Singapore Electric Vehicles Private Limited ( Part of Si2i Ltd SGX listed) 08 NOVEMBER 2017 1
is listed on since 1999 SINGAPORE ELECTRIC VEHICLES (SEV) IS A 100% SUBSIDIARY OF Si2i Ltd
An Introduction to the Group
Strong parent Group with 40+ years of pedigree The Group follows smart business strategy of entering into high potential sectors, thereby bringing the best technologies as well as creating greater value for stakeholders MODI (1972-1995) Manufacturing Xerox, Olivetti, Alcatel, Telstra SPICE (1995-2014) Services Axiata, Celebrum, HOTSPOT SMART (2014 onwards) Clean Energy & Smart Living GMMH, MODICITI, BYD Group Presence Mobility Finance Entertainm ent & Lifestyle Healthcare Smart ModiCiti Foundation EV s present an impactful and beneficial cross-cutting opportunity to the India market
Focus now is on moving from - Information 2 Innovation.. F CUS 2 @ INNOVATION
Future journey.from Information to Innovation
The largest Electric Vehicle commercial fleet in Singapore Launching 50EVs by Dec 2017 Launching Pilot in India in 2018
Vision & Steps so far To be the leading EV Taxi provider In Singapore Association with BYD - a leading global EV Player Experience centre for BYD e6 EV in Singapore Currently operating EV taxi fleet with UBER (Pilot) Encouraging results from Pilot operation since January 2017 UBER has agreed to create a separate category for EV taxi
Future of Mobility- India Autonomous Vehicles: Preparing for a driverless future
Disruption as a pedigree CHANGE AGENT FOR THE LAST 10 YEARS 1. Office Automation Per copy model First in the country 2. IT / Telecom Per min call rate First in the country 3. Auto / Automated electric vehicle Capex to Opex Per km AV fleet as Industry First in the country
Disruption in mobility industry Shifting the paradigm from car ownership to Autonomous electric vehicle (AEV) & car light society OLD Dead Asset Manufacturing Distribution Car Ownership Car Usage NEW Manufacturing Fleet AV On- Demand Per km model Service Industry
The new disruptive cycle Manufacturing EV/AV Deliver to EV/AV fleet (Service) Ride hailing Per KM Service Industry Solar based Charging station
Autonomous vehicles Vision and advantages for India 1. Productivity/Personal Savings Car light society and decline in Car Ownership: Cars now cost drivers 18% of annual income for an asset they use only 5% of the time 1 Electric and autonomous vehicle = 300 km/day and 1 private vehicle = 60 km/day. Hence 1 AV replaces 5 private cars on road in a way. EV to AV cycle and eco system AV reduces driver cost in fleet and app based taxi hailing services which ultimately leads to low taxi rentals. AV/EV would result in a reduction of 156 Mtoe in diesel and petrol consumption for that year. (Source: NITI Aayog)
Autonomous vehicles Vision and advantages for India 2. Reduce Traffic congestion AVs will utilize the city s existing Road surface area more efficiently and provide more breathing space for the city AVs will reduce or eliminate most of the parking space used up in the city 25% of congestion due to accidents will be averted by AVs. (Source: Bates Carey LLP) 3. Environmental and other social benefits Cars account for 20% of all greenhouse gas emissions and 60% of petroleum use. AVs will totally eliminate this. (Source: Bates Carey LLP) Fuel efficiency will improve by 10% to 40%. (Source: Bates Carey LLP) AV will reduce the Total Cost of ownership of a car for the society and free up disposable income for the household.
Current Status of EV project in Singapore
Singapore Taxi Market Ø In Singapore, there are six taxi companies operating a around 29,000 taxis (Department of Statistics, Singapore) as of Jan-17. Ø Taxi Market Share in Singapore:a) Comfort DelGro 16,000 Taxi s (~55%) b) Trans Cab 4600 Taxi s (~15%) c) SMRT 3000 Taxi s (~10%) d) Rest - 5400 Taxi s (~20%) Ø Uber and Grab Car Taxi s are driven by individual license holder therefore numbers keep fluctuating. (in the past three years to an estimated 40,000). Ø Taxi cabs in Singapore ( Diesel powered) need to pay much higher road tax to deter people from using diesel powered vehicles. Ø The above number includes 100 HDT electric taxis (BYD e6). Ø SEV operating 15 vehicle since Jan-17 as pilot project (BYD e6). Singapore Govt. has forecasted 2500 EV Taxi by 2020 16 16
ELECTRO MOBILITY ROADMAP GOVERNMENT AUTHORITIES: Land Transport Authority, in collaboration with National Research Foundation (NRF) and National Climate Change Secretariat (NCCS) is developing the roadmap on electro mobility until 2050. FLEET ELECTRIFICATION between 134,000 EVs (Low scenario) and 532,000 EVs (High Scenario) in 2050 Public Buses and Taxis offer the biggest potential for electrification CHARGING INFRASTRUCTURE to be built by private sector, in case EV market is accelerated and investment framework provided by Singapore Government COMPETITIVE RESEARCH potential in Autonomous urban electric (micro) systems, Smart connected urban electric transport, Charging infrastructure solutions and System integration 17
SINGAPORE ELECTRIC VEHICLE (SEV) Singapore Electric vehicle runs the fleet like an asset managed by an aggregation of world class software creating value CUSTOMER ORDER IN APP RIDE IN EV BILL / REVENUE RECENT DEVELOPMENT q UBER signed the MOU with SEV for a separate EV category and addition of Electric taxi in 15-250- 500 numbers in 18 months q UBER will provide in pricing, promotional and joint marketing support including a new Uber EV category. PARTNERS AGGREGATION OF WORLD CLASS SOFTWARE WITH UNIQUE MANAGEMENT - a location-based app for hiring an on-demand private cab & billing system. - a cloud-based fleet management software for vehicle and driver information in one place - Advance driver assistance system acting as a Third Eye /Mobileye - BMS is used to monitor the working condition of Fe batteries in the process of charging and discharging. - An electric vehicle, uses one or more electric motors for propulsion and battery as a fuel. 18
UBER Ø Uber Technologies Inc. is an American technology company headquartered in San Francisco, California, United States, operating in 633 cities worldwide. It develops, markets and operates the Uber car transportation mobile apps. Ø Uber has been a pioneer in the sharing economy and the changes in industries as a result of the sharing economy have been referred to as "Uberification" or "Uberisation". Ø Revenue: USD 6.5 billion (2016) Ø Total Equity funding: USD 8.81billion in 14 rounds from 79 investors. Also, 76% of ride-sharing app users use Uber most frequently. And more than 70% of consumers who haven t used ride-sharing apps are familiar with Uber s brand name. Uber Electric BYD e6 19 19
BYD e6 Electric Range 400 Km per charge Energy Saving Free of gasoline while using electricity from all forms of sustainable sources Zero Emissions Zero emissions during driving Environmental-Friendly No pollutant exhaust in driving, low noise and battery can be recycled 20
ACCELERATING EV GROWTH Source: McKinsey Report 21
Our presence in Singapore Smart Innovation Center Research and Innovation Center for new technologies And Electric Vehicles Experience center. Charging stations center Finance Headquarters: Centre for decisions on working capital management and debt/equity fund raising Innovat ion Product Design and Innovation Centre: Product development and design centre Branding Centre: Product rollout and launch decisions are made centrally and implemented across the region 12
2017 - From Information to Innovation. The Group has traversed a journey of 40 years moving leading the technological innovation field as key strategy
Singapore electric vehicles for a better city Thank You! Thought of the Day:- When something is important enough, You do it even if the odds are not in your favor 24
Contact: Maneesh Tripathi (Group CEO & Director) Singapore Electric Vehicles Email: maneesh-tripathi@s-i2i.com 25