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tv   Business - News  Deutsche Welle  September 8, 2023 11:15pm-11:30pm CEST

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that's the coach thing. don't count your chickens before they hatch. you're watching dw news. my colleague chris cobra is up next week. the w business news have a good weekend. everyone news, [000:00:00;00] the votes. people have to say the that's why we listen to based on the reports every weekend on d w, the interest,
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the global economy portfolio g w business be here's a closer look out the project. to analyze the flight for market dominance. with d w. business beyond the global leaders descending on to delhi india is hosting the g 20 summit against the backdrop of the surging economy. and with a challenging agenda, we'll have the latest from the summit also on the show with this year's munich mobility show heading into its final days, full of export analysis on when e car batteries will finally cost less last longer. of course cobra, welcome to the program. global leaders have been arriving at the end and capital to
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convene a this year's g 20 summit. and they're touching down in a country whose gdc is among the fastest growing of any major economy. and we've just paused to overtake the economies of germany and japan and the coming years. and it is this environment that many well educated indians want to be part of rather than working abroad. are very nice all very good morning and welcome to our design team meeting at holland mobility. a started up located in the southern indian metropolis of hyderabad. she called the heads of the company a 29 years old. he studied telecommunication sciences in italy and spain. but returned to india to found his company 3 years ago. ready already run so more than $2500.00 electric scooters to customers, like delivery drivers for example. he chose to bases operations in india primarily because of the enormous customer potential. so they,
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we are dealing with 1400000000 population here, and that population needs the different types of solutions. and that's the benefit anyone would get on top of it. the young generation that the india has. and that is what is going to drive the whole and make the simple one of the superpowers i'll get. no economy is currently growing as quickly as india's within 4 years. it's expected to surpass germany and japan. this growth is reflected in many startups like holland mobility. when we start doing or 2020 novel, we thought it was near to because right on that same year we'd scale it up to 20 and then the next 5 years was a 10200 weight because from data we scale to do, i need to pause in our numbers, we picked up our 1st round of investment last year with the investment we do for them to put sometimes, the entrepreneur also gets support from the tea hub center in hydro bod. it's a state funded project that advises and supports start ups like ready is from their
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inception. all of this one building. would it be housing at on $1000.00 startups? there's $1000.00 new ideas, new businesses, new innovation was i wanted to be made out of here. and this is one job going to pick a location in the hybrid about that. so i think that is a good spot that be on the india is growing not just in population and economic strength as but a growing the sense of identity for tech clubs like hyderabad. let's take a closer look at this g 20 gathering with dw correspondent, charter carter k, who is outside the g. 20 venue in delhi. and roger bills was the single for his executive director and asia pacific chief economist at s and p global market intelligence. a welcome to both of you, roger, let me start with you. india has grown. china is here as the most populous country in the world. it's vp as among the fastest growing of n or major any major economy. what role does do these facts play for india?
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and hosting a summit, i think the g 20 summit taking place in june gallery is happening at a historic moment for india, with its growth rate, the process and the g 20 this year. and also having surpassed china, which for many years was the fastest growing large economy. so i think india is now looking like it's going to become one of the most important emerging markets in the world. our full cost is that india will become the 3rd largest economy in the world by 2030. so i think the g 20 summit very much with a spotlight on india. there was a business summit ahead of the she 20 leaders summit which brought together many of the world's leaders are multi nationals for in dialogue. so i think we're seeing far greater focused on india for multi nationals to invest and for trade.
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and also i think for a technology to exchange with india and of course they also the g 20 summit just trying to know to deliver is also a charge over to you in the us g. 20 sure of us. as the leaders final declaration is almost ready and will be a quote, voice of developing countries. yet from the outside it seems that there are quite a few stumbling blocks, the war and ukraine, for example, or vital climate change action. tell us more as well. yeah. because what. a video is that earlier this morning that would be the report that the g twenty's headphones meeting that contributed yesterday. it was especially inconclusive as far as the dictation instead of and they would report that india was trying to accommodate china and rush has been sense, visited your brain and the destination to which almost all of the entire western block objected. and therefore it didn't really work out now. uh, this is wendy said palm it cons. was obviously austin question in the press
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conference that i attended. yeah. at the international media center which is very close to the actual venue of the g. 20 summit. and i'm a top cons was, was the, was a cautious given group. like you said that as sherpa, it is our job to give recommendations, the leaders, but this is the lead to somebody. so what does that to the leaders, whether they will accepted or approve it or not? so that was very cautious. the dog is sort of the response that on the top gone even fact all the m e. a senior functionaries who were present that they give the audited those responses as far as that question is concerned. and that sort of explains the situation. is the ones that a, that's india is in uh, is it a separate report? and these reports have been consistent that things have not been working out. you've been continues to be the bone of contention. but what actually happens? we just need to wait for 11 day more to find the
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w correspondence. our project in delhi and roger visit was executive director and asia pacific chief economist at s and p global market intelligence. thanks to both of you. now, prior to the meeting and daily, the un secretary general urged the 20 leaders to do more against a climate crisis, which in the words of antonio terrors is spinning out of control the harmful impact of emissions. as far as the auto industry to switch to electric vehicles ideally powered by renewable energy, but the batteries have plenty of room for improvement. many consumers would be happy to switch to a car that doesn't to med carbon dioxide and other greenhouse gases. but they're put off by drawbacks. a lot of electric vehicle share. you can't drive far on a full charge and charging up takes time. the conventional lithium ion batteries that power today's electric vehicles are bumping up against physical limits and sharp. they will be improvements in currently, if you mind batteries,
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but that will ultimately be a limit to how far you can take that conventional vehicle batteries have a positive and a negative electrode. these are immersed in a liquid called and electrolyte that can transport lithium ions. there's also a separator layer in between to keep the battery from short circuiting when it's charged and ready for use. the lithium is stored on the negative side, as the battery discharges, producing electricity to power the car. it turns the stored lithium into ions that move through the liquid electro, like medium crossing the separator to the positive electrode. in a solid state battery, the liquid electrolyte is replaced by a solid electrolyte made from high tech materials. lithium ions move through it in a similar way because the electrolyte is solid short circuit scroll and much less likely and the separator can be removed. solid state batteries can be made smaller than those that use liquid electrolytes because you can replace the material in the
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negative electrode with a thin layer, a fewer lithium, which has a much higher energy density that has how much energy i have in my back be to kilograms of mass. and roughly right now, that is about 251 hours per kilogram. now if we can have a solid state that there's been some prototypes which are around 400, maybe 500 watts. how is the kilogram? so we're talking about a doubling of the energy density, which would include the me give you a doubling of the range of your electric vehicles. a solid state batteries can therefore carry a higher charge in less space. and small ones are already used in devices like smart watches or pacemakers. they also charge faster and are less likely to catch fire or explode. but despite headlines that they're destined to revolutionize the electric car segment, some major engineering and production challenges still have to be overcome.
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let's talk some more about these batteries with eric williams from dw science who's report you just saw. what comes the studio, derek. a battery is the heart of an electric vehicle. let's put it that way. and just as any heart does, battery does last forever replacing. it is very expensive. when will cost come down? well, that's kind of the $1000000.00 question, isn't it? i mean, on the one hand we're in creasing capacity, our manufacturing capacity at a tremendous rate is expected to double more than double by the year 2030 in terms of with me on my own batteries and, but at the same time we're going to be running into into kind of some, some, some breaking things which could be, for example, less and less him could prove to be a bottleneck. so there's plenty of lifting him there, but we have to still get it out of the ground. so there are these, there are these factors that are made either unsure. on the one hand we've got passive scale up, which should bring costs down. on the other hand, we've got potential bottlenecks. so lots of moving parts. let's keep talking about
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a big issue here. a big issue i'm on price and longevity is range. how long will range be an issue? well, that's one of the things that the solid state batteries have been designed to, to address one of the issues along with safety. in particular, the, the, the, the ability to, to charge them and have them run for up to 111200 kilometers on the question. a big question moving forward is going to be whether we actually even need that bigger as, as we build out our charging infrastructure. but at the moment it still happens to be quite an issue. and that's an issue. that's all the st. batteries, it can possibly address, and on that note, toyota claimed only a couple of weeks ago that it could make a battery. uh that would have a range of 1200 kilometers and which could be charged in around 10 minutes, a solid state battery problem solved. well, it sounds that way that, you know, toyota has also made promises before that it hasn't left out to in terms of
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launching solid state electronics ends and solid state batteries. um, i would say that that just because something works in the loud doesn't mean that it works necessarily in real life. and i think toyota and other carmakers as they develop this technology for there are going to probably start with demonstrator plans and demonstrator models cuz no car maker likes a recall and. and that's just installing the solid state batteries in cars, has the potential to do that. so i think that, um, i would wait and see actually if toyota managers to launch this in the next 3 to 4 years as promised, derek williams, of dw science. derek, thank you very much. i 6 and that is our sofa all more for more check out our website at www. dot. com slash business, or the d doesn't use youtube channel. i'm chris colbert, berlin for me and the entire team. thanks for watching. have
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a great the world, but you know, here we are happy that we are boxing the story. we have a getting a visa is more difficult than finding gold hosted to use the sales force and for the future in the stories and issues that are being discussed across the country. news africa. next on d w. pico india. ingested 15 in the world. a groundbreaking company has come up with a tactical solutions, taking the conventional much bikes into high for one affordable electric vehicles. it keeps down to the green transport revolution. india.
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in 60 minutes on d, w. these places in europe, a smashing step into a bold adventure. the treasure map for modern flow to describe it as some of us wriggled, begging sites on youtube and also the, this is the domain is africa coming up on the program? how come ask a fund, a climate positive future? as african leaders pledge action on the climate crisis calls on global supports? we ask if the plan will propel the continents towards the green goals. also coming up, even though kenya gets nearly all its energy from renewable sources to find out why

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