1 00:00:00,880 --> 00:00:02,880 Speaker 1: Welcome to Zero. I'm Akshatrati. 2 00:00:03,160 --> 00:00:19,480 Speaker 2: This week we are off to the races. 3 00:00:20,000 --> 00:00:21,640 Speaker 1: Tasha, where are we today? 4 00:00:21,720 --> 00:00:24,480 Speaker 3: This is a different podcast, the issue it is different. 5 00:00:24,720 --> 00:00:27,520 Speaker 1: We are still in London where we are inside an 6 00:00:27,640 --> 00:00:31,720 Speaker 1: exhibition hall which has been turned into a race track 7 00:00:32,400 --> 00:00:37,000 Speaker 1: for an electric car race, a Formula E. You've heard 8 00:00:37,040 --> 00:00:40,440 Speaker 1: about Formula one, right, but do you know about Formula E? 9 00:00:40,760 --> 00:00:44,319 Speaker 1: It's plucky all electric sibling. Earlier this year I went 10 00:00:44,360 --> 00:00:46,680 Speaker 1: to watch the Formula E race here in London with 11 00:00:46,840 --> 00:00:49,879 Speaker 1: Zero's producer Oscar Boyd. Where are we in the kind 12 00:00:49,920 --> 00:00:52,440 Speaker 1: of grand complex of the exhibition center. We are in 13 00:00:52,479 --> 00:00:56,200 Speaker 1: the pit lane looking at essentially broken apart cars right 14 00:00:56,240 --> 00:00:59,200 Speaker 1: now that are being readied for a race that's about 15 00:00:59,200 --> 00:01:00,680 Speaker 1: to start in a Cup of Ours. 16 00:01:01,240 --> 00:01:03,280 Speaker 3: And these are oh electric cars, these. 17 00:01:03,160 --> 00:01:05,080 Speaker 1: Are all electric cars. It was the last race of 18 00:01:05,120 --> 00:01:08,480 Speaker 1: a very busy season. We had been invited by Envision Racing, 19 00:01:08,720 --> 00:01:12,200 Speaker 1: one of eleven teams each with two cars competing in 20 00:01:12,319 --> 00:01:15,319 Speaker 1: Formulae and as part of the tour I got to 21 00:01:15,360 --> 00:01:17,720 Speaker 1: go see the pit lane before the race started and 22 00:01:17,800 --> 00:01:21,320 Speaker 1: later even walk alongside the cars parked on the starting line. 23 00:01:21,680 --> 00:01:25,560 Speaker 1: I also spoke to one of Envision Racing's driver's Sebastian Buemi. 24 00:01:26,000 --> 00:01:29,280 Speaker 4: It's the top electric racing series you can have in 25 00:01:29,319 --> 00:01:33,560 Speaker 4: the world. The cars are getting faster and faster. It's 26 00:01:33,680 --> 00:01:36,679 Speaker 4: actually really nice to be a drive in this championship. 27 00:01:37,040 --> 00:01:39,760 Speaker 4: It's very hard, but it's great. 28 00:01:39,840 --> 00:01:42,200 Speaker 1: You know, the Formulae has been around for just over 29 00:01:42,240 --> 00:01:44,640 Speaker 1: a decade and the cars have come a long way 30 00:01:44,680 --> 00:01:46,920 Speaker 1: in that time. When the first race took place in 31 00:01:46,959 --> 00:01:50,800 Speaker 1: twenty fourteen, each driver needed two cars per race because 32 00:01:50,880 --> 00:01:53,960 Speaker 1: the batteries just wouldn't last the full course. Now each 33 00:01:54,040 --> 00:01:58,000 Speaker 1: driver uses just one car, which can accelerate faster than 34 00:01:58,000 --> 00:02:01,120 Speaker 1: a Formula one car and hit tops off around three 35 00:02:01,200 --> 00:02:04,720 Speaker 1: hundred and twenty kilometers per hour, tearing around corners with 36 00:02:04,760 --> 00:02:08,760 Speaker 1: a high pitched whistle from the electric motors. I was 37 00:02:08,880 --> 00:02:11,480 Speaker 1: very excited to see it. So this afternoon, we're about 38 00:02:11,480 --> 00:02:13,560 Speaker 1: to see your first ever car race. This is my 39 00:02:13,600 --> 00:02:17,200 Speaker 1: first ever carrage. I mean, I've watched it on TV, 40 00:02:18,040 --> 00:02:21,400 Speaker 1: and this is way more exciting. There feels to be 41 00:02:21,440 --> 00:02:26,120 Speaker 1: a lot more mood here with people watching, and yeah, 42 00:02:26,280 --> 00:02:28,320 Speaker 1: we're looking forward to it. And does it feel strangely 43 00:02:28,320 --> 00:02:31,600 Speaker 1: fitting that your first ever car race as a climate 44 00:02:31,639 --> 00:02:34,760 Speaker 1: generalist is with electronic cars. I think I would not 45 00:02:34,800 --> 00:02:36,880 Speaker 1: be going to a car race if it wasn't electric. 46 00:02:37,720 --> 00:02:41,480 Speaker 1: This week on Zero I'm talking with Silva Philippe, co founder, 47 00:02:41,639 --> 00:02:45,680 Speaker 1: managing director and chief technology officer of Envision Racing. I 48 00:02:45,720 --> 00:02:49,400 Speaker 1: asked him why the world needs an electric racing series, 49 00:02:49,840 --> 00:02:53,919 Speaker 1: how Formula E is improving the experience for consumer electric cars, 50 00:02:54,440 --> 00:03:16,880 Speaker 1: and why he's not concerned about the US backlash against evs. Silva, 51 00:03:17,360 --> 00:03:18,160 Speaker 1: Welcome to the show. 52 00:03:18,360 --> 00:03:19,000 Speaker 3: Glad to be here. 53 00:03:19,639 --> 00:03:23,880 Speaker 1: Now, you started your career working for car companies, well 54 00:03:23,919 --> 00:03:27,200 Speaker 1: known car companies, but then you got into racing. What 55 00:03:27,400 --> 00:03:31,440 Speaker 1: drew you into racing and particularly electric vehicle racing. 56 00:03:32,480 --> 00:03:34,760 Speaker 3: It's a really long story, so I will keep it short, 57 00:03:34,800 --> 00:03:38,600 Speaker 3: but for me, in short, it was the realization in 58 00:03:38,640 --> 00:03:42,560 Speaker 3: my consulting years of how powerful and how you know, 59 00:03:42,680 --> 00:03:47,280 Speaker 3: ultimately inevitable this technology was. An electric motor is so 60 00:03:47,400 --> 00:03:52,360 Speaker 3: much better suited at moving a vehicle than an icy engine. Ultimately, 61 00:03:52,960 --> 00:03:56,640 Speaker 3: so there was a sense of inevitability that electric house 62 00:03:56,640 --> 00:04:00,480 Speaker 3: will beware simply because of their sheer efficient seeing how 63 00:04:00,560 --> 00:04:04,320 Speaker 3: much better there are as a technology. And one evening 64 00:04:04,400 --> 00:04:07,960 Speaker 3: in a pub in London many years ago, we had 65 00:04:07,960 --> 00:04:10,400 Speaker 3: this crazy idea of starting the first ev racing series 66 00:04:10,440 --> 00:04:13,200 Speaker 3: and that was what year, So that was two thousand 67 00:04:13,200 --> 00:04:15,760 Speaker 3: and nine was when we had this project of launching 68 00:04:15,760 --> 00:04:19,440 Speaker 3: evy Cup, which was the kind of the baby project 69 00:04:19,480 --> 00:04:23,480 Speaker 3: before formerly and ultimately formally started in twenty thirteen when 70 00:04:23,520 --> 00:04:24,360 Speaker 3: we started the company. 71 00:04:24,720 --> 00:04:27,680 Speaker 1: And so the evy Cup itself, can you talk through 72 00:04:27,920 --> 00:04:30,880 Speaker 1: what it is that you wanted electric vehicle racing to 73 00:04:30,920 --> 00:04:35,080 Speaker 1: be that would be different from what is currently all 74 00:04:35,120 --> 00:04:38,360 Speaker 1: forms of racing from Formula one to Lamont to like 75 00:04:38,680 --> 00:04:42,320 Speaker 1: other types of endurance racing. What do you want electric 76 00:04:42,360 --> 00:04:43,480 Speaker 1: car racing to look like? 77 00:04:43,839 --> 00:04:46,480 Speaker 3: The original idea was pretty simple was to say, look, 78 00:04:46,520 --> 00:04:49,279 Speaker 3: we could see that there was this tsunami of electric 79 00:04:49,320 --> 00:04:51,600 Speaker 3: car that was going to come to market. Remember in 80 00:04:51,640 --> 00:04:54,400 Speaker 3: two and nine and ten, there were very few electric 81 00:04:54,400 --> 00:04:56,479 Speaker 3: cars on the road. The Nissan Leaf that was coming, 82 00:04:56,520 --> 00:04:59,400 Speaker 3: that was the first one. That was before the Tesla Modales, 83 00:04:59,440 --> 00:05:02,159 Speaker 3: you know, and the beginning. But doing all this projects 84 00:05:02,160 --> 00:05:04,720 Speaker 3: with CAM manufacturers, I knew that it was all coming 85 00:05:04,800 --> 00:05:07,000 Speaker 3: and I could see the amount of R and D 86 00:05:07,080 --> 00:05:09,760 Speaker 3: being spent and it was clearly happening. So really the 87 00:05:09,800 --> 00:05:11,880 Speaker 3: original adia was very simple was to say, look, we 88 00:05:11,920 --> 00:05:15,400 Speaker 3: have dozens and dozens of championships on IC engine, there 89 00:05:15,480 --> 00:05:17,400 Speaker 3: was for sure going to be a need and a 90 00:05:17,480 --> 00:05:22,280 Speaker 3: desire for at least one championship developing EAVY technology, and 91 00:05:22,320 --> 00:05:25,680 Speaker 3: so for me it was not a matter of whether 92 00:05:25,680 --> 00:05:28,080 Speaker 3: it's going to happen or it was a question of when. Really, 93 00:05:28,440 --> 00:05:30,160 Speaker 3: so for me, it was really fun to create my 94 00:05:30,360 --> 00:05:32,640 Speaker 3: startup and then start working on IVY Racing because it 95 00:05:32,720 --> 00:05:35,360 Speaker 3: was the very first project. So we had so much 96 00:05:35,480 --> 00:05:38,400 Speaker 3: pr and coverage in all the magazines you can think 97 00:05:38,440 --> 00:05:40,680 Speaker 3: of basis of that simple idea because it was just 98 00:05:40,720 --> 00:05:43,880 Speaker 3: so exciting to everybody. And then long story short, as 99 00:05:43,880 --> 00:05:45,800 Speaker 3: we started to get everything ready in the cars and 100 00:05:45,839 --> 00:05:49,320 Speaker 3: so on, then the FIA came up with the tender 101 00:05:49,480 --> 00:05:52,120 Speaker 3: or the call for expression of interest to run to 102 00:05:52,200 --> 00:05:54,680 Speaker 3: run form an AE, which was the same thing on 103 00:05:54,720 --> 00:05:57,720 Speaker 3: the biggest scale. Interestingly, not many people know the EU 104 00:05:57,760 --> 00:06:00,000 Speaker 3: Commission at the time was setting the very kind of 105 00:06:00,040 --> 00:06:04,159 Speaker 3: the very first automotive targets in terms of Louis missions 106 00:06:04,160 --> 00:06:07,520 Speaker 3: and entry cars, and I believe the European Commission made 107 00:06:07,520 --> 00:06:10,560 Speaker 3: a call to the FIA to say, to all your championships, 108 00:06:10,640 --> 00:06:13,839 Speaker 3: you ought to have one that's promoting electric cars. And anyway. 109 00:06:13,920 --> 00:06:16,400 Speaker 3: As always in life, it's all about timing. And then 110 00:06:16,680 --> 00:06:19,599 Speaker 3: twenty twelve was when the project kind of started on 111 00:06:19,640 --> 00:06:22,080 Speaker 3: paper and then the rear later twenty thirteen we entered 112 00:06:22,080 --> 00:06:22,599 Speaker 3: the team. 113 00:06:22,640 --> 00:06:26,080 Speaker 1: So Formulae has been now going on for eleven years. 114 00:06:26,279 --> 00:06:30,120 Speaker 1: That have been eleven seasons. The most recent season just concluded. 115 00:06:30,720 --> 00:06:33,800 Speaker 1: Things have changed in that time, both for electric cars 116 00:06:33,839 --> 00:06:37,440 Speaker 1: and for Formula E itself. In the initial race you 117 00:06:37,520 --> 00:06:40,880 Speaker 1: actually had two cars for the same driver and you 118 00:06:40,960 --> 00:06:44,880 Speaker 1: had to come and swap midway because the batteries wouldn't last. 119 00:06:45,160 --> 00:06:47,760 Speaker 1: Now that's changed because there's a single car. Can you 120 00:06:47,800 --> 00:06:51,040 Speaker 1: just talk through the evolution of what the race looked 121 00:06:51,080 --> 00:06:54,120 Speaker 1: like when it started and how has it evolved to now? 122 00:06:54,560 --> 00:06:57,040 Speaker 3: Yes, it is one of the of the funny stories 123 00:06:57,040 --> 00:07:00,320 Speaker 3: looking back, really because when we started to summariz before 124 00:07:00,360 --> 00:07:02,480 Speaker 3: getting to the details, you have to remember what the 125 00:07:02,520 --> 00:07:04,800 Speaker 3: objectives of formally are and the main two pillars are 126 00:07:04,839 --> 00:07:09,000 Speaker 3: really simple. The first pillar formerly is purpose and goal 127 00:07:09,040 --> 00:07:13,000 Speaker 3: in life is to be a technology innovation play. Really 128 00:07:13,040 --> 00:07:17,160 Speaker 3: it's about putting a problem which is mostly battery energy 129 00:07:17,160 --> 00:07:21,480 Speaker 3: density and partial and efficiency, and through racing to putting 130 00:07:21,480 --> 00:07:25,000 Speaker 3: the best engineering engineering minds improve or accelerate the rate 131 00:07:25,000 --> 00:07:28,760 Speaker 3: of innovation that will have normally happened in kind of 132 00:07:28,760 --> 00:07:31,400 Speaker 3: the normal world. The second pillar, of course is the 133 00:07:32,520 --> 00:07:36,280 Speaker 3: media platform, the broadcast, the promotion. Sport is very effective 134 00:07:36,800 --> 00:07:39,120 Speaker 3: to connect with people and a large number of people. 135 00:07:39,320 --> 00:07:43,440 Speaker 3: So if you can put together really exciting technology, innovation 136 00:07:43,720 --> 00:07:47,800 Speaker 3: and an exciting sport, you have something very powerful. So 137 00:07:47,800 --> 00:07:51,160 Speaker 3: to your point, when we started in twenty thirteen and 138 00:07:51,280 --> 00:07:55,239 Speaker 3: twenty first race in twenty fourteen and still the case today, 139 00:07:55,560 --> 00:07:57,760 Speaker 3: we are not we are limited by technology. We are 140 00:07:57,760 --> 00:08:01,200 Speaker 3: creating the best possible technology, whether it's battery, motors, inverters, 141 00:08:01,240 --> 00:08:03,920 Speaker 3: all these things are creating simply because we were limited 142 00:08:03,960 --> 00:08:06,040 Speaker 3: by the art of the possible. We are developing every 143 00:08:06,040 --> 00:08:09,040 Speaker 3: two years high voltage systems and software and so on 144 00:08:09,040 --> 00:08:11,880 Speaker 3: that didn't exist before. So in twenty fourteen and fifteen 145 00:08:11,880 --> 00:08:16,000 Speaker 3: at the eginning, the best technology available would only allow 146 00:08:16,080 --> 00:08:18,640 Speaker 3: us to run for twenty minutes with one car, so 147 00:08:18,680 --> 00:08:20,840 Speaker 3: to do a fourty minute trace, it was a very 148 00:08:20,840 --> 00:08:23,400 Speaker 3: peculiar situation where we had two drivers in the team, 149 00:08:23,760 --> 00:08:26,480 Speaker 3: but we needed two cars per driver, and each driver 150 00:08:26,560 --> 00:08:29,560 Speaker 3: would go on in car A do have the race 151 00:08:29,640 --> 00:08:32,480 Speaker 3: come back in the garage jump out literally out of 152 00:08:32,520 --> 00:08:34,480 Speaker 3: the first car, jump in a second car and go again. 153 00:08:34,760 --> 00:08:37,800 Speaker 3: And many all the media journalists at the time were 154 00:08:37,880 --> 00:08:41,000 Speaker 3: telling me, Silvan, what are you doing? If anything, you're 155 00:08:41,040 --> 00:08:43,720 Speaker 3: highlighting the problems of electric cars, like what are you doing? 156 00:08:44,240 --> 00:08:47,520 Speaker 3: And the answer was always the same. The answer was, look, 157 00:08:47,840 --> 00:08:49,800 Speaker 3: do not judge us on where we are today. This 158 00:08:49,920 --> 00:08:51,840 Speaker 3: is the starting point. We want to be judged on 159 00:08:51,880 --> 00:08:55,040 Speaker 3: how quickly we are improving that technology. So youway, long 160 00:08:55,080 --> 00:08:57,920 Speaker 3: story short. Four years later we managed to do the 161 00:08:57,960 --> 00:09:00,720 Speaker 3: same race distance at a higher power with only one car, 162 00:09:01,200 --> 00:09:03,760 Speaker 3: so clearly a massive jump in energy storage, energy DNT 163 00:09:03,760 --> 00:09:07,439 Speaker 3: city and efficiency. And then two Gene three. Four years 164 00:09:07,480 --> 00:09:10,400 Speaker 3: after that, we manage to again increase the power from 165 00:09:10,440 --> 00:09:13,040 Speaker 3: two hundred kilod to three hundred and fifty KILOWA, so 166 00:09:13,120 --> 00:09:15,839 Speaker 3: massive jump in power, again reducing the weight of the car, 167 00:09:15,920 --> 00:09:19,320 Speaker 3: increasing the efficiency, so really improving every single metric which 168 00:09:19,360 --> 00:09:23,199 Speaker 3: resulted in a much faster car. And today, without going 169 00:09:23,240 --> 00:09:25,679 Speaker 3: through all the evolutions, we are nine the Gen three evils, 170 00:09:25,679 --> 00:09:28,720 Speaker 3: so the second fives of Gen three, and we have 171 00:09:28,800 --> 00:09:31,640 Speaker 3: a car that can accelerate from zero to sixty an 172 00:09:31,679 --> 00:09:35,439 Speaker 3: hour in one point a second and has amazing performance characteristics. 173 00:09:35,600 --> 00:09:37,680 Speaker 3: If you look back on tell people to go on 174 00:09:37,760 --> 00:09:40,040 Speaker 3: YouTube and look back at the races in season one 175 00:09:40,080 --> 00:09:43,600 Speaker 3: and compared to the car today, it's absolutely unbelievable the 176 00:09:43,720 --> 00:09:46,880 Speaker 3: performance improvement in ten years. And the whole point is 177 00:09:47,200 --> 00:09:51,320 Speaker 3: racing gives a visual representation of the improvement of the 178 00:09:51,360 --> 00:09:54,280 Speaker 3: technology and hopefully people now watch for me day and 179 00:09:54,559 --> 00:09:57,080 Speaker 3: are just really amazed by how by how fast and 180 00:09:57,080 --> 00:09:57,880 Speaker 3: exciting this car is. 181 00:09:58,120 --> 00:10:01,840 Speaker 1: So the acceleration itself is now faster than a Formula 182 00:10:01,880 --> 00:10:04,480 Speaker 1: One car, but the top speed still is a little 183 00:10:04,520 --> 00:10:06,600 Speaker 1: bit lower. So a Formula E car can go up 184 00:10:06,600 --> 00:10:08,560 Speaker 1: to two hundred miles per hour, whereas a Formula one 185 00:10:08,640 --> 00:10:11,160 Speaker 1: car can go up to two thirty or so. Now, 186 00:10:11,240 --> 00:10:13,800 Speaker 1: one way of thinking about more to sport is that 187 00:10:14,200 --> 00:10:16,960 Speaker 1: people just want to see fast cars, and of course 188 00:10:17,000 --> 00:10:19,440 Speaker 1: Formula one has a bigger base. And you know, I've 189 00:10:19,440 --> 00:10:22,960 Speaker 1: never been to a Formula One race ever, but people 190 00:10:23,000 --> 00:10:26,040 Speaker 1: tell me like it's a visceral experience because you're hearing 191 00:10:26,080 --> 00:10:28,839 Speaker 1: these engines that are very loud and you can feel 192 00:10:28,880 --> 00:10:32,560 Speaker 1: it as the cars drive past. Watching the Formula erace 193 00:10:32,600 --> 00:10:36,280 Speaker 1: in London, I thought that was loud, given electric cars 194 00:10:36,320 --> 00:10:40,160 Speaker 1: are typically much quieter than the Formula E electric cars, 195 00:10:40,840 --> 00:10:43,840 Speaker 1: but I've been assured that was not loud. The fact 196 00:10:43,840 --> 00:10:47,480 Speaker 1: that I could sit there without wearing ear plugs was indoors, 197 00:10:47,600 --> 00:10:50,600 Speaker 1: especially because the London track is indoors. But if it's 198 00:10:50,640 --> 00:10:54,960 Speaker 1: about people who just want to see fast cars, why 199 00:10:55,000 --> 00:10:57,719 Speaker 1: would people want to watch Formula E versus Formula One 200 00:10:57,800 --> 00:10:59,600 Speaker 1: where the fastest cars are today. 201 00:11:00,000 --> 00:11:02,600 Speaker 3: It's evolution, It takes time. Formula One has been around 202 00:11:02,640 --> 00:11:06,880 Speaker 3: for seventy years, has the most incredible heritage and legacy 203 00:11:06,920 --> 00:11:09,800 Speaker 3: and glamor around it, completely well deserved because it's been 204 00:11:09,800 --> 00:11:12,680 Speaker 3: an amazing spot for so many years. Family in a 205 00:11:12,679 --> 00:11:14,480 Speaker 3: way we are still a startup, right we are only 206 00:11:14,520 --> 00:11:19,079 Speaker 3: eleven years old. But what I really like and what 207 00:11:19,160 --> 00:11:20,840 Speaker 3: the affair has done a good job, is to really 208 00:11:20,920 --> 00:11:23,640 Speaker 3: position the two championships in a really different way. We 209 00:11:23,720 --> 00:11:26,319 Speaker 3: are not competing. If anything, this cross pollination between the 210 00:11:26,360 --> 00:11:29,959 Speaker 3: two championships. So people are watching Family and pretty much 211 00:11:29,960 --> 00:11:32,520 Speaker 3: all the Family races are sold out and the growth 212 00:11:32,559 --> 00:11:35,000 Speaker 3: is pretty much turnips and on the air again since COVID, 213 00:11:35,480 --> 00:11:37,679 Speaker 3: So there's a strong appetite because people are realizing it's 214 00:11:37,679 --> 00:11:40,320 Speaker 3: something new and different. It's not one or the other. 215 00:11:40,920 --> 00:11:42,800 Speaker 3: It is just very different. You can come to a 216 00:11:42,840 --> 00:11:45,320 Speaker 3: family race and bring your young kids and your family 217 00:11:45,440 --> 00:11:50,160 Speaker 3: and it's in general terms more approachable and more family friendly, 218 00:11:50,200 --> 00:11:53,280 Speaker 3: and that's a great thing. But Formula one is also 219 00:11:53,280 --> 00:11:56,319 Speaker 3: a fantastic experience that you know that is different. But 220 00:11:56,360 --> 00:11:58,520 Speaker 3: it's funny you said that about the noise, because again 221 00:11:58,559 --> 00:12:00,840 Speaker 3: I heard that a lot when people say, oh, racing, 222 00:12:00,840 --> 00:12:02,600 Speaker 3: it's going to be very boring because there's no noise. 223 00:12:03,160 --> 00:12:05,440 Speaker 3: But first you realize when the twenty two cars arrive 224 00:12:05,480 --> 00:12:07,720 Speaker 3: at speeds. You have to remember, at speeds over one 225 00:12:07,800 --> 00:12:09,920 Speaker 3: hundred and miles an hour, most of the noise you 226 00:12:09,960 --> 00:12:13,000 Speaker 3: hear is aero noise anyway, which we have exactly the same. 227 00:12:13,960 --> 00:12:16,800 Speaker 3: So you hear the formerly pack arriving before you can 228 00:12:16,800 --> 00:12:18,880 Speaker 3: see it, which people didn't realize with the Etre cars. 229 00:12:18,880 --> 00:12:20,560 Speaker 3: But it's still okay, so you still get that emotion 230 00:12:22,320 --> 00:12:24,600 Speaker 3: and ultimately it's just a different experience. And you know, 231 00:12:24,600 --> 00:12:26,640 Speaker 3: we have the jenifour car coming end of next year, 232 00:12:26,880 --> 00:12:30,840 Speaker 3: which are developing, and that car will have absolutely unbelievable performance. 233 00:12:30,840 --> 00:12:33,640 Speaker 3: Getting very close to Formula one and seeing a cargoing 234 00:12:33,720 --> 00:12:37,359 Speaker 3: that fast at more than three hundred kph making relatively 235 00:12:37,440 --> 00:12:41,840 Speaker 3: low noise will be something unbelievable to watch. So it's 236 00:12:41,920 --> 00:12:44,920 Speaker 3: just different, and I think I think the two compliment 237 00:12:45,000 --> 00:12:45,319 Speaker 3: each other. 238 00:12:45,440 --> 00:12:48,440 Speaker 1: Let's look at the technology pillar of the two pillars. 239 00:12:48,480 --> 00:12:51,559 Speaker 1: In Formula E we talked about how people might perceive 240 00:12:51,679 --> 00:12:54,160 Speaker 1: and how the growth of the sport might happen as 241 00:12:54,160 --> 00:12:57,120 Speaker 1: a result. But the technology is what drives you. You're 242 00:12:57,160 --> 00:13:00,400 Speaker 1: the chief technology officer for Envision Racing and what is 243 00:13:00,440 --> 00:13:05,240 Speaker 1: the relationship between a racing team and the manufacturer Because 244 00:13:05,520 --> 00:13:08,439 Speaker 1: you know your current car is made by Jaguar. A 245 00:13:08,520 --> 00:13:11,880 Speaker 1: few years ago it was made by Audi. How does 246 00:13:11,920 --> 00:13:14,400 Speaker 1: that work and what kind of innovation does that result in? 247 00:13:14,600 --> 00:13:17,000 Speaker 3: Again, family in that sense is not different to pretty 248 00:13:17,040 --> 00:13:19,200 Speaker 3: much all the other series, including f ON. You typically 249 00:13:19,240 --> 00:13:24,840 Speaker 3: have teams competitors, and what is really good in families 250 00:13:24,840 --> 00:13:28,440 Speaker 3: that have a rige variety of teams. You have teams 251 00:13:28,440 --> 00:13:32,040 Speaker 3: that are full factory teams, so owned by the car manufacturer, 252 00:13:32,960 --> 00:13:36,120 Speaker 3: which makes competence and is absolutely needed because these manufacturers 253 00:13:36,120 --> 00:13:39,319 Speaker 3: develop part of the hardware of the car and ultimately 254 00:13:39,360 --> 00:13:41,960 Speaker 3: do a lot of the promotion around road cars, right, 255 00:13:42,160 --> 00:13:44,800 Speaker 3: So it's really it's a really important factor. Then you 256 00:13:44,840 --> 00:13:48,439 Speaker 3: tend to have another category, which is racing teams that 257 00:13:48,800 --> 00:13:51,720 Speaker 3: go racing as their core business, so kind of racing 258 00:13:51,720 --> 00:13:54,959 Speaker 3: empires that race in different series, categories and so on, 259 00:13:55,400 --> 00:13:58,240 Speaker 3: and formily is part of their portfolio. And then you 260 00:13:58,280 --> 00:14:01,880 Speaker 3: have a third category, which we happen to be the 261 00:14:01,880 --> 00:14:05,360 Speaker 3: only one in which is you know, we're racing team 262 00:14:05,400 --> 00:14:09,280 Speaker 3: that was completely built and it's completely dedicated to formally 263 00:14:09,480 --> 00:14:14,079 Speaker 3: because we we are overall a green tech company at Envision, 264 00:14:14,440 --> 00:14:18,640 Speaker 3: we only work on minable energy solutions and therefore only 265 00:14:18,679 --> 00:14:21,479 Speaker 3: really formally makes sense for us as a as a motorsport, 266 00:14:21,760 --> 00:14:23,840 Speaker 3: and it's part of the of the ecosystem. You have 267 00:14:24,080 --> 00:14:26,320 Speaker 3: teams and competitors which are needed. This is the core 268 00:14:26,360 --> 00:14:29,120 Speaker 3: layer of the championship. And then you have manufacturers who 269 00:14:29,160 --> 00:14:32,320 Speaker 3: developed the hardware part of it, which is the really interesting, 270 00:14:32,680 --> 00:14:35,480 Speaker 3: interesting part of the hardware innovation, and then the teams. 271 00:14:35,480 --> 00:14:37,800 Speaker 3: Of course, once you have that, there is still a 272 00:14:37,880 --> 00:14:39,360 Speaker 3: huge amount of work that is done by the teams, 273 00:14:39,360 --> 00:14:42,480 Speaker 3: which is the strategy, the software, the energy management, or 274 00:14:42,600 --> 00:14:45,000 Speaker 3: all the operational aspects of running a race team. 275 00:14:45,120 --> 00:14:48,960 Speaker 1: And so are there technologies that have resulted from either 276 00:14:49,040 --> 00:14:52,080 Speaker 1: your work or other teams work that now exist in 277 00:14:52,160 --> 00:14:53,160 Speaker 1: commercial cars? 278 00:14:53,520 --> 00:14:55,960 Speaker 3: Yeah? Absolutely, and that's the that's the bid that gets 279 00:14:55,960 --> 00:14:57,840 Speaker 3: really interesting. So to stop me if it's a bit 280 00:14:57,960 --> 00:15:00,760 Speaker 3: too geeky, but it gets it gets really interesting if 281 00:15:00,800 --> 00:15:03,400 Speaker 3: you put it in perspective. Right, So why do we 282 00:15:04,280 --> 00:15:07,640 Speaker 3: believe that IV mobility is the way for that's the 283 00:15:07,680 --> 00:15:10,760 Speaker 3: starting point. The reason the very simple its efficiency. There's 284 00:15:10,800 --> 00:15:15,160 Speaker 3: no other technology today that comes nowhere near in terms 285 00:15:15,200 --> 00:15:18,520 Speaker 3: of efficiency. And efficiency matters because it's all about the 286 00:15:18,640 --> 00:15:21,280 Speaker 3: energy you spend per mile travel. So to put some 287 00:15:21,360 --> 00:15:24,280 Speaker 3: numbers and put that into context, if you drive today 288 00:15:24,320 --> 00:15:27,600 Speaker 3: an IC engine petrol, diesel or whatever counter road, typically 289 00:15:28,320 --> 00:15:30,560 Speaker 3: that engine will be around twenty five percent efficient, but 290 00:15:30,600 --> 00:15:32,160 Speaker 3: that's actually when the engine is warm and you're on 291 00:15:32,160 --> 00:15:34,760 Speaker 3: the motorway. If you do a short score run in 292 00:15:34,840 --> 00:15:36,520 Speaker 3: winter when the engine is called, it can be less 293 00:15:36,560 --> 00:15:38,600 Speaker 3: than that. So it's really pretty horrible if you think 294 00:15:38,600 --> 00:15:40,160 Speaker 3: about it. You put ten years of full in your 295 00:15:40,160 --> 00:15:42,520 Speaker 3: car and maybe you want to actually makes it to 296 00:15:42,560 --> 00:15:45,160 Speaker 3: the wheel. The rest is wasted in friction and heat. 297 00:15:45,880 --> 00:15:48,840 Speaker 3: That doesn't make us feel very good. The reason why 298 00:15:49,840 --> 00:15:52,880 Speaker 3: IC engine cars have such good range despite being despite 299 00:15:52,920 --> 00:15:56,200 Speaker 3: having such a poor efficiency is because fossil fuel is 300 00:15:56,200 --> 00:15:58,520 Speaker 3: the most amazing thing there is so much energy stored 301 00:15:58,560 --> 00:16:00,480 Speaker 3: in alitter of fossil fuel, and it's why we are 302 00:16:00,480 --> 00:16:03,240 Speaker 3: so addicted to it. A good electric road car, it's 303 00:16:03,440 --> 00:16:05,760 Speaker 3: varying a lot and easycouser, but let's say eighty eighty 304 00:16:05,760 --> 00:16:08,160 Speaker 3: five percent, it's a pretty good position and it will 305 00:16:08,200 --> 00:16:10,160 Speaker 3: it will improve if you put ten kire what our 306 00:16:10,200 --> 00:16:12,560 Speaker 3: of energy in that battery, eighty eighty five percent of 307 00:16:12,600 --> 00:16:14,840 Speaker 3: that goes to the wheel a lot better. Very efficient 308 00:16:15,560 --> 00:16:20,200 Speaker 3: our racing cars, and I'm not making an unfair racing 309 00:16:20,240 --> 00:16:23,080 Speaker 3: to road analogy. It is genuinely comparing apples and apples. 310 00:16:23,280 --> 00:16:26,040 Speaker 3: If you compare deficiency from the output of the battery 311 00:16:26,080 --> 00:16:29,680 Speaker 3: all the way to the wheel, so battery inverter motor gearbox, 312 00:16:29,720 --> 00:16:33,560 Speaker 3: deef drive draft wheel, our efficiency is ninety six percent 313 00:16:34,040 --> 00:16:36,640 Speaker 3: and that is pretty mind blowing, right, So like from 314 00:16:36,640 --> 00:16:39,880 Speaker 3: storing the energy to the wheel, we're only wasting a 315 00:16:39,920 --> 00:16:43,320 Speaker 3: few percent of energy. And that's what makes electric mobility 316 00:16:43,320 --> 00:16:45,760 Speaker 3: a no brainer because then if you take an extreme scenario, 317 00:16:45,760 --> 00:16:47,840 Speaker 3: if you took a country, I don't make it up Germany, 318 00:16:48,080 --> 00:16:53,200 Speaker 3: if overnight all the cars in Germany were electric, the 319 00:16:53,240 --> 00:16:56,680 Speaker 3: country as a whole would need three to four times 320 00:16:56,760 --> 00:17:01,480 Speaker 3: less energy for road transport, which is the complete game changer. Yeah, 321 00:17:01,480 --> 00:17:03,600 Speaker 3: and if you need three or four times that energy overall, 322 00:17:03,760 --> 00:17:06,320 Speaker 3: then it's a lot easier to get that energy from 323 00:17:06,320 --> 00:17:08,760 Speaker 3: maneable sources. Yeah, because you need four times as Yeah. 324 00:17:08,800 --> 00:17:10,680 Speaker 1: I mean, it was pretty interesting to see how much 325 00:17:10,680 --> 00:17:14,640 Speaker 1: of the car's race is run on energy that is 326 00:17:15,160 --> 00:17:19,720 Speaker 1: recovered from regenerator breaking through throughout the race. So forty 327 00:17:19,720 --> 00:17:22,240 Speaker 1: to forty five percent, right, which is crazy, Like almost 328 00:17:22,280 --> 00:17:25,080 Speaker 1: half the race is run by basically the energy gain 329 00:17:25,200 --> 00:17:29,159 Speaker 1: back from breaking. What of those technologies have ended up 330 00:17:29,160 --> 00:17:30,199 Speaker 1: in a commercial vehicle? 331 00:17:30,320 --> 00:17:32,560 Speaker 3: Yeah, so so I get to that so so so 332 00:17:32,760 --> 00:17:35,400 Speaker 3: exactly to your points, the two together super high efficiency 333 00:17:35,400 --> 00:17:38,680 Speaker 3: of the power train and the fact that we typically 334 00:17:38,800 --> 00:17:42,160 Speaker 3: use around forty just on the forty kilo hower in 335 00:17:42,200 --> 00:17:43,600 Speaker 3: the pack when we start the race, so. 336 00:17:43,520 --> 00:17:46,760 Speaker 1: We can So that's about like a mid size electric 337 00:17:46,800 --> 00:17:50,280 Speaker 1: car on the road today, actually half size for like 338 00:17:50,359 --> 00:17:52,720 Speaker 1: a teslaticular battery. 339 00:17:52,920 --> 00:17:55,040 Speaker 3: Putting in perspective for people to understand in terms of 340 00:17:55,200 --> 00:17:58,560 Speaker 3: energy stores, it is the equivalent of about forty two 341 00:17:58,600 --> 00:18:01,280 Speaker 3: of fuel. That's the same amount of energy. So you 342 00:18:01,320 --> 00:18:03,439 Speaker 3: can do race at these speeds for close to an 343 00:18:03,440 --> 00:18:06,560 Speaker 3: hour on forty too of fuel. That's another way to 344 00:18:06,560 --> 00:18:07,440 Speaker 3: show that efficiency. 345 00:18:07,520 --> 00:18:07,680 Speaker 1: Right. 346 00:18:08,400 --> 00:18:11,320 Speaker 3: So this is why it's so important in terms of 347 00:18:11,359 --> 00:18:13,960 Speaker 3: trickle down to road car. It's really easy. Informally, there 348 00:18:14,040 --> 00:18:16,800 Speaker 3: is no misalignment between the technical ordmap of formily and 349 00:18:16,880 --> 00:18:19,440 Speaker 3: what is needed for road cars. Historically, in a lot 350 00:18:19,480 --> 00:18:23,239 Speaker 3: of case in racing, any technology that makes a race 351 00:18:23,320 --> 00:18:25,840 Speaker 3: car go faster, you typically won't the opposite for a 352 00:18:25,920 --> 00:18:30,280 Speaker 3: road car. Informally, focusing entirely on the efficiency of these 353 00:18:30,280 --> 00:18:33,160 Speaker 3: power trains, which is the only thing to work on really, 354 00:18:33,240 --> 00:18:36,760 Speaker 3: as well as the energinety the batteries. If you can 355 00:18:36,800 --> 00:18:39,040 Speaker 3: gain you know the eighties five to ninety six percent 356 00:18:39,080 --> 00:18:42,080 Speaker 3: that talked about this ten to fifteen percent of efficiency gain, 357 00:18:42,640 --> 00:18:44,879 Speaker 3: they will directly translate to road cars. And what that 358 00:18:44,960 --> 00:18:48,040 Speaker 3: means is you can look at it two ways. Either 359 00:18:48,119 --> 00:18:50,200 Speaker 3: for the same size of battery cars will have fifty 360 00:18:50,240 --> 00:18:52,800 Speaker 3: percent more range or better still, which is the way 361 00:18:52,800 --> 00:18:55,680 Speaker 3: it's going. We are now pretty you know, instruation where 362 00:18:55,680 --> 00:18:57,920 Speaker 3: three hundred, three hundred and fifty mile range is pretty 363 00:18:57,960 --> 00:19:00,119 Speaker 3: much accepted. As you know, we don't really need that 364 00:19:00,240 --> 00:19:02,560 Speaker 3: much more. But if you can have a car that 365 00:19:02,680 --> 00:19:04,800 Speaker 3: is fifteen percent more efficient, we can now reduce the 366 00:19:04,840 --> 00:19:07,159 Speaker 3: size of the beach by fifteen percent, which makes the 367 00:19:07,240 --> 00:19:10,440 Speaker 3: car lighter. They'refore even more efficient, so you get into 368 00:19:10,480 --> 00:19:13,080 Speaker 3: this virtual cycle and more for the bull as well. 369 00:19:19,400 --> 00:19:22,480 Speaker 1: After the break, I asked Silva Philippi whether Formula E 370 00:19:22,760 --> 00:19:25,560 Speaker 1: can ever hope to challenge Formula one's crown as the 371 00:19:25,600 --> 00:19:29,480 Speaker 1: world's top racing sport. And hey, if you're enjoying this episode, 372 00:19:29,680 --> 00:19:34,000 Speaker 1: please give Zero a review on Apple Podcasts and Spotify. Recently, 373 00:19:34,080 --> 00:19:37,119 Speaker 1: Natasha Aras wrote that Zero is a great podcast on 374 00:19:37,160 --> 00:19:41,280 Speaker 1: the challenges of our time and the need for planetary measures. 375 00:19:40,880 --> 00:19:41,439 Speaker 3: To be taken. 376 00:19:42,000 --> 00:19:54,920 Speaker 1: Thank you, Natasha. So about ten laps into your first 377 00:19:54,960 --> 00:19:57,520 Speaker 1: ever race, and we start right by the main stream, 378 00:19:57,600 --> 00:20:00,520 Speaker 1: half fast to the cars and here the car you 379 00:20:00,560 --> 00:20:03,120 Speaker 1: can hear them, they're going fast. 380 00:20:03,800 --> 00:20:05,920 Speaker 3: Smell, it's all just tires. 381 00:20:06,040 --> 00:20:09,920 Speaker 1: It's all the tires burning. And the slope is also 382 00:20:10,000 --> 00:20:13,200 Speaker 1: all the tires were. On this show, we've talked about 383 00:20:13,240 --> 00:20:17,160 Speaker 1: electric cars a bunch of times. We have numbers from Tesla, 384 00:20:17,200 --> 00:20:20,600 Speaker 1: for example, where the motor efficiency not that the entire 385 00:20:20,640 --> 00:20:23,879 Speaker 1: powering motor efficiency itself has improved ten percent over the 386 00:20:23,880 --> 00:20:26,679 Speaker 1: past fifteen years, you know, which you can't say of 387 00:20:26,800 --> 00:20:29,320 Speaker 1: like an internal combustion engine, which you are getting very 388 00:20:29,359 --> 00:20:34,000 Speaker 1: small percentage improvements every year. But you know that's Tesla. 389 00:20:34,320 --> 00:20:34,520 Speaker 3: Yeah. 390 00:20:34,960 --> 00:20:38,640 Speaker 1: The other giant and electric cars is Bid. Neither Tesla 391 00:20:38,720 --> 00:20:43,000 Speaker 1: nor Bid participate in Formula E. So first why is that? 392 00:20:43,160 --> 00:20:47,400 Speaker 1: And then second what of the Formula E innovation has 393 00:20:47,560 --> 00:20:51,399 Speaker 1: ended up in commercial cars because if Tesla and Bid 394 00:20:51,520 --> 00:20:55,800 Speaker 1: are driving that innovation without being involved in the Formula ecosystem. 395 00:20:55,880 --> 00:20:57,960 Speaker 3: Yeah, yeah, so I'll give you a clear examples. So 396 00:20:58,040 --> 00:21:01,520 Speaker 3: first why Tesla and notes votes. I don't know exactly. 397 00:21:01,560 --> 00:21:03,320 Speaker 3: I know we were speaking to test at the very beginning. 398 00:21:03,760 --> 00:21:05,679 Speaker 3: The reality for TESTL at the time at the beginning 399 00:21:05,760 --> 00:21:07,879 Speaker 3: was simply that they were too busy doing what they 400 00:21:07,880 --> 00:21:11,440 Speaker 3: were doing. Their challenge at the time was manufacturing ramp 401 00:21:11,480 --> 00:21:14,240 Speaker 3: up and scalability, and frankly that was completely fair and 402 00:21:14,240 --> 00:21:16,719 Speaker 3: that's what that's what they needed. Bbody. I don't know, 403 00:21:16,760 --> 00:21:18,879 Speaker 3: but I know many ams are still looking at formily, 404 00:21:19,040 --> 00:21:22,200 Speaker 3: so you never know in the future in terms of innovation. 405 00:21:22,400 --> 00:21:24,960 Speaker 3: So basically you have to break down why how do 406 00:21:25,000 --> 00:21:28,359 Speaker 3: we achieve that efficiency? The first one is really high vaulted, 407 00:21:29,400 --> 00:21:31,919 Speaker 3: so again without getting to technical power, which is what 408 00:21:32,000 --> 00:21:34,440 Speaker 3: mus your car is a function of voltage times current 409 00:21:34,520 --> 00:21:38,400 Speaker 3: times app so if you have if you double the voltage, 410 00:21:38,440 --> 00:21:40,680 Speaker 3: you need half the current to achieve the same power, 411 00:21:41,080 --> 00:21:43,840 Speaker 3: and the losses are typically not in the voltage being 412 00:21:43,880 --> 00:21:47,159 Speaker 3: the current. So we started formily. So typically all the 413 00:21:47,200 --> 00:21:49,879 Speaker 3: electric road cars up two years ago were based on 414 00:21:49,920 --> 00:21:52,040 Speaker 3: a free fifty four of the vault architecture, all of 415 00:21:52,040 --> 00:21:55,399 Speaker 3: them including TESTA. We started racing informally at seven hundred 416 00:21:55,520 --> 00:21:57,960 Speaker 3: vaults and we're not racing at nine hundred and fifty vaults. 417 00:21:58,160 --> 00:22:00,639 Speaker 3: What that means is, first we had to create an 418 00:22:00,720 --> 00:22:03,520 Speaker 3: entire supply chain of components you could not find on 419 00:22:03,600 --> 00:22:07,480 Speaker 3: the market an inverter, an electric motor, or any components 420 00:22:08,119 --> 00:22:11,040 Speaker 3: that could that was suited to formally that were very 421 00:22:11,119 --> 00:22:14,000 Speaker 3: high pert and city very light, very high voltage developing 422 00:22:13,960 --> 00:22:16,520 Speaker 3: thrond kor there was no application for it, it didn't exist. 423 00:22:16,760 --> 00:22:21,600 Speaker 3: So we developed collectively as an ecosystem inverters motors, highly specialists, 424 00:22:21,640 --> 00:22:26,520 Speaker 3: super high performance motors inverters at this high voltage, and 425 00:22:26,880 --> 00:22:30,040 Speaker 3: ultimately we validated over many years of racing that these 426 00:22:30,080 --> 00:22:33,359 Speaker 3: really hig voltage components are reliable, efficient, and we basically 427 00:22:33,440 --> 00:22:35,399 Speaker 3: prove the technology on track which is back to my 428 00:22:35,440 --> 00:22:37,679 Speaker 3: point from the beginning is what formily is all about. 429 00:22:38,119 --> 00:22:42,439 Speaker 3: So from that exercise, we basically indirectly because the industry 430 00:22:42,440 --> 00:22:44,480 Speaker 3: works together, created that new standard which is now eight 431 00:22:44,560 --> 00:22:48,440 Speaker 3: hundred votes. So the latest premium electric broadcasts are based 432 00:22:48,480 --> 00:22:51,080 Speaker 3: on an eight hundred vot architecture, and it's trickling down 433 00:22:51,119 --> 00:22:54,720 Speaker 3: to Highindaikeia, I believe, and many others. And this is 434 00:22:54,760 --> 00:22:59,200 Speaker 3: a big, big deal because you can see mid range 435 00:22:59,240 --> 00:23:03,160 Speaker 3: affordable elect today. We'll have a range approxying proximating three 436 00:23:03,200 --> 00:23:06,080 Speaker 3: hundred miles when it was one fifty not that long ago. 437 00:23:06,480 --> 00:23:08,640 Speaker 3: A lot of that is coming from our voltage and 438 00:23:09,000 --> 00:23:12,280 Speaker 3: overall power train efficiencies, which is exactly what we're doing. Informally. 439 00:23:12,880 --> 00:23:14,879 Speaker 3: In the ic engine days, we used to compare to 440 00:23:14,920 --> 00:23:19,520 Speaker 3: Formula one. The typical time was about ten fifteen years 441 00:23:19,680 --> 00:23:22,000 Speaker 3: from when an innovation was in Formula one to the 442 00:23:22,040 --> 00:23:24,640 Speaker 3: way it would come to road cars in our world. 443 00:23:24,640 --> 00:23:27,520 Speaker 3: In the electric hor world, can we see that being 444 00:23:27,520 --> 00:23:29,680 Speaker 3: reduced to two to five years. And in the second 445 00:23:29,720 --> 00:23:32,520 Speaker 3: part is software, that's the big difference in actric cars. 446 00:23:32,640 --> 00:23:37,359 Speaker 3: Software allows you to refine how you use the energy 447 00:23:37,359 --> 00:23:39,840 Speaker 3: within your power train, and you can't find gains. I 448 00:23:39,880 --> 00:23:42,639 Speaker 3: remember Jaguar a few years ago explained that in their 449 00:23:42,680 --> 00:23:45,520 Speaker 3: Eyepace at the time, they managed to increase the range 450 00:23:45,520 --> 00:23:49,360 Speaker 3: by about twenty five miles without changing a single hardware component. 451 00:23:49,640 --> 00:23:53,239 Speaker 3: They just learned about battery duty, cycle butt dongivity and 452 00:23:53,280 --> 00:23:55,440 Speaker 3: simply the relationship between the battery, the invert and the 453 00:23:55,480 --> 00:23:57,600 Speaker 3: motor and using that better. And that's what we do 454 00:23:57,640 --> 00:24:00,919 Speaker 3: informally every race. Every race we optimize departure that we have. 455 00:24:01,040 --> 00:24:02,960 Speaker 3: So you look at our car at the end of 456 00:24:02,960 --> 00:24:06,159 Speaker 3: the season, that car is faster than at the beginning 457 00:24:06,200 --> 00:24:08,040 Speaker 3: of the season, even though it's the exact same car. 458 00:24:08,160 --> 00:24:11,520 Speaker 3: But through software, we are refining how we use the energy. 459 00:24:11,520 --> 00:24:14,040 Speaker 3: And that is really only possible in the electory cow world. 460 00:24:14,080 --> 00:24:16,880 Speaker 1: I mean, I've been writing about electric car since twenty seventeen, 461 00:24:17,359 --> 00:24:20,600 Speaker 1: and every year me and my dad talk about when 462 00:24:20,720 --> 00:24:22,520 Speaker 1: is it a good time for him to buy an 463 00:24:22,520 --> 00:24:25,560 Speaker 1: electric car, and he has very clear limitations. He's like, 464 00:24:25,720 --> 00:24:27,600 Speaker 1: I'm only going to buy a car that I can 465 00:24:27,640 --> 00:24:30,520 Speaker 1: afford and it can do these these things. And finally 466 00:24:30,560 --> 00:24:34,680 Speaker 1: this year, actually like this month, he's bought an electric car. 467 00:24:35,680 --> 00:24:40,359 Speaker 1: It's a four hundred volt architecture, but it's affordable now, 468 00:24:40,760 --> 00:24:43,080 Speaker 1: and you know it has a three hundred and fifty 469 00:24:43,160 --> 00:24:46,359 Speaker 1: kilometers range, which is plenty for him to be able 470 00:24:46,400 --> 00:24:49,560 Speaker 1: to do his city things. So it certainly is the 471 00:24:49,600 --> 00:24:53,439 Speaker 1: case that, you know, all these innovations trickle down. But 472 00:24:53,640 --> 00:24:56,879 Speaker 1: if you go back to Formula E, do you think 473 00:24:57,080 --> 00:25:01,560 Speaker 1: one reason to create this race is that perhaps one day, 474 00:25:01,840 --> 00:25:06,960 Speaker 1: you know, people will find these gas guzzling ear splitting 475 00:25:07,040 --> 00:25:11,919 Speaker 1: engines kind of boring and that Formula you will be 476 00:25:12,000 --> 00:25:14,960 Speaker 1: ready to become the successor to Formula one. 477 00:25:15,160 --> 00:25:16,840 Speaker 3: Yeah, I don't know. I don't know if boring is 478 00:25:16,880 --> 00:25:20,040 Speaker 3: the world, But for sure, what I anticipate and what 479 00:25:20,080 --> 00:25:23,520 Speaker 3: we're planning for for sure is that family is going 480 00:25:23,560 --> 00:25:25,800 Speaker 3: at very rapid pace, right like two can numbers we 481 00:25:25,840 --> 00:25:28,880 Speaker 3: have today well last year four hundred and ninety million 482 00:25:28,960 --> 00:25:31,520 Speaker 3: community audience. It's an accepted way of measuring a sport. 483 00:25:31,560 --> 00:25:33,919 Speaker 3: You basically take the audiensity traced and you add them 484 00:25:33,960 --> 00:25:36,639 Speaker 3: up and the target is to get to eight hundred 485 00:25:36,680 --> 00:25:40,080 Speaker 3: million by twenty thirty and to have five hundred million fans. 486 00:25:40,240 --> 00:25:42,360 Speaker 3: So when we achieve these numbers formally will be by 487 00:25:42,440 --> 00:25:45,200 Speaker 3: far the second largest motor sport, just after I f 488 00:25:45,280 --> 00:25:49,600 Speaker 3: on reaching these numbers will basically mean that our impact 489 00:25:49,800 --> 00:25:53,639 Speaker 3: is pretty massive because you're showing this technology to a 490 00:25:53,680 --> 00:25:56,480 Speaker 3: huge amount of people. So ultimately to your point, to do, 491 00:25:56,560 --> 00:25:59,159 Speaker 3: what we're trying to do is accelerate mass adoption of 492 00:25:59,160 --> 00:26:01,600 Speaker 3: electric cars. But I've said for the last twelve years, 493 00:26:02,440 --> 00:26:05,000 Speaker 3: if we really want mass market adoption and a really 494 00:26:05,480 --> 00:26:08,840 Speaker 3: complete system change, we will never get there through subsidies 495 00:26:08,880 --> 00:26:10,760 Speaker 3: and incentives and so on. We just have to deliver 496 00:26:10,880 --> 00:26:13,399 Speaker 3: product that is better. And the only way we deliver 497 00:26:13,440 --> 00:26:16,439 Speaker 3: product that is better is through energy, city and efficiency. 498 00:26:16,680 --> 00:26:18,520 Speaker 3: And exactly to your point and the how many stories 499 00:26:18,560 --> 00:26:20,119 Speaker 3: like this get to a point where you know what, 500 00:26:20,400 --> 00:26:22,600 Speaker 3: I'm going to buy a car? And already today over 501 00:26:22,680 --> 00:26:25,119 Speaker 3: five years in most cases having an electric car is cheaper, 502 00:26:25,560 --> 00:26:27,280 Speaker 3: but very soon we will get to a point where 503 00:26:27,320 --> 00:26:29,920 Speaker 3: we will get cost parity at purchase and then other 504 00:26:29,960 --> 00:26:32,479 Speaker 3: five years it's a lot cheaper. But really we are 505 00:26:32,480 --> 00:26:35,600 Speaker 3: working hard. So when you have such high efficiency and 506 00:26:35,680 --> 00:26:38,280 Speaker 3: high energidenity batteries and so on, you're buying an electric 507 00:26:38,280 --> 00:26:42,399 Speaker 3: car that is quicker, faster, more often to drive, nicer 508 00:26:42,440 --> 00:26:44,800 Speaker 3: to drive in traffic jam, costs you far less to 509 00:26:44,880 --> 00:26:48,399 Speaker 3: run because it's so efficient and is basically better in 510 00:26:48,440 --> 00:26:51,280 Speaker 3: every single way, and only when we deliver that then 511 00:26:51,320 --> 00:26:54,880 Speaker 3: you can anticipate mass adoption of electric cars. And again, 512 00:26:54,920 --> 00:26:57,120 Speaker 3: why are we doing this? Back to my very first point, 513 00:26:58,040 --> 00:27:00,359 Speaker 3: this really matters husually because if you look at climate 514 00:27:00,400 --> 00:27:03,480 Speaker 3: change in general, transport is roughly thirty percent of the problem, 515 00:27:03,560 --> 00:27:09,000 Speaker 3: right And even though you know, moving a country entirely 516 00:27:09,080 --> 00:27:11,800 Speaker 3: to electric seems like a daunting task, it's actually the 517 00:27:11,800 --> 00:27:14,000 Speaker 3: easiest in terms of climate change, so lo for lo, 518 00:27:14,080 --> 00:27:18,720 Speaker 3: easier than the carbonizing air travel, freight still, manufacturing, and 519 00:27:18,720 --> 00:27:21,359 Speaker 3: all these things that are more difficult. So it really 520 00:27:21,400 --> 00:27:24,160 Speaker 3: matters that we accelerate transition to it is as fast 521 00:27:24,160 --> 00:27:27,440 Speaker 3: as possible because it's a low hanging fruit in a way, 522 00:27:27,480 --> 00:27:29,720 Speaker 3: even though it sounds difficult, it's really important. And let's 523 00:27:29,760 --> 00:27:32,600 Speaker 3: not forget the massive health benefits. You know, we don't 524 00:27:32,600 --> 00:27:35,359 Speaker 3: talk enough about this. We are living in a system 525 00:27:35,359 --> 00:27:37,800 Speaker 3: currenty that doesn't really make sense where eighty percent of 526 00:27:37,800 --> 00:27:40,640 Speaker 3: people live in mega cities, and yet we put all 527 00:27:40,640 --> 00:27:43,879 Speaker 3: the pollution where people live. It is absolutely critical to 528 00:27:44,040 --> 00:27:48,280 Speaker 3: have zero tailpipe emission where people live. It's billions of 529 00:27:48,680 --> 00:27:51,640 Speaker 3: pound zeros dollars saving for the healthcare industry and it's 530 00:27:51,800 --> 00:27:53,639 Speaker 3: just a better way to live. So this is a 531 00:27:53,680 --> 00:27:54,480 Speaker 3: critical part of it. 532 00:27:55,400 --> 00:27:57,480 Speaker 1: What do we think about tagmert I thought it was 533 00:27:57,560 --> 00:28:00,400 Speaker 1: really plant. I know it's a gimmick, but I actually 534 00:28:00,480 --> 00:28:03,840 Speaker 1: it changes the game dynamics so much we are like 535 00:28:03,880 --> 00:28:05,800 Speaker 1: two thirds of the One of the things I enjoyed 536 00:28:05,800 --> 00:28:09,880 Speaker 1: the most about the race in London is attack mode. 537 00:28:09,960 --> 00:28:12,680 Speaker 1: So you have this ability for an electric car which 538 00:28:12,720 --> 00:28:15,960 Speaker 1: for the race has a three hundred killer motor, but 539 00:28:16,760 --> 00:28:20,800 Speaker 1: for a few minutes can switch into this attack mode 540 00:28:20,800 --> 00:28:22,680 Speaker 1: and have three hundred and fifty kilo awards. So it's 541 00:28:22,680 --> 00:28:26,479 Speaker 1: sort of like the motor unlocks more power. And I 542 00:28:26,520 --> 00:28:30,359 Speaker 1: am told Mario Kart was the inspiration for this, that 543 00:28:30,400 --> 00:28:32,439 Speaker 1: you get that extra boost and then you can do 544 00:28:32,480 --> 00:28:35,200 Speaker 1: funky things with it, which is have drivers who were 545 00:28:35,320 --> 00:28:41,080 Speaker 1: nineteen get onto pole position in a race. Why was 546 00:28:41,400 --> 00:28:45,600 Speaker 1: gimmick like that necessary for you to make Formula E interesting? 547 00:28:46,040 --> 00:28:47,880 Speaker 3: Yeah, it's a good question. So it's back to my 548 00:28:47,960 --> 00:28:51,800 Speaker 3: earlier point really about striking that balance between technology development 549 00:28:51,800 --> 00:28:54,640 Speaker 3: but also make the sport entertaining. So again we are 550 00:28:54,680 --> 00:28:56,920 Speaker 3: blessed in formally that you know, the racing itself is 551 00:28:57,520 --> 00:29:00,520 Speaker 3: bonkers enough that it's fun as it is, but attack 552 00:29:00,560 --> 00:29:03,480 Speaker 3: mood was just a genius idea really because it's ow 553 00:29:03,480 --> 00:29:05,400 Speaker 3: caase not only the what you can do with electric cars, 554 00:29:05,400 --> 00:29:08,280 Speaker 3: but also it makes the races so entertaining. So really, 555 00:29:08,280 --> 00:29:10,200 Speaker 3: the principle is quite simple, and it is kind of 556 00:29:10,200 --> 00:29:12,960 Speaker 3: derived from a principle from my workout where you basically 557 00:29:12,960 --> 00:29:15,680 Speaker 3: have some sensors on the track at a particular corner, 558 00:29:15,720 --> 00:29:17,840 Speaker 3: and if you go across the three sensors, then you 559 00:29:17,840 --> 00:29:20,120 Speaker 3: press a button on the stain well and you get 560 00:29:20,120 --> 00:29:22,280 Speaker 3: an extra fifty kilo from the front axle, so you 561 00:29:22,280 --> 00:29:25,320 Speaker 3: get a lot of performance and it basically mixes up 562 00:29:25,360 --> 00:29:28,120 Speaker 3: the game and it's the same for everybody. So it 563 00:29:28,240 --> 00:29:30,680 Speaker 3: gives a kind of a strategic element to the race 564 00:29:31,160 --> 00:29:33,320 Speaker 3: where what we did yesterday is not so easy to 565 00:29:33,320 --> 00:29:35,160 Speaker 3: go from the back to all the way to the podium. 566 00:29:35,280 --> 00:29:37,200 Speaker 3: You need a lot of starts to align. But through 567 00:29:37,320 --> 00:29:40,440 Speaker 3: energy management, which is really critical, how and when you 568 00:29:40,520 --> 00:29:42,640 Speaker 3: spend the energy that you have through the race and 569 00:29:42,680 --> 00:29:44,880 Speaker 3: the us of attack mode, if you use it at 570 00:29:44,880 --> 00:29:47,400 Speaker 3: the perfect time with the perfect energy management strategy, you 571 00:29:47,400 --> 00:29:50,040 Speaker 3: can make a lot of places. So it's a really 572 00:29:50,560 --> 00:29:54,480 Speaker 3: kind of interesting strategic part of the sport, but also 573 00:29:54,520 --> 00:29:55,640 Speaker 3: it's just super entertaining. 574 00:29:55,760 --> 00:29:59,120 Speaker 1: So if we hit both of those pillars that formula 575 00:29:59,200 --> 00:30:01,480 Speaker 1: you was created with the technology pillar and sort of 576 00:30:01,880 --> 00:30:04,960 Speaker 1: engaging the audience pillar. If the technology pillar gives you 577 00:30:05,000 --> 00:30:08,800 Speaker 1: affordable electric cars that everybody can buy, that is enabled 578 00:30:08,840 --> 00:30:12,720 Speaker 1: partly because of the technology improvements and formulae, and people 579 00:30:12,760 --> 00:30:16,240 Speaker 1: find the sport interesting. Formula one now exists in a 580 00:30:16,280 --> 00:30:19,120 Speaker 1: world where it's not trying to sell you the internal 581 00:30:19,120 --> 00:30:22,480 Speaker 1: combustion engine car. It's just selling you a sport that 582 00:30:22,520 --> 00:30:25,600 Speaker 1: people are interested in watching. Do you think that's what 583 00:30:25,720 --> 00:30:29,320 Speaker 1: Formula E becomes. It's not about the electric car technology 584 00:30:30,720 --> 00:30:33,560 Speaker 1: in the way that it's trying to sell an electric car. 585 00:30:34,040 --> 00:30:36,880 Speaker 1: It might be interesting as a technology play, but it's 586 00:30:36,920 --> 00:30:40,280 Speaker 1: really a sport that people are interested in watching the race, 587 00:30:40,360 --> 00:30:43,800 Speaker 1: watching what the drivers do, watching the phenomena. 588 00:30:43,920 --> 00:30:47,160 Speaker 3: I think that's really faraway. So the beauty of formulae, 589 00:30:47,480 --> 00:30:49,320 Speaker 3: it's also an ass you've challenged by a challenge we like, 590 00:30:49,560 --> 00:30:51,920 Speaker 3: as I said at the beginning, every two years we 591 00:30:51,920 --> 00:30:54,200 Speaker 3: are just pushing the technology forward. Well, we're running a 592 00:30:54,240 --> 00:30:56,719 Speaker 3: technology that did not exist two years before. That's just 593 00:30:57,120 --> 00:30:58,840 Speaker 3: that's going to be the case for at least two 594 00:30:58,840 --> 00:31:01,400 Speaker 3: few decades for sure. So these two pillos are going 595 00:31:01,440 --> 00:31:03,960 Speaker 3: to remain the same two pillos for many decades because 596 00:31:04,760 --> 00:31:07,200 Speaker 3: of course, when we reach ninety seven ninety seven point five, 597 00:31:07,800 --> 00:31:09,200 Speaker 3: they'll get a point where you know, you don't get 598 00:31:09,200 --> 00:31:11,480 Speaker 3: two hundred persent efficiency, right, we'll get to it, but 599 00:31:11,840 --> 00:31:13,959 Speaker 3: we can still always improve that. But then we have 600 00:31:14,560 --> 00:31:17,120 Speaker 3: batteries energtensive batteries. So at the moment we have eight 601 00:31:17,120 --> 00:31:20,920 Speaker 3: to ten percent improvement in battery energy density on conventional chemistries, 602 00:31:20,960 --> 00:31:22,959 Speaker 3: let's say. But at some point we're going to have 603 00:31:22,960 --> 00:31:24,719 Speaker 3: solid state batteries and we're going to have all sort 604 00:31:24,760 --> 00:31:28,680 Speaker 3: of technologies coming that will enable the most amazing racing 605 00:31:28,720 --> 00:31:31,000 Speaker 3: cars because imagine, you know, our gent four car at 606 00:31:31,040 --> 00:31:33,000 Speaker 3: six hundred kilo at which is you know, eight hundred 607 00:31:33,000 --> 00:31:35,680 Speaker 3: doors power. Imagine a car like that that is, you know, 608 00:31:35,800 --> 00:31:38,600 Speaker 3: lighter than Formula one. The performance would be unbelievable. And 609 00:31:38,640 --> 00:31:41,600 Speaker 3: that's not that far away in the future. So these 610 00:31:41,600 --> 00:31:44,000 Speaker 3: two pillars are going to remain for sure. There's you know, 611 00:31:44,640 --> 00:31:46,000 Speaker 3: it would be a good point to have when we 612 00:31:46,000 --> 00:31:49,680 Speaker 3: have no more technology development in eglectric cars, right, like, 613 00:31:49,720 --> 00:31:52,760 Speaker 3: we can always make these cars better for the future. 614 00:31:53,040 --> 00:31:56,280 Speaker 3: Formula one, on the other side, is in an interesting 615 00:31:56,360 --> 00:31:58,880 Speaker 3: situation because of course we know the new regulation twenty 616 00:31:58,880 --> 00:32:01,520 Speaker 3: twenty six to twenty thirty. In the coming up regulations, 617 00:32:02,160 --> 00:32:04,640 Speaker 3: the almost parenting are between petrol power and electric power, 618 00:32:05,040 --> 00:32:06,920 Speaker 3: and if any end of their electric power is the 619 00:32:06,960 --> 00:32:07,960 Speaker 3: same as what we run now. 620 00:32:08,120 --> 00:32:10,360 Speaker 1: Yeah, I think most people don't know that Formula one 621 00:32:10,360 --> 00:32:13,680 Speaker 1: cars are all hybrids. They all have electric motors in 622 00:32:13,720 --> 00:32:16,400 Speaker 1: them because the electric motor gives you an acceleration that 623 00:32:16,440 --> 00:32:18,320 Speaker 1: an eternal combustion in So from next. 624 00:32:18,160 --> 00:32:20,680 Speaker 3: Year and until twenty thirty you have this new regulation 625 00:32:20,760 --> 00:32:23,360 Speaker 3: Formula one where they will have about four hundred killoots 626 00:32:24,080 --> 00:32:26,760 Speaker 3: for the engine and three fifty from the electric motor, 627 00:32:26,880 --> 00:32:29,000 Speaker 3: which is what we run in Formalya today. We will 628 00:32:29,000 --> 00:32:31,640 Speaker 3: go to six hundred, so hence the performance so family 629 00:32:31,720 --> 00:32:33,800 Speaker 3: is almost at parenting, will be a Formula one between 630 00:32:33,800 --> 00:32:36,520 Speaker 3: the petrol and electric and that will open up a 631 00:32:36,520 --> 00:32:40,480 Speaker 3: lot of interesting developments for them. What Formula one does 632 00:32:40,520 --> 00:32:42,960 Speaker 3: after twenty thirty is a big debate because at some 633 00:32:43,040 --> 00:32:46,600 Speaker 3: point by twenty three on words, all the cars that 634 00:32:46,760 --> 00:32:49,680 Speaker 3: dealerships and what cars that people buy will be electric. 635 00:32:49,800 --> 00:32:52,400 Speaker 3: For the reason I explain, not necessarily because we love batteries. 636 00:32:52,880 --> 00:32:54,600 Speaker 3: But it's quite nice to drive a car run that's 637 00:32:54,680 --> 00:32:59,440 Speaker 3: using four times less energy. So it's inevitable what formula 638 00:32:59,440 --> 00:33:01,160 Speaker 3: one becomes the and is you know, not for me 639 00:33:01,200 --> 00:33:02,720 Speaker 3: to say. There are many ways of going. But of 640 00:33:02,720 --> 00:33:06,920 Speaker 3: course sustainable fuels come in the discussion, which is really 641 00:33:06,920 --> 00:33:10,320 Speaker 3: interesting for some applications. And it's funny that formula when 642 00:33:10,320 --> 00:33:13,880 Speaker 3: we'll end up helping develop stable fuels, yet the application 643 00:33:13,920 --> 00:33:17,040 Speaker 3: will mostly be for airlines and other applications, right, But 644 00:33:17,320 --> 00:33:20,000 Speaker 3: it's fine. It's still development, so it will be really 645 00:33:20,040 --> 00:33:21,520 Speaker 3: interesting to see where where they go from. 646 00:33:21,520 --> 00:33:24,200 Speaker 1: There Are you worried about the fact that in the 647 00:33:24,320 --> 00:33:28,760 Speaker 1: US you are seeing a backlash against ev is given 648 00:33:28,840 --> 00:33:32,360 Speaker 1: how big US audiences are for sport in general and 649 00:33:32,400 --> 00:33:35,120 Speaker 1: how much they contribute to the sport in financial terms, 650 00:33:35,200 --> 00:33:38,760 Speaker 1: but also in eyeballs. Formly is about electric cars, and 651 00:33:38,800 --> 00:33:42,440 Speaker 1: if one large economy, well, the largest economy is not 652 00:33:42,480 --> 00:33:44,440 Speaker 1: that interesting in electric cars. Does that worry you? 653 00:33:44,680 --> 00:33:48,200 Speaker 3: Yes? And no, for sure it's not helpful. There are 654 00:33:48,240 --> 00:33:52,240 Speaker 3: the moment headwinds in all sorts of directions. Having said that, 655 00:33:52,320 --> 00:33:55,240 Speaker 3: I am not worried one bit in the mid long term, 656 00:33:55,880 --> 00:33:58,800 Speaker 3: and one of the main indicators simply is we are 657 00:33:58,800 --> 00:34:02,720 Speaker 3: talking here about large industrial projects really, so at Envision, 658 00:34:02,720 --> 00:34:05,840 Speaker 3: we're building many giga factories to supply sales to car 659 00:34:05,880 --> 00:34:10,280 Speaker 3: manufacturers and static energy storage for grid, which is highly popular. 660 00:34:10,840 --> 00:34:14,239 Speaker 3: That's a very interesting discussion for another day. So all 661 00:34:14,239 --> 00:34:20,239 Speaker 3: these giga factoring projects, these heavy factories, these are you know, 662 00:34:20,360 --> 00:34:23,520 Speaker 3: three five year projects that you don't change your mind 663 00:34:23,560 --> 00:34:26,319 Speaker 3: on this project every two minutes. So ultimately, all these 664 00:34:26,320 --> 00:34:29,120 Speaker 3: projects that are ongoing, they will carry on. Will the 665 00:34:29,120 --> 00:34:32,160 Speaker 3: sales be a bit load and expected in a year, possibly, 666 00:34:32,880 --> 00:34:36,240 Speaker 3: but over five ten years. Back to my very earlier points. 667 00:34:36,880 --> 00:34:38,920 Speaker 3: Unless in the next few years we find a technology 668 00:34:38,960 --> 00:34:41,640 Speaker 3: that is more efficient than a battery electric car. I 669 00:34:41,719 --> 00:34:43,440 Speaker 3: doubt it, but if that were to happen, that's the 670 00:34:43,440 --> 00:34:46,800 Speaker 3: only thing that could deveil it. Ultimately, the sheer efficiency 671 00:34:46,840 --> 00:34:49,560 Speaker 3: of electric cars means that this is coming. This is 672 00:34:49,560 --> 00:34:51,799 Speaker 3: the only way to move people around on the road. 673 00:34:52,640 --> 00:34:54,960 Speaker 3: The exact timing is a bit complicated because each market 674 00:34:55,000 --> 00:34:58,000 Speaker 3: has a different demand base and timing and so on. 675 00:34:58,360 --> 00:35:01,000 Speaker 3: But I'm not worried about all long term. Interestingly, formally, 676 00:35:01,040 --> 00:35:02,359 Speaker 3: I don't have the exact number. And now you put 677 00:35:02,360 --> 00:35:05,239 Speaker 3: me on the spot. But I know this year our 678 00:35:05,320 --> 00:35:07,560 Speaker 3: race in Mexico and Miami had the highest of audience 679 00:35:07,560 --> 00:35:10,120 Speaker 3: in the US by like a long way compared to 680 00:35:10,160 --> 00:35:12,960 Speaker 3: previous year. So we are going really really fast in America, 681 00:35:13,360 --> 00:35:16,080 Speaker 3: and we have a roadmap of more races in North 682 00:35:16,080 --> 00:35:19,319 Speaker 3: and South America as well as growing globally anyway. So 683 00:35:19,360 --> 00:35:21,840 Speaker 3: we see more close to twenty percent on your growth 684 00:35:21,880 --> 00:35:25,160 Speaker 3: anyway in audience, but by adding more races, we're going 685 00:35:25,160 --> 00:35:29,520 Speaker 3: to accelerate that even further. So you know, on TV 686 00:35:29,600 --> 00:35:31,719 Speaker 3: sentiment in some parts of the world, frankly, I have 687 00:35:31,760 --> 00:35:33,880 Speaker 3: seen that since the beginning, you know, I mean, believe me. 688 00:35:33,920 --> 00:35:35,839 Speaker 3: When I was doing interviews two or fourteen years ago, 689 00:35:35,840 --> 00:35:39,560 Speaker 3: by electric racing, it was ninety nine percent on TIV settlement, 690 00:35:39,680 --> 00:35:42,040 Speaker 3: you know. So it is for me a lot easier 691 00:35:42,080 --> 00:35:44,080 Speaker 3: today than it was at the time. But you know, 692 00:35:44,160 --> 00:35:45,960 Speaker 3: it comes back to my point, all this will go 693 00:35:46,000 --> 00:35:49,560 Speaker 3: away once electric cars are better in every single metric 694 00:35:49,880 --> 00:35:52,799 Speaker 3: and then ultimately the discussion stops. Really, so that's what 695 00:35:52,840 --> 00:35:53,960 Speaker 3: we are trying to accelerate. 696 00:35:54,160 --> 00:35:54,799 Speaker 1: Thank you so far. 697 00:35:55,000 --> 00:35:57,120 Speaker 3: Great to be race. 698 00:35:58,040 --> 00:35:59,920 Speaker 1: A couple of crashes, some safety cars, lots of very 699 00:36:01,280 --> 00:36:04,359 Speaker 1: how you say, it's a formula. I enjoyed it a lot. 700 00:36:04,600 --> 00:36:06,680 Speaker 1: I mean, it was way more exciting than I thought 701 00:36:06,680 --> 00:36:10,279 Speaker 1: it would be, and after the predictable start over the 702 00:36:10,320 --> 00:36:15,760 Speaker 1: first ten laps, it got super excited. There you go. 703 00:36:17,760 --> 00:36:27,400 Speaker 1: It's Nick Cassidy. Thank you for listening to zero and 704 00:36:27,440 --> 00:36:28,759 Speaker 1: now for the sound of the. 705 00:36:28,719 --> 00:36:37,920 Speaker 3: Week, Boom. 706 00:36:38,560 --> 00:36:43,040 Speaker 1: That is beatboxer Wing performing his song Dopamine. Turns out 707 00:36:43,160 --> 00:36:47,080 Speaker 1: beatboxing is a competitive sport and I'm all here for it. 708 00:36:47,600 --> 00:36:49,480 Speaker 1: If you like this episode, please take a moment to 709 00:36:49,560 --> 00:36:52,080 Speaker 1: rate and review the show on Apple Podcasts and Spotify. 710 00:36:52,760 --> 00:36:55,200 Speaker 1: Share this episode with a friend or with someone who 711 00:36:55,239 --> 00:36:59,040 Speaker 1: loves Mario Kart. This episode was produced by Oscar boyd Our. 712 00:36:59,080 --> 00:37:03,320 Speaker 1: Theme music is comp by Wonderly Special thanks to Envision Racing, 713 00:37:03,640 --> 00:37:08,279 Speaker 1: Eleanor Harrison, Dungate, Smarsadi, Moses Andim and Shawan Wagner. I 714 00:37:08,320 --> 00:37:10,080 Speaker 1: am Akshatrati back soon.