IESAElectricVehicleWebinar Presentation

39
IESA Open Webinar Indian Electric Vehicle (& Hybrid Vehicle) Market 22 nd July, 2015 Presented By: Debi Prasad Dash Manager, India Energy Storage Alliance (IESA) Analyst, Customized Energy Solutions

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IESA Electric Vehicle

Transcript of IESAElectricVehicleWebinar Presentation

Page 1: IESAElectricVehicleWebinar Presentation

IESA Open WebinarIndian Electric Vehicle (& Hybrid Vehicle) Market

22nd July, 2015

Presented By:

Debi Prasad Dash

Manager, India Energy Storage Alliance (IESA)

Analyst, Customized Energy Solutions

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India Energy Storage Alliance (IESA)

IESA was launched in 2012 to help technology and system integration companies involved in energy

storage and microgrids to understand and capture opportunities in thro growing market.

In 2013 launched IESA-Knowledge Partner Network with a goal of addressing energy storage applications

in over 10 key sectors. Currently we have 40+ members.

For more details visit www.indiaesa.info

IESA Members

Join Today

Page 3: IESAElectricVehicleWebinar Presentation

Helping drive policy framework for storage

Member of National Taskforce on Renewable Integration for Central Electricity Authority (CEA) &

Ministry of Power (MOP)

Member of Standing Committee on Energy Storage and Hybrid Systems for Ministry of New and

Renewable Energy (MNRE)

Chairperson of working group on energy storage, microgrids and renewable integration as part of Smart

Grid Co-ordination Committee for Maharashtra Electricity Regulatory Commission (MERC)

Special collaborations with various trade groups including InWEA, IWTMA, AEEE, Indian Electronic &

Semiconductor Association etc.

Providing inputs for launch of demonstration projects for ancillary services, renewable integration and

C&I applications.

Strategic

Partners

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Discussion Points

Overview on Indian Electric Vehicle ( & Hybrid

Vehicle) market by IESA team - 15 minutes

Presentation by ATL Battery on electric vehicle

battery market – 10 minutes

Presentation by Electrotherm (manufacturer of

electric scooter yo-bikes) on Indian electric

vehicle market – 10 minutes

Presentation by Firefly Batteries Pvt. Ltd on

advanced lead acid battery (Carbon Foam) for

electric vehicles – 5 minutes

Presentation on e-rickshaws in India by SAR

Group (Livgreen Cleantech) - 5 minutes

Q&A – 15 minutes

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Electric Vehicle (EV) market in India

5

EV

2W 3W

e-rickshaw NEV

4W

PHEV HEV BEV

The government is confident that the cumulative sales of electric and hybrid vehicles by 2020

can touch over 15 million with adequate policy and infrastructure support.

Source: NEMMP 2020

EV Demand, India, 2020(NEMMP)

Type Units in millions

Electric Two Wheeler 3.5-5

Battery Electric Vehicles (3W, 4W, Bus, LCV) 0.2-0.4

Hybrid Electric Vehicles (4W, Bus, LCV) 1.3-1.4

Total 5-7

Government of India had launched the National Electric Mobility

Mission Plan 2020 in 2013, to achieve national fuel security by

promoting electric and hybrid electric vehicle.

Recently in 2015, the Indian government launched Faster

Adoption and Manufacturing of Electric Vehicle (FAME)

scheme under which the government has set aside ₹75 crore

($12 million) subsidy to provide discounts on purchase of electric

vehicles in 2015-16.

As per NEMMP 2020, the automobile demand in the country will

be 10 million, 2.7 million and 34 million for passenger vehicles,

commercial vehicles and two wheelers respectively. And out of

this demand, electric vehicle sales in 2020 can be in range of 5 -7

million.

Government Initiative:

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More than 200dealers and 50-55traders enteredIndian market in theyear 2015. But“Sold and Forgotbusiness model”destroyed theirambitions

Then the seriousplayers like BSA,Electrotherm, andHero Electric (erlierHero Ultra) startedtrying to salvage themarket with reliableproduct andmaintenanceschemes.

The centralgovernment ofIndia in Nov 2010offered subsidesequivalent to $80for those whopurchased electricvehicles, but theprogram was poorlyfunded and endedin March 2012without beingrenewed.

Withdrawn offinancial subsidy,higher local tax anddrastic decrease inPetrol and dieselPrice forced theconsumers to shifttheir focus totraditional 2wheelers andelectric 2 wheelerssales reduced to20,000/year duringthis period.

In 2015, MHE, Govt.of India, launchedFAME IndiaInitiative underNEMMP to providesubisidy to themanufacturer.buyers of electricand hybrid vehicleswill get an upfrontdiscount of one-third of thedifference betweenthe price of thatparticular vehicleand a comparablepetrol model.

India has virtually no charging network for 2 wheelers.Currently few private companies like Mahindra, New Motionare planning for its development in India, which will be thebackbone for this industry to grow.

Roller-Coaster Journey of E-scooters/bikes in India

6

2005-06

2006-08

2008-2012

2012-2014

2015 onwards

In 2005-06, most oftraders just sold andforgot about the electric2 wheelers. Due to poorbattery quality and lack ofservices and maintenancecentre, Customers werenot happy and industryfelt a huge setback.

At peak, the industry went to 110,000 electric two wheelers sales per year

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Electric 2 Wheelers, HEV, BHEV

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Major customer Segments and Manufacturers –electric 2- wheelers

Major customers for electric 2-wheelers are small tradesmen and shopkeepers, who carrygoods for their business needs. It also includes small courier companies and small deliverycompanies employing delivery boys. With growth in e-commerce in India, this market isexpected to grow with a faster rate. Students with the age group of 15-18 are the mostattractive customers for this segment. Other customer segment includes housewives, seniorcitizens, and now office workers working inside IT Townships or SEZs

The top 5 electric 2-wheler companies include Ampere Vehicles, Hero electric (earlier HeroUltra), Yo Bikes, ACE Motors and Eko Vehicles.

Electric 2 wheeler sales in Indian market can reach more than 3 lakh per year by 2020.

Indian HEV and BHEV market

Sales of hybrid electric vehicles is likely to pick up soon with introduction of FAME subsidy.However, sales of plug-in hybrid vehicle (PHEV) will be dependant on growth of charginginfrastructure but other hybrid cars in which the storage is charged by power train are likelyto grow fast.

Currently not many hybrid car models are available in India. One of the most popular hybridcars in the market, Toyota Camry Hybrid had already made sales of 790 cars in 2014 and islikely to make 1000 unit sales in 2015. Within the period of 50 days in April and May 2015,Toyota sold 280 units of new Camry Hybrid model. This is an indication for strong marketdemand for hybrid cars in the country.

Electric BusFew state governments like Gujarat and Karnataka have already initiated pilot electricprojects for intercity transportations and other states like Maharashtra also looking forwardto adopt a pilot project on electric bus in Pune or Navi Mumbai.

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Electric 4 wheelers in Indian Market

Company Brand Type Battery Type Availability

Mahindra e2O (earlier Reva) BEV Li-Ion Since 2013

Mahindra Scorpio Hybrid, XUV500 Hybrid HEV Li-Ion(Samsung) announced

Toyota Prius PHEV NiMH Since 2012

Toyota Camry Hybrid HEV NiMH Since 2013

Honda Civic Hybrid HEV NiMH For past 6 years

BMW BMW i8 HEV Li-Ion Launched in 2014

BMW BMW i3 HEV Li-Ion Expected in Oct 2015

TATA Megapixel HEV (REEV) Li-Ion Phosphate Expected in Jan 2016

TATA Indica Vista Electric BEV Super Polymer Li-Ion Expected in 2016/17

Nissan Leaf BEV Lithium Ion Expected in July 2016

Hyundai I10 Electric BEV Li-Polymer Expected in 2016

KPIT Rivolo Retrofit HEV NA R&D stage

Other companies to enter 4 wheeler EV markets are Honda, Maruti Suzuki, TATA Motors (for material transport), Ashok Leyland (Bus).

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E-rickshaw Definition : As per Indian Moto Vehicle Act (with Recent Amendment), e-rickshaw means three-wheeled vehicles run by battery power of no more than 4,000 watts. It meant to carry 4 passengers and luggage up to 50 kg, covering a distance of not more than 25 km in a single trip.

E-rickshaws in India

e-rickshaws in India

Battery electric vehicle market in India is already dominated by e-rickshaws. More than250,000 e-rickshaws were sold in India in 2014. This market is estimated to grow at over 30-35% in 2015 to 2020.

Most of these e-rickshaws currently ply in National Capital Region (NCR). Other states inIndia where these e-rickshaws are popular are Punjab, UP, West Bengal, Bihar and Haryana.Most of these e-rickshaws (e-trikes or e-three wheelers) deploy 650 W or 850 W motorwhich are driven by flooded lead acid batteries of 4 to 5 kWh capacity.

E-rickshaws will dominate the battery e-vehicle segment in India. The passenger cars arelikely to gain more penetration after establishment of charging infrastructure in the country.

9

Amending Motor Vehicle Act for e-rickshaw and e-carts

Delhi Government had banned the e-rickshaws which havepower more than 250W and 25kmph. The Reasons for theban were the safety lot of traffic jam caused and noproper regulations to govern these e-rickshaws.

This Ban was lifted in December 2014 by amending theMotor vehicle Act .The amendment states that after atraining session of 10 days license will be issued for highspeed e-rikshaw (speed more than 25kmph).

These vehicles generally have 4 VRLA Batteries with 12VCapacity.

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Challenges and Need of Charging Infrastructure in India

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Challenges

Under India Government’s tax policy, value added tax (VAT) are also creating some ambiguity forelectric vehicle manufacturers. States such as Uttar Pradesh, Punjab, Chandigarh and Goa have aVAT ranging from 12-14% levied on electric vehicles, while Maharashtra levies a 5% VAT andother taxes, including Octroi, of up to 4.5% to make a total of up to 9.5%. So uniform VAT/Taxpolicy need to be implemented for electric vehicle manufacturers/buyers.

To fulfil government’s aim of 6-7 million (60-70 lakh) electric and hybrid vehicles on road by2020, estimated fund of INR 14,000 crore is required. Out of which government only allocatedINR 795 Crore (6% of the estimation) for initial 2 years (2015-17).

Need of Charging Infrastructure

Out of INR 795 Crore , central government only allocated INR 10 Crore and INR 20 crore for theyear 2015-16 and 2016-17 for charging infrastructure set up, which is very low as perrequirement.

Few private companies like Hero Electric under SMEV, planning for battery exchanges model inpilot project to avoid problems on real-time charging for electric vehicles (e-rickshaws).

Smart Charging Company, New Motion announced to Invest INR 1,000 crore in India on charging infrastructure development.

Low Investment in charging infrastructure and no regulation/standard on EV production andbattery will create questions on achievement of this ambitious targets.

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Market forecast- Batteries for Electric Vehicles

199

725

526

746

2015 2020

IN M

W

BATTERY REQUIREMENT IN EV SEGMENT

Electric 2 wheelers HEV( including PHEV)

BEV e-rickshaw

325

Overall Market potential for energy storage for electric vehicle segment is expected to reach 3,636 MW in period 2015-2020 and the market will grow from current 325 MW (2015) to 2196 MW (2020).

0 4,00,000 8,00,000 12,00,000

2 wheelers

HEV

BEV (excluding e-rickshaw)

e-rickshaws

IESA Estimation of On-road EVs by 2020

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IESA New Industry Report

IESA estimates stationary and motive lead acid battery market to be INR. 13,500 crore in 2015

As studied by IESA, the stationary and motive lead acid battery market in Indiais growing by over 11% and the market will be Rs. 13,500 crore (over $2.14bn) by the end of 2015.

The slowing down of huge inverter market will be compensated by high growthin electric vehicle and solar PV market. The market is forecast to be Rs. 25,000crore ($4 bn) by 2020.

In the last three months IESA has done at in-depth analysis of lead acid battery market in India by speaking to over 50 participants in the industry and engaging

customers and retailers on sites

Price:US $3,500

Pre-booking discount of 30% for Webinar attendees by 30th July 2015,

Email us at [email protected]

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Contemporary Amperex Technology Limited

“IESA – xEV Preamble to Panel Discussions”

Conference Call on July 23 2015

Presented by: Bob Galyen, CTO

Page 14: IESAElectricVehicleWebinar Presentation

Energy Density?

We must

think

differently

about

electrification

due to

energy

density of

fuel source

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Battery Value Chain

Raw

Materials

Cells

Modules

Packs

Applications

2nd Use

Recycle

Product Life Cycle

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SAE International Battery Standards Committees

SAE Battery Standards Steering

Committee

Advanced Battery Concepts Battery Testing

Equipment

Battery Safety

Battery Cell & Module

Connection Guidelines

Battery Packaging

Small Task Oriented Vehicle

Batteries

Hybrid Battery Testing

Battery Materials

Testing

Battery Labeling

Battery Terminology

Battery Electronic Fuel

Gauging

Battery Transport

Starter Battery

Battery Recycling

Truck and Bus Batteries

Disconnect & Discharge

Capacitive Energy

Secondary Use

Start/Stop

J1798J2288J2289J2380J2758J1495, J2185,

J240, J2801, J537, J930

J2984

J2936

J2983

J1797

J1715/2J2950

J2929, J2464Battery Cell and

Module Connections SAE

China Battery Safety

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PHEV Pack Construction View

Housing cover

HV Cable

BMU

HV Connector

MSD

Sealing

Module

Cooling Plate

Housing tray

Module Cover

CSC(CMC)

Cell

HV Connector

Cell Connecting System(CCS)

Pack Specifications

Capacity (minimum, Ah) 26.5

Voltage (nominal, V) 345.6

Energy Content (Wh) 9158

Weight(kg) 117

Energy Density (Wh/kg) 87.2

Energy Density (Wh/L) 91.6

S_BOX

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Transportation ESS Value Chain

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Where Are We in Standardization?

TESLA

Nissan Leaf

Chevy

Spark

Chevy

Volt

Ford

C-Max Prius

Plug-in

BMW i3

Chevy

Eco

CATL has an aggressive competitive analysis program.

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CATL Provides Cell, Module, Pack,

Cabinet and System

• Safe systems, high power & energy density, long service life

• Fast installation, easy service and maintenance considerations

• Full system monitoring, powerful data processing & transmission, and friendly human-machine interface

• Monitoring and control for both stand-alone and master-slave operation

• Fault/Fire detection, prevention, suppression systems

EV/ESS Cell

Module

EV PackES Cabinet Energy Storage

System

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Thanks For Listening

Web: http://www.CATLbattery.comE-mail: [email protected]

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IESA Open WebinarIndian Electric Vehicle (& Hybrid Vehicle) Market

Presented By:

Basant Vaishya,

Sr. Vice President and SBU Head

ELECTROTHERM (INDIA) LIMITED

Ahmedabad, INDIA

22nd July, 2015

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Electric Vehicle Industry in India

• In line with Global Scenario, INDIA is also developing self sustained Electric

Vehicle Industry

• Government of India has already announced National Electric Mobility Mission

Plan 2020, wherein an investment of apx. $ 3B has been proposed by 2020

• Major investments will cover the following key areas…

o R&D/ Technology Platform [Including testing infrastructure]

o Demand Incentive

o Charging Infrastructure

o Pilot Projects

o IEC/Operations

• xEV Classifications

• xEV Technology : Mild HEV, Strong HEV, Plug-in HEV/Range Extended Electric Vehicle, Battery Operated Electric Vehicles

• Vehicle Type : Two Wheeler (Scooter, Bike), Three wheeler, LCVs, Buses, Passenger Cars, Retrofitment

• Battery Type : Conventional Battery and Advance Battery (Lead Acid, Carbon Foam, Lithium Battery)

23Confidential (www.ces-ltd.com)

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24Confidential (www.ces-ltd.com)

(units in Lakh)• Sales projections as per NEMMP 2020

• INDIA is one of the largest Two Wheeler market, in proposed NEMMP 2020 also

BEV 2W are expected to contribute the largest volume

• Electric Two wheelers in India will be powered with Pure Battery Operational

Electric Vehicle Technology

• LOW COST OF OWNERSHIP, will be the key reason for customers to shift from

conventional IC 2W to BEV 2W

Date from : dhi.nic.in/NEMMP2020.pdf

Electric Vehicle Industry in India

Vehicle Sales in 2020 2W 4W Bus LCV 3W

HEV / PHEV nil 12.75 0.02 1.2 nil

BEV 48 1.7 to 3.20.003 to

0.0070.3 to 0.5 0.2 to 0.3

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• Phase 1 of NEMMP 2020 has already been launched in April 2015. Program has

been named as “Faster Adoption and Manufacturing of (Hybrid &) Electric

Vehicles in India” (FAME INDIA)

• An investment of INR 796 Crore has been planned for FAME INDIA over period

of next 2 years (FY 2015-17)

• INR 495 Crore has been allocated for “DEMAND INCENTIVE SCHEME”

• Announcement of Demand

Inceptives has already given much

awaited push to the EV sales in

India

• BEV 2W has already reported

4x Y-O-Y growth in QTR 1 of FY

2015 vis-à-vis same period last year

Gazette Notification dated 30.04.2015 issued by Ministry of

Heavy Industry and Public Enterprises, Govt of India

Electric Vehicle Industry in India

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ELECTROTHERM (INDIA) LIMITED

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• ELECTROTHERM (INDIA) LTD. is a leading engineering group based in Gujarat

with revenues of more than Rs 2500 crore annually

• The group operates in well diversified and few of the most upcoming sectors in

India:

o Engineering and Projects,

o Steel and Pipes,

o Electric Vehicles [E-Scooters & E-Rickshaws]

o Renewables [Solar PV & Water Heaters]

o Transformers & Transmission Line Towers

• In 2006 ET, was the FIRST to introduce E-Scooters in India under the brand

name of YObykes

• ET has more than 3 decades of rich experience in “POWER ELECTRONICS”,

which gives ET a competitive advantage in Electric Vehicle category

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Product Line

• High Speed EV’s Best suited for Indian Market

• More than 80% market share

YOEXLSpeed : up to 55 km/hrRange : up to 60 km/charge 48Ah Battery | 1000W Motor• Comfortable riding for two • Under Seat Storage Space

YOSparkSpeed : up to 45 km/hrRange : up to 60 km/charge33Ah Battery | 900W Motor• Digital Odometer • Telescopic Suspension

High Speed Range

all above specifications under standard test conditions

Economical (NO Petrol) | Easy & Simple to ride | Eco-Friendly

Less 250W Motor Range

YOXplorSpeed : up to 25 km/hrRange : up to 60 km/charge24Ah Battery | 250W Motor• Under Seat Storage Space• Digital Odometer

YOElectron ERSpeed : up to 25 km/hrRange : up to 70 km/charge24Ah Battery | 250W Motor• Dual Color • Digital Odometer

• This range caters a to very lucrative and niche market – Kids, Elderly, House wives, office boys

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ET, Shaping the E2V category in India

28Confidential (www.ces-ltd.com)

• FIRST and the only EV manufacturer to cross the landmark of ONE LAKH

satisfied customer

• Largest pan India network of Exclusive brand outlet equipped with 3S facility

• Only E2W company in India to have in-house R&D and manufacturing

facility of entire Power Train i.e. Motors, Chargers, Controllers,

Converters

• Exclusive product offering in 1800W and 1200W motor powered E-scooter

category

• State-of-the-art manufacturing plant with best in class testing & QC facility with

installed capacity to manufacture 2.88 lakh vehicles p.a.

• Founder member of SMEV

• Core member of National Electric Mobility Mission Plan 2020 (NEMMP 2020), an

initiative by Ministry of Heavy Industry and Public Enterprises

• YObykes was awarded as “Automotive Product of the Year 2007” by world

renowned automobile magazine OVERDRIVE

Page 29: IESAElectricVehicleWebinar Presentation

IESA Open WebinarIndian Electric Vehicle (& Hybrid Vehicle) Market

Presented By:

Mr Maheshwar Babu

Sales & Marketing Head

Firefly Batteries Private Limited

Ahmedabad, India22nd July, 2015

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Firefly Batteries Private Limited, India

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• Microcell® Carbon Foam battery technology was developed in the R&D labs of

Caterpillar, Inc., and was later spun-off into an independent company Firefly

International Energy Co. USA. FFBPL-India is the second company in the

world apart from US which is fully operational

• Microcell™ Carbon Foam technology is a result of an innovative use of

materials such that it removes almost all the limitations of current lead-acid

battery products and succeeded to offer Higher Efficiency & Longer Cycle life

which brings down the total cost of ownership.

• Firefly Batteries Pvt Ltd, INDIA has ben licensed by Firefly International to

manufacture and market Microcell® Carbon Foam Batteries in INDIA

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Firefly Batteries Private Limited, India

31Confidential (www.ces-ltd.com)

MICROCELL® CARBON FOAM BATTERIES FOR ELECTRIC VEHICLES

• Firefly Batteries Pvt. Ltd. Is producing and supplying low cost

advanced lead acid batteries using Microcell Carbon Foam

for E-Rickshaws and other applications. We are also developing 2W-

MCF batteries.

• Microcell® Carbon Foam Batteries are highly resistant to

sulphation and work for long period in PSOC.

• It has 2-3 times more life over VRLA Sealed Lead Acid

Batteries.

• These are Deep Discharge Batteries. Can be kept in ideal conditions for

longer period without charging, and can operate at wider temperatures.

• At 50% DOD Firefly batteries will give over 3000 cycles.

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Comparison of Various Technologies

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Comparison Li ionFirefly

Microcell® Carbon Pb acid batteries

(SMF)

Performance 3C 8C 5C

Life (80% DOD)1000 cycles 1000 cycles* 300 cycles

Specific Energy 125 Wh/kg. 40 Wh/kg. 30 Wh/kg.

Power Density 750 W/ Kg. 225 W/ Kg. 180 W/ Kg.

Discharging Temp Range

-10°C to 60°C -40°C to 60°C -20°C to 60°C

Charging Temp Range 0°C to 45°C -40°C to 60°C -15°C to 50°C

Self-Discharge very low 0.15% per day 0.3% per day

PSOC (Partial State of Charge)

No effect on Life No effect on LifeAffects the battery life

Serviceability Maintenance free Maintenance free Maintenance free

Standards NASAE J2185 & BCI : 05IS 15549 : 2005

IS 15549 : 2005

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Applications of Carbon Foam Batteries

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• Electric Two Wheelers (BEV3W)

• Electric Three Wheelers (BEV3W)

• Pure Electric Buses & Hybrid Electric Buses due to Deep discharge

capability.

• Solar Application due to superior PSOC performance.

• Telecommunication due to superior PSOC performance.

• Defense due to long duration of retention of charge & stringent temperature

conditions.

• Railways for Lighting & Signaling

• Inverter and UPS

• Energy Leveling applications

Page 34: IESAElectricVehicleWebinar Presentation

IESA Open WebinarIndian Electric Vehicle (& Hybrid Vehicle) Market

Presented By:

Sumit Dhanuka

Lead - Strategy, Planning & Business Development

Livgreen Cleantech, SAR Group

22nd July, 2015

Page 35: IESAElectricVehicleWebinar Presentation

Indian E-Rickshaw Market in India

– Existing Presence & Operating Business Model

35

Existing Presence & Growth Potential

• More than 3,00,000 e-rickshaws operating across Northern and Eastern states, including Delhi-

NCR, Uttar Pradesh, Bihar, West Bengal, Orissa and Jharkhand

• High growth expected over the next decade on account of business model advantage

• E-rickshaw adoption at fast pace - both from manual rickshaws and fossil-fuel rickshaw fronts

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Indian E-Rickshaw Market in India

– Existing Presence & Operating Business Model

36

Business Model

• E-rickshaws operating in Fleet owner OR Owner-Driver model on a Fixed / Random Routes

• E-Rickshaws priced at 85,000 INR – 1,25,000 INR (1400 USD – 2100 USD) across different markets

and different models

• Market dynamics different from market-to-market

• Daily Earnings of the last mile up to 1,000 INR (16 USD)

• Daily Charging cost (either at home / external charging arrangement) up to 120 INR (2 USD)

• An overnight charge could run a distance upto 80 km

• Lead-acid battery pack of 4 batteries costing ~ 24,000 INR (375 USD) with six-month warranty

• Scrap value of batteries 4,000 INR (63 USD)

• Cap-ex every 6 months is 20,000 INR (311 USD) effective allocation of 2 USD per day

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Challenges

• Lack of active government support

• Lack of recognition

• Lack of clarity in regulations for adoption in multiple markets

• No incentives for recycling batteries

• Fragmented market of E-rickshaw manufacturers, market dominated by Chinese products

(serious gap in product quality and safety)

• Fragmented market of battery suppliers : 6-7 organized and more than 50 unorganized local

battery suppliers

• Battery charging (using electricity) at homes leading to unpredictability of demand for utilities &

financial disadvantage with domestic rates applied for commercial application

Indian E-Rickshaw Market in India – Challenges

Note –

• In March 2015, the Motor Vehicles (Amendment) Bill was cleared establishing battery-powered e-rickshaws as a valid form of

commercial transport

• 3-wheeled vehicles run by battery power of no more than 4,000 Watts

• 4 passengers, luggage of 50 kg and with a single trip under 25 kilometers

• 22,000 licenses granted, insurance can be obtained for e-rickshaws, minimum 8th pass criteria removed

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Energy Storage India -2015

“Save the dates & Book you slots”

Confidential (www.ces-ltd.com) 38

www.esiexpo.in

Page 39: IESAElectricVehicleWebinar Presentation

Contact US

39

Customized Energy Solutions India Pvt. Ltd.A 501, GO Square

Aundh - Hinjewadi Link Rd, WakadPune, Maharashtra 411057 India

Phone: [email protected]

Customized Energy Solutions Ltd.1528 Walnut Street, 22nd Floor

Philadelphia, PA 19102 USA

Phone: +1-215-875-9440Fax: +1-215-875-9490

[email protected]

Debi Prasad DashManager, India Energy Storage Alliance (IESA)

Analyst, Financial services, [email protected]

India Cell: +91-969-971-9818India Office: 020-3240-7682

www.ces-ltd.com