financing your ev initiative: what makes a project investable? · financing your ev initiative:...
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2ND Annual Electric Vehicle Asia Summit Singapore 12th - 13th March 2019
Listed since 1999
Financing Your EV Initiative: What Makes a Project Investable?
Maneesh Tripathi – Group CEO & Executive Director SEVAK Ltd and Singapore Electric vehicles Email : [email protected]
Financing Your EV Initiative: What Makes a Project Investable?
Financing Your EV Initiative:
What makes a project commercially viable?
• Industry : Commercial factors to consider for investment decision?
• Where is the money - Infrastructure debt providers and investors
• Modeling :Proposition for debt and equity funders
• Summary : Encouraging uptake investors and government
TOPIC- agenda flow
VISION – Smart Nations and e Mobility 2050
Reference : Courtesy URA/MOT and other internet websites
Urban living- technology driven (IoT, AI, big data) AV/EV shared mobility- low ownership
EV/AV may reduce vehicle population by 80-90% Transport cost may go down by 50-60%
Gain in efficiency and productivity
Future of Mobility
Autonomous Vehicles: Preparing for a driverless future
Taking leadership position in EV and AV space
SEV VISION – 2050 – Singapore and developed nations
1. Possibility of 70% of all Vehicles to become EVs by 2035
2. 50% of last mile transport to become AV
3. 30% of all contained transport like ( parks, condos, Airports, Campuses etc) to become AV
4. Transport costs down by 40-50 %
1. 100% of public and private transport will become EVs or AVs
2. Private vehicle ownership will drop to less than 10%
3. All pervasive smart/e-mobility
4. 80-90% public and private transport will be AVs
5. Transport costs down by 60-70%
2035 2050
Attractive Proposition for debt and equity funders
Decreasing battery prices leading to accelerate EV sales
-77%
Average Battery Pack Price (Global) S$ per kWh
2020 Forecast 2030 Forecast
1400
1120
899
756
490 377
0
200
400
600
800
1000
1200
1400
2010 11 12 13 14 15 2016E
US, EU & China electric vehicle sales
80 kWh battery cost 2015 S$ 39,000 2016 S$ 30,240 2020 S$ 20,000
(Numbers/K)
Electric Vehicle Growth
2016/17 2016/17
What makes a project commercially viable?
What are the commercial factors to consider when making the investment
decision?
• Electric Vehicle Market Attractiveness – Unraveling Challenges and
Opportunities
• Rise of electric vehicles (EV) means long-established automotive player
experiencing profound and prolonged challenges
• Technology based new AUTOMOTIVE players will emerge with new technologie
and products and new competitors.
• Factors for EV Market Attractiveness Study
•Government and Sovereign funds will drive growth with technology players
Source: https://www.ucsusa.org/clean-vehicles
Why to invest - Gasoline Vs BEV ?
Date Source: website and BYD, Shenzhen energy price
Gasoline Vs BEV – operational cost saving is key for EV fleets
How Banks/Financial institutions may get Involved
Copyright 2018. All rights reserved.
REACHING OUT
Maneesh Tripathi – Group CEO & Executive Director SEVAK Ltd and Singapore Electric vehicles Email : [email protected]