Gladys,
Thanks . This was enlightening !
hcp
From: GLADYS VAZ [mailto:gladys.vaz88@hotmail.com]
Sent: 29 May 2017 15:24
To: Hemen Parekh
Subject: Fw: Solar Power will obsolete Petrol Power
Sent: 29 May 2017 15:24
To: Hemen Parekh
Subject: Fw: Solar Power will obsolete Petrol Power
Regards
Gladys
In the light of the article below, a sobering thought for those of us who thought that Solar Power is the escape route to curtail global warming. Please click on the link below to read why the technology that can mass produce solar panels is not so clean in itself..
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Neville
FWD: New options on the car front...
Time to Reinvent for Hindustan
Petroleum - Bharat Petroleum ?
To understand why , read following report from CNBC
Reporter's notebook :
---------------------------------------------------------------------------------------------------Be warned: $25
oil is coming, and along with it, a new world order
The
world as we know it, will be no longer. The balance of power on a
global scale will shift. All in the next decade.
First
and foremost, RethinkX
co-founder and Stanford University economist and professor Tony Seba told
CNBC's Street Signs that the rise of self-drive cars will see oil demand
plummet, the price of oil drop to $25
a barrel, and oil producers left without
the political or financial capital they have today.
It's a big call, right ? But if you look at what's
behind Seba's premise, surprise, surprise, it comes down to money.
He says we are not going to stop driving altogether,
just switch to self-drive electric vehicles, which will become a much larger
part of the sharing economy.
And these electric vehicles are
going to cost less to both buy and run.
"The day that autonomous vehicles are approved,
the combination of ride hailing, electric and autonomous means that it's
going to be ten times cheaper, up to ten
times cheaper, to use a robot taxi, transport
as a service car, than it is to own a car. Ten times."
China and India are accelerating the
adoption of electric vehicles. China wants to get electric, plug-in hybrids and
fuel cell cars to account for 20 per cent of all auto sales by 2025,
while India aims to electrify all vehicles in
the country by 2032.
Also Monday, Toyota Research Institute ramped up their
investment, teaming up with MIT Media lab and five other companies to explore block-chain technology for the development of driverless cars.
Trip Chowdhry, managing director and senior
analyst at Global Equities Research, points out that while some people think Tesla is an
Auto company, it is not.
"It is a cloud
computing company, it's a machine and an artificial
intelligence company, it is an app
company, it is an energy company, and
just an automobile is nothing more than a laptop
on four wheels."
One point that is agreed, is that the auto industry will look vastly different in the
future.
The question is, just how long will that change take,
and who is going to successfully adapt.
---------------------------------------------------------------------------------------------------
CONTEXT :
In my
yesterday’s blog ( Pawan
Goenka knows his Onions ) , I had quoted Pawan Goenka ( Chairman , Mahindra
Electricals ) , as :
“ Plus, instead of giving any
more subsidies, the government should instead be steady on its policies for the next few years,
which will give confidence to the OEMs, suppliers and others to invest in the
segment “
He is confident to bring down the cost ( - and the selling price ) of
Mahindra Electric cars by 20 %
He is not alone in pointing out that the Car Manufacturers DO NOT need incentives to
switch over from Petrol / Diesel to Electric cars
Yesterday’s Business Line , quotes Toyata Kirloskar Motor Vice Chairman
, Shri Shekhar Viswanathan as saying :
“ We
are saying that you don’t even have to offer incentives , but one should not
discriminate against hybrid.
The
strong hybrids we make run on electric . It behaves exactly like electric cars
but it also runs on fuel
Whenever
we have engaged with the government on promoting hybrid cars, there is a fear
that we want to do it at the expense of the electric
Encouraging
hybrid will lead to creating an eco-system for electric cars
Promotion
of hybrid will, in fact, promote electric cars, and at the same time, bring
down the cost of batteries
The
automobile industry is heavily taxed anyway . Nearly
60 per cent of the total cost of car goes towards taxes “
QUESTION :
Apparently
, both, Shri Goenka and Shri Viswanathan understand that manufacturing an
Electric car will cost LESS than manufacturing a Petrol / Diesel car , simply
because,
· Petrol / Diesel car has 2000 parts
· Electric car has 20 parts
· Li-ion Battery prices ( per Kwh ) are
expected to drop from current $ 270 to $ 150 by 2019 ( which , currently make
up 50% - 70 % of car cost )
Obviously
this has prompted Mahindra to announce ramping up its production of electric
cars from current 500 / month to 5,000 / month, by 2019
There
can be no doubt that lakhs of auto component manufacturers have realized that ,
unless they too “ re-invent “ , they will be dead by 2022 !
And
auto repair shop owners will not get caught “ sleeping “ when the D-Day arrives
!
What
about Hindustan Petroleum and Bharat Petroleum ?
Will
they re-invent themselves or turn into another Air India ?
I have
no doubt , Minister for Petroleum , Shri Dharmendra Pradhan , has a
strategy !
26
May 2017
www.hemenparekh.in / blogs
