that mean for
where they are what does that mean for something similar to this it starts to
something similar to this it starts to
something similar to this it starts to even create more transformational change
even create more transformational change
even create more transformational change we’re probably or 15 times cheaper and
we’re probably or 15 times cheaper and
we’re probably or 15 times cheaper and payback of such technologies could be
payback of such technologies could be
payback of such technologies could be less than a year in doing this area and
less than a year in doing this area and
less than a year in doing this area and that’s when I start to see a
that’s when I start to see a
that’s when I start to see a transformational change at an individual
transformational change at an individual
transformational change at an individual level now if you’re thinking that I have
level now if you’re thinking that I have
level now if you’re thinking that I have personal transportation and how do I
personal transportation and how do I
personal transportation and how do I start to make an
start to make an
start to make an on this whole area well an average
on this whole area well an average
on this whole area well an average person in India drivers on 12,000
person in India drivers on 12,000
person in India drivers on 12,000 kilometers a year so a 2 meter by 3
kilometers a year so a 2 meter by 3
kilometers a year so a 2 meter by 3 meter panel can probably cover that
meter panel can probably cover that
meter panel can probably cover that distance for you and interestingly
distance for you and interestingly
distance for you and interestingly enough have a payback of less than 2
enough have a payback of less than 2
enough have a payback of less than 2 years putting the same thought processes
years putting the same thought processes
years putting the same thought processes on Sora technology of in terms of
on Sora technology of in terms of
on Sora technology of in terms of improvements and efficiency in terms of
improvements and efficiency in terms of
improvements and efficiency in terms of reductions of costs that we look at and
reductions of costs that we look at and
reductions of costs that we look at and then over time this can probably have a
then over time this can probably have a
then over time this can probably have a clearer back of less than one year so
clearer back of less than one year so
clearer back of less than one year so it’s no more about being green power but
it’s no more about being green power but
it’s no more about being green power but it’s actually being a cost-effective
it’s actually being a cost-effective
it’s actually being a cost-effective solution that everyone can adopt and if
solution that everyone can adopt and if
solution that everyone can adopt and if every house will did that then they can
every house will did that then they can
every house will did that then they can run on the Sun themselves irrespective
run on the Sun themselves irrespective
run on the Sun themselves irrespective of how we see the countries larger
of how we see the countries larger
of how we see the countries larger objectives are moving in that direction
objectives are moving in that direction
objectives are moving in that direction over here
over here
over here a key challenge to just two energy and
a key challenge to just two energy and
a key challenge to just two energy and solar energy of course comes with
solar energy of course comes with
solar energy of course comes with storage everyone says well you know
storage everyone says well you know
storage everyone says well you know solar energy is going to have Peaks
solar energy is going to have Peaks
solar energy is going to have Peaks where the hell are you gonna store this
where the hell are you gonna store this
where the hell are you gonna store this area so I think the storage part becomes
area so I think the storage part becomes
area so I think the storage part becomes very important as you look at it but I
very important as you look at it but I
very important as you look at it but I want to twist the storage into thinking
want to twist the storage into thinking
want to twist the storage into thinking of storage that could be democratized
of storage that could be democratized
of storage that could be democratized storage that can be seen as being
storage that can be seen as being
storage that can be seen as being flexible on this area so to give you an
flexible on this area so to give you an
flexible on this area so to give you an idea of energy density of batteries
idea of energy density of batteries
idea of energy density of batteries around 250 watt hours per kg they’re
around 250 watt hours per kg they’re
around 250 watt hours per kg they’re going to be going up again or an 8%
going to be going up again or an 8%
going to be going up again or an 8% year-round here let’s take an example
year-round here let’s take an example
year-round here let’s take an example which Laurel in this room have probably
which Laurel in this room have probably
which Laurel in this room have probably come today is on your two wheelers here
come today is on your two wheelers here
come today is on your two wheelers here right probably do 50 kilometers a day
right probably do 50 kilometers a day
right probably do 50 kilometers a day using such technology a small 10
using such technology a small 10
using such technology a small 10 kilogram packed lighter than your
kilogram packed lighter than your
kilogram packed lighter than your backpack that you can lift off size of a
backpack that you can lift off size of a
backpack that you can lift off size of a loaf of bread could probably swap your
loaf of bread could probably swap your
loaf of bread could probably swap your batteries and give you hundred
batteries and give you hundred
batteries and give you hundred kilometers of range in two minutes
kilometers of range in two minutes
kilometers of range in two minutes possible today with the battery
possible today with the battery
possible today with the battery technology on this area as you think of
technology on this area as you think of
technology on this area as you think of this nology going in the future
this nology going in the future
this nology going in the future and the way it’s growing you’re going to
and the way it’s growing you’re going to
and the way it’s growing you’re going to start to see energy densities hitting
start to see energy densities hitting
start to see energy densities hitting 500 watt are speaking of kilogram and
500 watt are speaking of kilogram and
500 watt are speaking of kilogram and this is without I would say fundamental
this is without I would say fundamental
this is without I would say fundamental shifts there are some really holy grails
shifts there are some really holy grails
shifts there are some really holy grails that could make this 750 or 1000 watt
that could make this 750 or 1000 watt
that could make this 750 or 1000 watt hour per kg but 500 is definitely
hour per kg but 500 is definitely
hour per kg but 500 is definitely achievable if we take a part of the next
achievable if we take a part of the next
achievable if we take a part of the next 10 years or where we want to look at
10 years or where we want to look at
10 years or where we want to look at technology taking the same thing that
technology taking the same thing that
technology taking the same thing that you had all of a sudden you could
you had all of a sudden you could
you had all of a sudden you could probably have over 200 kilometers range
probably have over 200 kilometers range
probably have over 200 kilometers range with a small little back maybe last you
with a small little back maybe last you
with a small little back maybe last you almost a week and then needs a switch
almost a week and then needs a switch
almost a week and then needs a switch off within a couple of minutes this with
off within a couple of minutes this with
off within a couple of minutes this with the energy density is going up so much
the energy density is going up so much
the energy density is going up so much all of a sudden this can be adopted to
all of a sudden this can be adopted to
all of a sudden this can be adopted to all forms of transportation because then
all forms of transportation because then
all forms of transportation because then the immigrant becomes also much lighter
the immigrant becomes also much lighter
the immigrant becomes also much lighter and cheaper it starts to be trans very
and cheaper it starts to be trans very
and cheaper it starts to be trans very transformational in what we can look at
transformational in what we can look at
transformational in what we can look at this area so if I start a think of now
this area so if I start a think of now
this area so if I start a think of now we look the vehicles and we looked at
we look the vehicles and we looked at
we look the vehicles and we looked at energy solar middle energy how does all
energy solar middle energy how does all
energy solar middle energy how does all of this kit together well the large
of this kit together well the large
of this kit together well the large portion is is linking with a grid now
portion is is linking with a grid now
portion is is linking with a grid now grid to vehicle is very common where
grid to vehicle is very common where
grid to vehicle is very common where vehicles come solar energy uses it
vehicles come solar energy uses it
vehicles come solar energy uses it charges the battery that’s great that’s
charges the battery that’s great that’s
charges the battery that’s great that’s we talked a lot about it and that’s our
we talked a lot about it and that’s our
we talked a lot about it and that’s our problem or ever there’s an opportunity
problem or ever there’s an opportunity
problem or ever there’s an opportunity to look at the other way around
to look at the other way around
to look at the other way around where vehicles can look at powering the
where vehicles can look at powering the
where vehicles can look at powering the grid back and really optimizing the flow
grid back and really optimizing the flow
grid back and really optimizing the flow of energy over the whole day because
of energy over the whole day because
of energy over the whole day because solar has a lot of peaks when you think
solar has a lot of peaks when you think
solar has a lot of peaks when you think about it there are generally peak during
about it there are generally peak during
about it there are generally peak during the day and less energy the zero energy
the day and less energy the zero energy
the day and less energy the zero energy at night and rate minimum energy in the
at night and rate minimum energy in the
at night and rate minimum energy in the in the in the early mornings or late
in the in the early mornings or late
in the in the early mornings or late evenings of this area interestingly
evenings of this area interestingly
evenings of this area interestingly enough vehicles have been used a lot in
enough vehicles have been used a lot in
enough vehicles have been used a lot in the morning and evenings which
the morning and evenings which
the morning and evenings which shareability some more during the day
shareability some more during the day
shareability some more during the day but in general you have a vehicle usage
but in general you have a vehicle usage
but in general you have a vehicle usage that’s speaking on this areas you also
that’s speaking on this areas you also
that’s speaking on this areas you also have an energy usage that speaking at
have an energy usage that speaking at
have an energy usage that speaking at those points of time because in the
those points of time because in the
those points of time because in the morning when you’re leaving for home
morning when you’re leaving for home
morning when you’re leaving for home there’s an overlap between industrial
there’s an overlap between industrial
there’s an overlap between industrial and commercial and and housing and the
and commercial and and housing and the
and commercial and and housing and the same thing in the evening residential
same thing in the evening residential
same thing in the evening residential and and up and commercial applications
and and up and commercial applications
and and up and commercial applications overlap and so you have an AR knob tree
overlap and so you have an AR knob tree
overlap and so you have an AR knob tree to look at this energy being gone in but
to look at this energy being gone in but
to look at this energy being gone in but also coming back when you need a peak
also coming back when you need a peak
also coming back when you need a peak area will match the fact that if we
area will match the fact that if we
area will match the fact that if we needed three hundred four million
needed three hundred four million
needed three hundred four million electric vehicles by 2030 let’s assume
electric vehicles by 2030 let’s assume
electric vehicles by 2030 let’s assume to honor of them our grid compatible on
to honor of them our grid compatible on
to honor of them our grid compatible on this area or the battery swapping
this area or the battery swapping
this area or the battery swapping enables you to separate the usage of
enables you to separate the usage of
enables you to separate the usage of batteries and the storage of batteries
batteries and the storage of batteries
batteries and the storage of batteries and charging a batteries independent of
and charging a batteries independent of
and charging a batteries independent of time and therefore allows you to
time and therefore allows you to
time and therefore allows you to leverage this aspect on this area and
leverage this aspect on this area and
leverage this aspect on this area and 25% is 200 million vehicles were capable
25% is 200 million vehicles were capable
25% is 200 million vehicles were capable of being connected the grid a particular
of being connected the grid a particular
of being connected the grid a particular time at 100 gigawatts of power that’s
time at 100 gigawatts of power that’s
time at 100 gigawatts of power that’s huge
huge
huge that can you know transform area cities
that can you know transform area cities
that can you know transform area cities and as we look at it and so what happens
and as we look at it and so what happens
and as we look at it and so what happens is instead as it go to renewables it’s
is instead as it go to renewables it’s
is instead as it go to renewables it’s going to be very essential to integrate
going to be very essential to integrate
going to be very essential to integrate it with mobility because then the
it with mobility because then the
it with mobility because then the investments on storage potentially
investments on storage potentially
investments on storage potentially completely go away because you have two
completely go away because you have two
completely go away because you have two forms of connectivity you have
forms of connectivity you have
forms of connectivity you have connectivity in terms of the grid and
connectivity in terms of the grid and
connectivity in terms of the grid and energy and you’ve connected with in
energy and you’ve connected with in
energy and you’ve connected with in terms of mobile devices and the
terms of mobile devices and the
terms of mobile devices and the combination of the two enables you to
combination of the two enables you to
combination of the two enables you to have a free ecosystem of energy by
have a free ecosystem of energy by
have a free ecosystem of energy by looking at swapping situations you can
looking at swapping situations you can
looking at swapping situations you can also democratize the use of energy and
also democratize the use of energy and
also democratize the use of energy and further add another extremely powerful
further add another extremely powerful
further add another extremely powerful part to the entire equation as you think
part to the entire equation as you think
part to the entire equation as you think of it I think sustainable mobility to
of it I think sustainable mobility to
of it I think sustainable mobility to you in India that really takes off is
you in India that really takes off is
you in India that really takes off is when the cost structures come down if
when the cost structures come down if
when the cost structures come down if costs at 20% higher markets are pretty
costs at 20% higher markets are pretty
costs at 20% higher markets are pretty much zero in a country like India it
much zero in a country like India it
much zero in a country like India it costs a neutral there’s some market but
costs a neutral there’s some market but
costs a neutral there’s some market but it cost you up to 20% lower you see
it cost you up to 20% lower you see
it cost you up to 20% lower you see transformational change and what we have
transformational change and what we have
transformational change and what we have with the cost of electric vehicles
with the cost of electric vehicles
with the cost of electric vehicles coming down batteries coming down if
coming down batteries coming down if
coming down batteries coming down if they have the cost structure
they have the cost structure
they have the cost structure significantly being lower we already
significantly being lower we already
significantly being lower we already talked about solar energy cost
talked about solar energy cost
talked about solar energy cost structures and they’re coming down
structures and they’re coming down
structures and they’re coming down renewable energies a lot cheaper today
renewable energies a lot cheaper today
renewable energies a lot cheaper today as we think of it here in terms of cost
as we think of it here in terms of cost
as we think of it here in terms of cost structures if we think of the solutions
structures if we think of the solutions
structures if we think of the solutions related optimization both of assets to
related optimization both of assets to
related optimization both of assets to shared mobility and then we take the
shared mobility and then we take the
shared mobility and then we take the thing of energy where people can
thing of energy where people can
thing of energy where people can actually buy and sell energy and make
actually buy and sell energy and make
actually buy and sell energy and make money on it in the middle of the night
money on it in the middle of the night
money on it in the middle of the night or at a peak demand perspective to look
or at a peak demand perspective to look
or at a peak demand perspective to look at it you’re really optimizing all our
at it you’re really optimizing all our
at it you’re really optimizing all our resources across this area as we think
resources across this area as we think
resources across this area as we think of it right and so I think what was
of it right and so I think what was
of it right and so I think what was definitely a challenge for us in terms
definitely a challenge for us in terms
definitely a challenge for us in terms of our 8% growth rate as a country we
of our 8% growth rate as a country we
of our 8% growth rate as a country we can transform into an opportunity a true
can transform into an opportunity a true
can transform into an opportunity a true opportunity to run on the Sun by 2030
opportunity to run on the Sun by 2030
opportunity to run on the Sun by 2030 all our transportation
all our transportation
all our transportation requirements here so just to sob I think
requirements here so just to sob I think
requirements here so just to sob I think we talked about electric shared
we talked about electric shared
we talked about electric shared autonomous connected and barred revenue
autonomous connected and barred revenue
autonomous connected and barred revenue with energy as as where we see
with energy as as where we see
with energy as as where we see sustainability heading for of these the
sustainability heading for of these the
sustainability heading for of these the electric shared connected and renewable
electric shared connected and renewable
electric shared connected and renewable energy exists today are available
energy exists today are available
energy exists today are available autonomous is just started you’re gonna
autonomous is just started you’re gonna
autonomous is just started you’re gonna see by 2020 pilots probably running
see by 2020 pilots probably running
see by 2020 pilots probably running locally and by 2025 a reason amount of
locally and by 2025 a reason amount of
locally and by 2025 a reason amount of penetration India may be little longer
penetration India may be little longer
penetration India may be little longer given our unique traffic conditions and
given our unique traffic conditions and
given our unique traffic conditions and challenges that we have but probably the
challenges that we have but probably the
challenges that we have but probably the most beneficial constrains the accidents
most beneficial constrains the accidents
most beneficial constrains the accidents and issues that we also see but
and issues that we also see but
and issues that we also see but considering where we are today in this
considering where we are today in this
considering where we are today in this this is not really where the future is
this is not really where the future is
this is not really where the future is the future is today something that we
the future is today something that we
the future is today something that we can have and make happen right well
can have and make happen right well
can have and make happen right well thank you so much
thank you so much
thank you so much [Applause]
you
you [Applause]
”
Be First to Comment