# Transcript: What electromobility will (change)

## Description

Who is Jan Staněk 



Jan Staněk is an economist and a devoted father of three who, since 2019 as ElectroDad, has been inspiring millions to switch to electric cars and clean energy through YouTube and Stream videos. In his professional life, he focuses on investing in innovative tech startups as a founding partner of the Brno-based Purple Ventures.

## Transcript

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**[00:10:00]** And as Obama nicely said, we are the first generation to feel climate change firsthand

**[00:10:07]** We are the last generation that can do something about it.

**[00:10:11]** A question. According to the International Monetary Fund, what percentage of global GDP,

**[00:10:17]** while you use your mobile phones and Slido,

**[00:10:19]** goes globally to subsidies and tax breaks for the extraction, processing, and sale of fossil fuels,

**[00:10:32]** for oil, diesel, gasoline, coal, and gas?

**[00:10:36]** Take a guess. Is it 1%, 3%, or 7%?

**[00:10:41]** Each percent corresponds roughly to a trillion dollars, and this is an annual figure.

**[00:10:47]** Annual. The cost of subsidies.

**[00:10:56]** Okay, I'll answer that.

**[00:10:59]** Did it not show up on your screen?

**[00:11:00]** Probably in the presentation. Sure, sure.

**[00:11:05]** Yeah, yeah, okay.

**[00:11:07]** So.

**[00:11:14]** What’s actually happening is that there are interesting groups that own the extraction,

**[00:11:20]** refining, processing, and distribution of fossil fuels and privatize the profits.

**[00:11:25]** Those profits are private.

**[00:11:27]** At the same time, what they do is release into the atmosphere,

**[00:11:32]** along with us, we share in this,

**[00:11:34]** billions of tons of CO2 that clearly affect the climate.

**[00:11:39]** And then it’s society as a whole that pays and will continue to pay.

**[00:11:44]** The impacts are socialized.

**[00:11:46]** We all have to pay.

**[00:11:48]** And at the same time, look at the ranking of top Czech billionaires,

**[00:11:53]** how they are connected. They basically bet against it,

**[00:11:56]** and now they talk a lot about how the Green Deal is actually good,

**[00:12:01]** but it’s a bit of an emotional issue and needs to be rationalized.

**[00:12:05]** We need a rational approach to moving away from fossil fuels.

**[00:12:10]** Because they rationally bet against the Green Deal,

**[00:12:14]** then rationally bought media,

**[00:12:18]** and try to push that rational narrative into our heads.

**[00:12:22]** And most of us have our heads nicely buried in the sand,

**[00:12:27]** and only form opinions based on what the media feed us,

**[00:12:32]** just from the headlines.

**[00:12:39]** So here we have hundreds of billions of dollars in profits,

**[00:12:43]** which is a huge economic leverage,

**[00:12:46]** that buys media and public opinion.

**[00:12:49]** And there is a strong narrative that suits their agenda,

**[00:12:53]** which says that individuals can’t do anything about it.

**[00:12:56]** I strongly oppose that narrative,

**[00:12:59]** that as individuals we can’t make a difference.

**[00:13:01]** We, as individuals, make up this society.

**[00:13:03]** And Honza Stanek from Rosice near Brno,

**[00:13:05]** whom you had never heard of five years ago,

**[00:13:09]** just took inspiration from one of those middle children

**[00:13:13]** and took a phone in hand and started making videos on YouTube.

**[00:13:16]** Because our daughter was making slime videos at the age of ten.

**[00:13:22]** And her video My Slime Collection had a hundred thousand views,

**[00:13:25]** so I thought, Elinka, maybe you could teach me how to do it.

**[00:13:31]** It's about seven percent of global GDP,

**[00:13:36]** about seven trillion dollars annually in subsidies

**[00:13:40]** and direct financial support and tax breaks

**[00:13:46]** for fossil fuel extraction.

**[00:13:49]** If we dedicated these funds to decarbonization,

**[00:13:52]** we would be done by the end of the decade.

**[00:13:58]** It was extreme last year.

**[00:14:01]** Because inflation came, and actually states,

**[00:14:06]** including the Czech Republic, for example, gave relief on excise tax on diesel,

**[00:14:10]** which is exactly here in these numbers,

**[00:14:13]** so all states were afraid that consumers,

**[00:14:21]** so they basically pumped money into the economy.

**[00:14:28]** A thousand billion, which is a trillion in English,

**[00:14:32]** that's a trillion dollars just last year.

**[00:14:36]** Which were actually subsidies for consumers.

**[00:14:42]** Next question, please, Slido.

**[00:14:44]** We are heading annually towards mining 38 million tons of metals,

**[00:14:48]** that means lithium, nickel, manganese, cobalt,

**[00:14:52]** chromium, copper, metals we need to fully decarbonize the global economy.

**[00:14:56]** To shift to primary energy sources,

**[00:15:00]** to have renewable sources, photovoltaics, wind,

**[00:15:02]** with batteries and storage,

**[00:15:06]** to have electric cars, to have heat pumps,

**[00:15:10]** how we produce heat for buildings,

**[00:15:13]** and to decarbonize industry.

**[00:15:16]** To basically electrify the global economy.

**[00:15:20]** We are aiming to mine 38 million tons annually

**[00:15:22]** of these metals and materials.

**[00:15:26]** How many million tons do we mine today in total?

**[00:15:41]** of oil, gas, and coal annually.

**[00:15:43]** Just to give you an idea of the scale,

**[00:15:47]** of what we're talking about.

**[00:15:54]** Thanks a lot for those tips.

**[00:15:56]** You're pretty close.

**[00:15:58]** I'll answer that in a moment.

**[00:16:03]** The red line in these assumptions is that,

**[00:16:06]** there's a Paris Agreement where countries agreed,

**[00:16:09]** to stop global warming at 1.5°C.

**[00:16:13]** The green line, let's say, is 2°C.

**[00:16:20]** The blue line is what fossil fuel producers predict,

**[00:16:26]** they will extract.

**[00:16:29]** And the yellow line is what was set within,

**[00:16:36]** what's usually COP 26, 27, this year 28, which will be chaired by.

**[00:16:41]** The president of COP 28 will be a person,

**[00:16:45]** who leads an oil company.

**[00:16:50]** I don't know if anyone finds that strange, but OK.

**[00:16:54]** That means the fossil fuel industry doesn't plan

**[00:16:59]** to do anything about the situation.

**[00:17:03]** These are our three children, today 18, 16, and 6.

**[00:17:08]** Statistically, they will be alive at the end of this century.

**[00:17:14]** And we've already had dozens of days this year,

**[00:17:21]** when globally we've exceeded 1.5°C.

**[00:17:26]** The whole year won't end like this,

**[00:17:28]** but there have been many days just this year,

**[00:17:32]** when we've gone over that limit.

**[00:17:34]** By the way, the Czech Republic is warming,

**[00:17:36]** and it's uneven.

**[00:17:38]** There are places on the planet that have warmed

**[00:17:40]** by 5 to 6°C in the last 60 years,

**[00:17:43]** like Svalbard.

**[00:17:45]** Then there are places like the Czech Republic,

**[00:17:47]** which is warming by 0.3°C per decade.

**[00:17:50]** We are 2.1°C above pre-industrial times.

**[00:17:57]** Most of us listening today

**[00:18:02]** remember that those years were cooler.

**[00:18:05]** And winters were colder too, just in our lifetimes.

**[00:18:09]** So besides this being the warmest year

**[00:18:13]** in our lives, it's also the coolest year for the future.

**[00:18:20]** And this is, as you might guess,

**[00:18:23]** that there is the International Panel of Climate Scientists, IPCC,

**[00:18:27]** where the vast majority of countries send their people.

**[00:18:33]** My parents, that's the very bottom line,

**[00:18:36]** who were born after World War II.

**[00:18:39]** Then there's the line above that, that's me,

**[00:18:43]** or my generation, let's say people of middle age now.

**[00:18:46]** Then there are our children.

**[00:18:48]** And we actually have scenarios.

**[00:18:50]** These scenarios basically say,

**[00:18:52]** that we are measuring towards,

**[00:18:54]** a the warming will be about four degrees Celsius.

**[00:18:57]** And then there's the narrative of the rational, fossil fuel,

**[00:19:01]** which says, well, now nothing can be done about it.

**[00:19:05]** We can't change anything dramatically.

**[00:19:08]** It is what it is, so let's get used to the climate.

**[00:19:11]** We'll just get used to it.

**[00:19:14]** This is a personal term I encountered about six years ago.

**[00:19:19]** I think this is the most crucial thing.

**[00:19:22]** It's a phenomenon called wet bulb,

**[00:19:25]** which you see in many places around the equator,

**[00:19:31]** but once we reach four degrees Celsius,

**[00:19:37]** even now you have, for example, when you see 1.7 to 2.3,

**[00:19:44]** places in Southeast Asia, parts of India,

**[00:19:50]** you already have there this year...

**[00:19:53]** What is it?

**[00:19:54]** The temperature doesn't drop during the day, from 4 to 8 pm,

**[00:19:57]** it doesn't drop below 37 degrees Celsius and there's 100% humidity.

**[00:20:00]** And you just get cooked.

**[00:20:04]** The human body, if you have 100% humidity,

**[00:20:07]** and it's above 37 °C, thermoregulation doesn't work.

**[00:20:11]** Sweat has nowhere to evaporate.

**[00:20:13]** That means it doesn't cool you down at all,

**[00:20:15]** and this is simply incompatible with life.

**[00:20:18]** If we in Europe think,

**[00:20:21]** that it will be bare sky here like in Greece,

**[00:20:24]** we can somehow manage.

**[00:20:25]** The Greeks can grow something,

**[00:20:27]** and somehow manage with the water.

**[00:20:28]** Yes, but what about the hundreds of millions of people,

**[00:20:33]** who were born in places,

**[00:20:34]** that are incompatible with life.

**[00:20:36]** Which are either underwater,

**[00:20:38]** only when the glaciers melt,

**[00:20:40]** which are in Greenland,

**[00:20:41]** global oceans will rise by up to 6 meters.

**[00:20:48]** And today you have Polynesia or somewhere,

**[00:20:50]** those places are just a few decimeters above sea level.

**[00:20:53]** So these people will have to move somewhere else

**[00:20:55]** and then hundreds of millions of people will have to relocate,

**[00:20:57]** who simply cannot survive months of the year

**[00:20:59]** in the wet bulb phenomenon.

**[00:21:02]** And I would say there will be places on the planet

**[00:21:05]** where people will stand with Kalashnikovs

**[00:21:06]** and tell the Kalashnikovs at the border,

**[00:21:08]** this road will not be allowed.

**[00:21:10]** So I personally think

**[00:21:12]** this will be the crucial issue.

**[00:21:14]** And then, like those big shots

**[00:21:16]** who today say,

**[00:21:17]** we can't do anything about it,

**[00:21:18]** that's rational,

**[00:21:19]** they will hide behind that,

**[00:21:20]** they will fly away on private jets somewhere to the Alps,

**[00:21:23]** but society will have to somehow deal

**[00:21:25]** with that migration.

**[00:21:29]** It's simply a crucial topic,

**[00:21:30]** that we must stop burning fossil fuels as soon as possible.

**[00:21:36]** Because if we don't,

**[00:21:37]** we are playing with the stability of the climate here.

**[00:21:41]** And this is no joke,

**[00:21:43]** it can't be predicted.

**[00:21:45]** And it could also happen,

**[00:21:47]** what they call hot house earth here at Stanford,

**[00:21:51]** that at some point,

**[00:21:54]** the climate will swing so much,

**[00:21:56]** that there will be a certain temperature,

**[00:21:59]** beyond which it will start to happen,

**[00:22:01]** that there will be more and more floods and more and more fires,

**[00:22:04]** and that the number of frost days during the year won't change,

**[00:22:10]** but the timing of when they occur will change.

**[00:22:13]** And respectively, the big heatwaves will return.

**[00:22:17]** And you can reach a state,

**[00:22:18]** where the climate is completely destabilized,

**[00:22:21]** and we will effectively threaten the existence of homo sapiens.

**[00:22:25]** And there will be no way back.

**[00:22:28]** Here is the answer.

**[00:22:29]** Today, we actually extract 15 billion tons,

**[00:22:35]** like 15 thousand million, when that question was asked,

**[00:22:39]** 15 billion tons of fossil fuels.

**[00:22:42]** A fully decarbonized economy

**[00:22:45]** will need to extract about 400 times less annually.

**[00:22:53]** Just for that scale, 400 times less.

**[00:23:00]** The average Czech household has the highest energy costs

**[00:23:05]** for transportation, personal car transport.

**[00:23:09]** In the Czech Republic, we have about 10.6 million inhabitants,

**[00:23:13]** and 8.7 million road motor vehicles,

**[00:23:17]** of which nearly 7 million are passenger cars.

**[00:23:23]** There are cities like Liberec, where there are more passenger cars

**[00:23:27]** than inhabitants, including children and pensioners,

**[00:23:31]** who simply no longer drive.

**[00:23:33]** There are 100,000 inhabitants, but 120,000 passenger cars.

**[00:23:37]** So the biggest energy expense as a household

**[00:23:42]** is burning gasoline and diesel.

**[00:23:46]** Then electricity, and then heating with gas.

**[00:23:50]** So electric cars, and here the rational ones

**[00:23:58]** love creating that smoke screen,

**[00:24:02]** to divert the discussion from this topic,

**[00:24:06]** so they love to latch onto,

**[00:24:08]** "But I'm vegan and I'm making the planet better,"

**[00:24:12]** and that has a huge impact on the planet.

**[00:24:16]** It does, but a tiny one.

**[00:24:18]** Using the same narrative of rationalization,

**[00:24:22]** it actually has a very small impact.

**[00:24:25]** Especially if you're a vegan who needs to show off three times a year,

**[00:24:28]** how your feet are in the sand on the other side of the planet.

**[00:24:32]** And somehow those mutts and such things

**[00:24:36]** still reach you through the fossil economy.

**[00:24:44]** Now, a little about electric cars.

**[00:24:46]** We got a Yeti as an electric car.

**[00:24:50]** There's no need to buy new things.

**[00:24:54]** This is school economics.

**[00:24:56]** They bought a Yeti electric car, an ugly car, a Nissan,

**[00:25:00]** five and a half years ago.

**[00:25:02]** It was a car that could go 150 kilometers on a single charge,

**[00:25:06]** and yet we had it as the primary family car,

**[00:25:08]** and we drove 30,000 kilometers a year with it.

**[00:25:11]** Because when we once went on vacation in a camper,

**[00:25:14]** we drove to France with a combustion car,

**[00:25:19]** which we borrowed from our parents.

**[00:25:21]** But otherwise, everything could be handled, including my work trips,

**[00:25:24]** with a car that was supposed to go 150 kilometers.

**[00:25:27]** Because the average Czech actually drives 30 kilometers daily.

**[00:25:31]** So you still have a reserve.

**[00:25:33]** And it was a car that, during my two and a quarter years,

**[00:25:37]** was charged 98% of the time from a regular socket,

**[00:25:44]** the kind you have in your kitchen.

**[00:25:46]** 230 volts.

**[00:25:48]** Electric cars can be charged from that, please.

**[00:25:51]** From any socket in this country, and there are hundreds of millions of them.

**[00:25:55]** We have hundreds of millions of charging points in this country.

**[00:25:58]** Like your mobile phone, a socket, a car, also a socket.

**[00:26:04]** The power draw is like a kettle.

**[00:26:08]** And it charges fast when you plug it into the red industrial socket,

**[00:26:12]** the kind used for mixers.

**[00:26:14]** The five-pin plug, then it charges quickly.

**[00:26:18]** And once you sit in that electric car,

**[00:26:22]** and if I had one wish,

**[00:26:26]** please try it out.

**[00:26:28]** Try driving an electric car,

**[00:26:31]** because there is no going back.

**[00:26:33]** There is no going back, so try it once.

**[00:26:35]** Because A, and this is unrelated to the experience,

**[00:26:41]** electric cars are the safest cars you can get.

**[00:26:45]** I repeat, they are the safest cars you can get.

**[00:26:49]** If you look at the eight historically safest cars

**[00:26:54]** according to Euro NCAP crash tests,

**[00:26:57]** they are all electric cars.

**[00:27:00]** By the way, three of them are Chinese.

**[00:27:02]** I will talk a lot about that later.

**[00:27:04]** Then there are the driving characteristics

**[00:27:08]** It far surpasses a combustion car.

**[00:27:11]** Because then you go back to a combustion car,

**[00:27:13]** you think, yeah, yeah, yeah, it served us well

**[00:27:15]** in the 20th century, it was fine,

**[00:27:17]** but it's just completely like...

**[00:27:19]** you're sitting in a piece of history.

**[00:27:22]** It's very ergonomic, it's quiet inside.

**[00:27:25]** One person I interviewed,

**[00:27:29]** who borrowed an electric car for those days,

**[00:27:31]** then I interviewed him and he said, look,

**[00:27:33]** I actually realized that on long trips,

**[00:27:35]** what really tires me out is the noise in the car.

**[00:27:39]** And here, the noise is significantly less.

**[00:27:44]** It doesn't vibrate when you sit in a luxury car

**[00:27:48]** for maybe half a million, combustion engine,

**[00:27:52]** and when you're used to electric cars,

**[00:27:54]** you think, hmm, that's strange,

**[00:27:56]** the seat vibrates, your back vibrates,

**[00:27:58]** the pedals vibrate.

**[00:28:01]** It's incredibly smooth because basically

**[00:28:03]** you control it with just the right gas pedal,

**[00:28:05]** because there's no gear shifting.

**[00:28:09]** Sometimes people mistakenly say there's some kind of

**[00:28:11]** automatic transmission, but there's only a reduction gear.

**[00:28:14]** And basically it's a simple drive system,

**[00:28:16]** there's a rotor, stator, and then three gears

**[00:28:19]** that just transfer the rotor's speed in the motor

**[00:28:22]** to the wheel speed as a whole.

**[00:28:24]** The faster the rotor spins,

**[00:28:27]** the faster the wheels turn, until it reaches a limited speed,

**[00:28:30]** like 180 km/h.

**[00:28:33]** So it's basically a simple drive system,

**[00:28:36]** which on its own, unlike the combustion engine,

**[00:28:40]** which, if you have good modern turbocharged engines,

**[00:28:45]** if they last 4 million, then after millions of kilometers

**[00:28:48]** there's nothing more to test,

**[00:28:50]** because it doesn't make sense to test further,

**[00:28:52]** because these are basically immortal things.

**[00:28:54]** The range of an electric car today,

**[00:28:59]** thanks to that, and the Czech Republic will do a top job,

**[00:29:04]** we have 4000 public charging points,

**[00:29:09]** we have about 1500 charging locations

**[00:29:12]** and the average utilization of those public ones,

**[00:29:15]** we talked about those hundreds of millions of sockets,

**[00:29:18]** where you can charge, meaning,

**[00:29:20]** even if you're somewhere in the forest at a cottage

**[00:29:22]** and electricity is supplied there, you have a charging spot,

**[00:29:25]** but the public charging infrastructure,

**[00:29:29]** if someone says there isn't enough of it,

**[00:29:31]** there are definitely moments during the day,

**[00:29:33]** when you're, for example, in Prague and want to charge somewhere in a housing estate,

**[00:29:36]** it might be occupied,

**[00:29:38]** but otherwise the average utilization of charging points

**[00:29:41]** in the Czech Republic is below two percent.

**[00:29:44]** Less than two percent of the time someone is charging there.

**[00:29:48]** So the charging infrastructure in Czechia is ahead.

**[00:29:51]** And it's also top-notch in that

**[00:29:53]** the charging infrastructure is actually young

**[00:29:57]** and very reliable.

**[00:30:00]** The services that providers offer on the charging infrastructure are very reliable.

**[00:30:04]** If you arrive at a charger and for some reason it doesn't work,

**[00:30:07]** you can be sure that within three minutes you will reach someone,

**[00:30:09]** who will remotely restart it for you.

**[00:30:13]** Low operating costs.

**[00:30:14]** The costs for charging are,

**[00:30:16]** when you charge 70% of the time somewhere from a socket,

**[00:30:20]** and 30% on the road.

**[00:30:21]** On the road it costs somewhere between 10 to 18 crowns.

**[00:30:26]** If you buy from some brand,

**[00:30:31]** I charged yesterday for 9 crowns,

**[00:30:34]** because my brand offers me charging for 9 crowns per kWh,

**[00:30:40]** simply the median price, the cost,

**[00:30:42]** if journalists then go to Ionity,

**[00:30:47]** they pay the highest tariff, which costs 23 crowns,

**[00:30:49]** and say it's more expensive than diesel cars.

**[00:30:51]** But that's not how an electric car owner behaves.

**[00:30:54]** Why would they go there when they can get a charging card from their brand

**[00:30:58]** and have charging at Ionity for 9 crowns?

**[00:31:00]** That's just weird, right?

**[00:31:02]** So the costs are roughly 40% for operation

**[00:31:07]** and service is about 30%.

**[00:31:11]** We have a Tesla Model 3 at home, I just arrived with it,

**[00:31:15]** it has 83,000 km, and at 80,000 km we went to service for the first time,

**[00:31:19]** because the service is voluntary and not mandatory.

**[00:31:22]** It cost 2280 crowns before tax, after four years.

**[00:31:27]** They replace the cabin filter, which you can replace yourself anyway.

**[00:31:32]** So you can charge it with local energy from photovoltaics,

**[00:31:37]** no smell, no toxic carcinogens, no harmful substances.

**[00:31:39]** That's a crucial thing, a crucial thing,

**[00:31:43]** because, as we will show further,

**[00:31:46]** air pollution from transport is today the biggest pollution for 70% of the population

**[00:31:54]** that we breathe in.

**[00:31:57]** Air pollution.

**[00:31:59]** Cars cause the biggest air pollution,

**[00:32:02]** because 70% of the population lives in cities

**[00:32:04]** and there is no heavy industry in those cities anymore.

**[00:32:07]** It has moved away.

**[00:32:10]** And then we have gas heating,

**[00:32:13]** because we no longer heat with coal either.

**[00:32:16]** Cars, in fact, cause 6 to 10 thousand premature deaths annually in Czechs, Moravians, and Silesians due to respiratory diseases,

**[00:32:21]** because we have an old vehicle fleet,

**[00:32:28]** and because of that, I dare say publicly,

**[00:32:34]** there is organized crime on the side of the technical inspection stations.

**[00:32:37]** You stand in line and wonder,

**[00:32:41]** why is this one overtaking us in the queue?

**[00:32:43]** Well, those are the ones who have a contract with some service.

**[00:32:46]** And if you take your car to the right service,

**[00:32:50]** your car will pass the emissions test.

**[00:32:52]** Wow, a miracle. How is that possible?

**[00:32:54]** How is it possible that in the Czech Republic

**[00:32:56]** we have an average vehicle age

**[00:32:58]** approaching 16 years

**[00:33:00]** and only 2% of cars fail the technical inspection or emissions test.

**[00:33:03]** And in Germany, the average age is 8 years

**[00:33:07]** and 5%, or rather 6%, of cars fail there.

**[00:33:10]** How is that possible?

**[00:33:13]** How is it possible that when we have twice as old cars,

**[00:33:15]** three times as many pass here than there?

**[00:33:18]** That's strange, isn't it?

**[00:33:28]** Then, for example, from every liter of diesel,

**[00:33:31]** you put into your car,

**[00:33:33]** you send four crowns to the war.

**[00:33:35]** You send four crowns for ammunition to Ukraine.

**[00:33:40]** You don't do that with an electric car.

**[00:33:46]** Regarding the myths about electric cars,

**[00:33:48]** I won't address them all here,

**[00:33:50]** there are many, all around.

**[00:33:53]** It's changing, it's changing.

**[00:33:55]** Automotive journalists used to

**[00:33:59]** be happy to support them.

**[00:34:01]** But now the car manufacturers have explained to them,

**[00:34:03]** that if they ever want paid ads from them in their media,

**[00:34:06]** they have to stop, and they did.

**[00:34:08]** So suddenly, even mainstream media,

**[00:34:11]** and outright petrolheads, suddenly speak either neutrally,

**[00:34:14]** or positively about electric cars.

**[00:34:17]** We can leave it to questions,

**[00:34:19]** about how much you see these things,

**[00:34:21]** how much you perceive them as reality,

**[00:34:24]** meaning the myths,

**[00:34:26]** or how much they bother you,

**[00:34:28]** and we can discuss that in the Q&A.

**[00:34:32]** Regarding macro emissions,

**[00:34:34]** because the opposite is easy to say,

**[00:34:36]** well, if you don't start your electric car,

**[00:34:38]** or if you leave it running in front of a kindergarten,

**[00:34:40]** then you don't stink up anyone.

**[00:34:42]** By the way, a single diesel vehicle,

**[00:34:44]** just one,

**[00:34:47]** with a damaged particulate filter,

**[00:34:49]** and you can count many of them

**[00:34:52]** on your fingers and toes every day,

**[00:34:54]** has, please note, ten thousand times higher emissions

**[00:34:57]** of the smallest particulate matter,

**[00:35:00]** which are carcinogenic substances and so on,

**[00:35:03]** than a car with a properly functioning particulate filter.

**[00:35:05]** That's how huge the problem is.

**[00:35:08]** That's how huge the problem is.

**[00:35:12]** Like with the direct emissions from transport.

**[00:35:18]** And when it comes to those macro CO2 emissions,

**[00:35:20]** you have the electric car,

**[00:35:22]** you have the chimney in Valetice,

**[00:35:25]** so what are you going to tell us here,

**[00:35:27]** thanks to how quickly the energy sector is decarbonizing,

**[00:35:31]** and we'll show why it will decarbonize extremely fast,

**[00:35:35]** because for now there is money,

**[00:35:37]** the money is changing, go ahead,

**[00:35:39]** so around 2027,

**[00:35:42]** even the CO2 emissions from transport in the Czech Republic

**[00:35:45]** will be the biggest polluter

**[00:35:47]** also from the perspective of those macro emissions.

**[00:35:49]** We said 8.7 million road motor vehicles,

**[00:35:53]** and about 200 thousand more are added every year.

**[00:35:56]** And if so, one of the myths is

**[00:35:59]** that it's not true that an electric car has lower CO2 emissions over its lifetime than a combustion car.

**[00:36:03]** In every single country on the planet, this is true.

**[00:36:06]** And the emissions, the macro emissions, are dramatically lower,

**[00:36:09]** considering you need to produce it,

**[00:36:13]** including the large battery,

**[00:36:16]** which you need to charge and eventually recycle.

**[00:36:18]** In every single country today, even in Poland, where it is.

**[00:36:21]** And just the material you need to extract somewhere on the other side of the world,

**[00:36:24]** when you give it gasoline or diesel,

**[00:36:28]** gasoline or diesel was not born at the gas station.

**[00:36:34]** By the way, about 20% of the energy is lost on the way from the oil well

**[00:36:38]** before it reaches your tank.

**[00:36:41]** And by the way, every liter of fuel you pump into your combustion car

**[00:36:46]** represents about 1.6 kWh of electrical energy

**[00:36:51]** that was needed along the way to get it into your car.

**[00:36:55]** The gas station is not a perpetuum mobile,

**[00:36:59]** refineries are not perpetuum mobiles, and so on.

**[00:37:01]** So your car, if it consumes 6 liters,

**[00:37:04]** also has nearly 10 kWh of electrical energy consumption.

**[00:37:08]** So your car also has a polluting chimney.

**[00:37:13]** Your combustion car has local emissions,

**[00:37:17]** but it also has indirect ones.

**[00:37:20]** And if the car lasts 250,000 kilometers,

**[00:37:27]** so you've extracted those barrels from the earth,

**[00:37:30]** it might be as big as this little table,

**[00:37:32]** so you would stack them 90 meters high.

**[00:37:35]** And basically, you took this material out of mother earth

**[00:37:40]** and irreversibly stored it in the atmosphere.

**[00:37:44]** Once we get to the point—and we will get there quickly,

**[00:37:49]** where we decarbonize energy,

**[00:37:51]** where electricity comes from renewable or low-emission sources,

**[00:37:56]** then the electric car you buy today,

**[00:37:59]** will be cleaner every single year in terms of CO2 emissions,

**[00:38:04]** because the energy mix is getting cleaner.

**[00:38:07]** And if you decide yourself, which you can,

**[00:38:09]** to buy electricity only from renewable energy sources,

**[00:38:13]** you choose such a supplier, or as we will show later,

**[00:38:17]** you might install solar panels,

**[00:38:19]** you can reduce it by another third, a kind of tipping point,

**[00:38:22]** because it can be easily calculated from the Czech energy mix perspective,

**[00:38:25]** how much we emit today.

**[00:38:27]** When I came with a Tesla Model 3, which has a 75 kWh battery,

**[00:38:31]** if I charged only from a socket,

**[00:38:33]** it takes about 75,000 kilometers to reach the tipping point with that car,

**[00:38:38]** when the rest of its life is more ecological than a combustion car.

**[00:38:42]** It has already reached the point where the emissions

**[00:38:45]** from battery production at the start have been paid off.

**[00:38:49]** But since we have solar panels, even before we had the Tesla,

**[00:38:53]** we reached about 50,000 kilometers,

**[00:38:57]** and the car has 82,000 kilometers.

**[00:38:59]** So the car can last a million kilometers. No joke.

**[00:39:05]** Tesla has enough data because they've made, I don't know,

**[00:39:09]** they will approach five million cars, where after 200,000 miles,

**[00:39:14]** which is 320,000 kilometers,

**[00:39:18]** the average battery degradation is up to 8%.

**[00:39:21]** After 300,000 kilometers, the battery still has 92% of its original capacity.

**[00:39:27]** So the newest cars with batteries, no.

**[00:39:31]** Lithium, nickel, manganese, cobalt.

**[00:39:34]** You hear about these metals because of the kids in Africa.

**[00:39:38]** But actually, the best-selling electric cars today use,

**[00:39:42]** lithium, iron, phosphate.

**[00:39:44]** That sounds like metals or elements that are...

**[00:39:48]** And those batteries actually don't catch fire.

**[00:39:50]** And they have twice the lifespan.

**[00:39:53]** They'll be like a million-mile cars.

**[00:39:57]** We said about engines that there's nothing to go wrong there.

**[00:40:00]** Like immortal cars, electric vehicles.

**[00:40:05]** And something like

**[00:40:08]** what you said again in terms of rationalization,

**[00:40:12]** in terms of rationalization, the automotive industry

**[00:40:15]** actually wants to preserve,

**[00:40:17]** to amortize the costs of combustion engines,

**[00:40:21]** so now they're pushing for us to have

**[00:40:25]** synthetic fuels.

**[00:40:27]** So that somewhere in Chile, from wind turbines,

**[00:40:29]** we produce hydrogen,

**[00:40:32]** and then mix it,

**[00:40:35]** to create

**[00:40:37]** synthetic fuel that tankers will bring to Europe,

**[00:40:40]** so we can drive here again.

**[00:40:42]** So local emissions will still be the same problem.

**[00:40:45]** This actually solves nothing,

**[00:40:47]** nitrogen emissions and so on,

**[00:40:49]** we would still be burning something,

**[00:40:51]** locally, yes.

**[00:40:53]** And forget about it,

**[00:40:55]** the tanker, the energy cost and so on,

**[00:40:57]** it just doesn't make sense again.

**[00:40:59]** It's just wishful thinking.

**[00:41:01]** And hydrogen is the same in transport.

**[00:41:03]** Hydrogen has no chance.

**[00:41:05]** Simply no chance,

**[00:41:07]** because physics is against it,

**[00:41:09]** and therefore economics.

**[00:41:11]** Because if you can take clean electricity

**[00:41:14]** and charge a battery,

**[00:41:16]** 75% of the energy from the panels

**[00:41:18]** gets straight to the motor in the front.

**[00:41:20]** When you, when you produce electricity from photovoltaic panels,

**[00:41:23]** first you produce

**[00:41:25]** hydrogen at 50% efficiency,

**[00:41:27]** then you have to compress it

**[00:41:29]** to many bars,

**[00:41:31]** then you have to move it somewhere to the filling station,

**[00:41:33]** pressurize it to 700 bars,

**[00:41:35]** then push it into the car,

**[00:41:37]** where you produce electricity from it with 50% efficiency,

**[00:41:39]** so you only get 25% of the energy back.

**[00:41:42]** That means, by definition,

**[00:41:44]** it has to be three times more expensive than charging directly from photovoltaics.

**[00:41:47]** And the economics completely kill it.

**[00:41:49]** Hydrogen is a wishful thinking again,

**[00:41:51]** but the rational,

**[00:41:55]** strong distribution lobby says,

**[00:41:58]** hydrogen is the way,

**[00:42:00]** we as a society must invest in it,

**[00:42:02]** because they want to keep control,

**[00:42:06]** after all, so that Staněk charges at home

**[00:42:08]** damn it, from a regular socket.

**[00:42:10]** What would they get from that?

**[00:42:12]** They need him to go to the gas station,

**[00:42:14]** which is ours.

**[00:42:16]** And for the hydrogen.

**[00:42:18]** So it just doesn't

**[00:42:20]** play into their hands at all.

**[00:42:22]** Yeah, you can drive far.

**[00:42:24]** We were in southern Italy,

**[00:42:26]** we were in Spain.

**[00:42:28]** You basically enter your destination into the car,

**[00:42:30]** and it guides you through charging stations,

**[00:42:32]** telling you how many charging spots are free.

**[00:42:34]** Often there are about 20 today.

**[00:42:36]** It tells you if you can get refreshments there.

**[00:42:38]** And if by chance, you start driving,

**[00:42:40]** drive for three hours,

**[00:42:42]** and after an hour it tells you,

**[00:42:44]** when I planned your stop,

**[00:42:46]** all 16 of 16 spots are occupied,

**[00:42:48]** I'm replanning,

**[00:42:50]** we'll stop half an hour earlier.

**[00:42:52]** You drive, drive, another half hour,

**[00:42:58]** and it says, well, a spot has opened up for you,

**[00:43:00]** we go to the place I originally planned,

**[00:43:02]** you arrive there, it’s there,

**[00:43:04]** six free spots, you charge,

**[00:43:06]** and you go.

**[00:43:08]** I have driven 300,000 kilometers in an electric car,

**[00:43:10]** I’d say that in 99% of cases,

**[00:43:12]** you don’t have to wait,

**[00:43:14]** for example, when we drove from Rome this year,

**[00:43:16]** on a Saturday in July,

**[00:43:18]** when your shifts change to vacation shifts and so on,

**[00:43:20]** we once,

**[00:43:22]** over a distance, well,

**[00:43:24]** we unexpectedly set a record that we drove

**[00:43:26]** 1,530 kilometers in one day,

**[00:43:28]** charging four times,

**[00:43:30]** and not with this car, with another car,

**[00:43:32]** a Ford Mustang Mach E,

**[00:43:34]** and once we waited

**[00:43:36]** four minutes,

**[00:43:38]** because there were six stalls, but two didn’t work,

**[00:43:40]** and the four were occupied, so I called,

**[00:43:42]** asking why it wasn’t working, they said, well, sorry,

**[00:43:44]** a technician will come tomorrow, you have to wait,

**[00:43:46]** so we waited four minutes and that was the wait.

**[00:43:48]** So, we are completely,

**[00:43:50]** we are basically the stronghold of the fact that,

**[00:43:52]** we have here,

**[00:43:54]** we like here,

**[00:43:56]** we had a president for a long time who,

**[00:43:58]** catered to the fossil lobby,

**[00:44:00]** so we simply are,

**[00:44:02]** surprisingly, because for example,

**[00:44:04]** in technology, like for example,

**[00:44:06]** we are here in the hall of mobile technologies,

**[00:44:08]** we were big

**[00:44:10]** early adopters among European nations. So how is it possible,

**[00:44:18]** that there is some technology where we are completely behind,

**[00:44:20]** well, because here we have a big

**[00:44:22]** automotive lobby, or

**[00:44:24]** a strong automotive presence,

**[00:44:26]** and a big fossil lobby, so we

**[00:44:28]** can shake hands with Slovakia,

**[00:44:30]** we are basically the biggest polluters

**[00:44:32]** in Europe when it comes to emissions

**[00:44:34]** from new cars, which relates

**[00:44:36]** to the fact that electric cars simply aren't sold here.

**[00:44:38]** And

**[00:44:40]** in the Czech Republic,

**[00:44:42]** by mid this year,

**[00:44:44]** 2.6% are pure

**[00:44:46]** battery electric, no plug-in hybrids.

**[00:44:48]** Plug-in hybrids are not electric cars.

**[00:44:50]** It's a complex combustion car

**[00:44:52]** and it has all the disadvantages when you

**[00:44:54]** combine the technologies, so it has all the

**[00:44:56]** disadvantages of both technologies combined.

**[00:44:58]** It's heavy,

**[00:45:00]** you have a bad center of gravity, it's very front-heavy

**[00:45:02]** and high up, and also heavy in the back and high up, so

**[00:45:04]** the safety of the car in

**[00:45:06]** moose tests is a complete disaster.

**[00:45:08]** Of course, the dealership

**[00:45:10]** will be very eager to push it on you because

**[00:45:12]** most often you'll be driving a plug-in hybrid,

**[00:45:14]** because it's a complex

**[00:45:16]** car. When you drive in

**[00:45:18]** electric mode, it has an incredible consumption.

**[00:45:20]** Now it doesn't have heat pumps,

**[00:45:22]** so in winter it has less than half the range.

**[00:45:24]** But it is

**[00:45:26]** the best-selling.

**[00:45:28]** Premium brands have

**[00:45:30]** and sell plug-in hybrids,

**[00:45:32]** because it was lobbied that they get

**[00:45:34]** an EL badge, which means they get free

**[00:45:36]** parking in Prague, so

**[00:45:38]** there we have those big 2.7

**[00:45:40]** heavy SUVs that

**[00:45:42]** quite deliberately never

**[00:45:44]** charge from a socket, but they have

**[00:45:46]** an electric badge and that's it.

**[00:45:48]** So plug-in hybrids

**[00:45:50]** are also, for me personally,

**[00:45:52]** a dead end, because they

**[00:45:54]** actually cost the same as electric cars.

**[00:45:56]** Why? What's the point?

**[00:45:58]** And actually, even Škoda says,

**[00:46:00]** we tried it,

**[00:46:02]** but that's not the way forward.

**[00:46:04]** So in Europe,

**[00:46:06]** average sales were

**[00:46:08]** just under 13%

**[00:46:10]** and this year it's estimated to be about 15%.

**[00:46:12]** What's interesting is

**[00:46:14]** that in Europe,

**[00:46:16]** people actually

**[00:46:18]** support it more,

**[00:46:20]** maybe it's supported by

**[00:46:22]** my...

**[00:46:24]** that these are consumers who want

**[00:46:26]** to do something about it. And by the way,

**[00:46:28]** it's a critical mass

**[00:46:30]** of European consumers,

**[00:46:32]** who vote for

**[00:46:34]** politicians who go

**[00:46:36]** to the European Parliament,

**[00:46:38]** and the result, the European Commission

**[00:46:40]** and its policies are the result

**[00:46:42]** of the wishes

**[00:46:44]** of European voters.

**[00:46:46]** What Czech

**[00:46:48]** politicians say, who by the way,

**[00:46:50]** Mr. Babiš was the one who signed the Green Deal,

**[00:46:52]** is that the European Commission is pushing something on us here,

**[00:46:54]** that's just

**[00:46:56]** our perspective

**[00:46:58]** here in the local world.

**[00:47:02]** We have a large photovoltaic system,

**[00:47:04]** two photovoltaic systems at home and we also have

**[00:47:06]** a large energy storage,

**[00:47:08]** so we are

**[00:47:10]** basically as a household, when it comes to running

**[00:47:12]** the household, we are basically year-round

**[00:47:14]** more or less self-sufficient.

**[00:47:16]** And we are not self-sufficient because

**[00:47:18]** we need to generate some heat,

**[00:47:20]** we switched from gas

**[00:47:22]** to heat pumps, this is a picture

**[00:47:24]** from yesterday morning, which I

**[00:47:26]** prepared for a presentation,

**[00:47:28]** and

**[00:47:30]** what's interesting is that in the Czech Republic

**[00:47:32]** we have something made for photovoltaics

**[00:47:34]** that looks like a refrigerator,

**[00:47:36]** it contains the inverter and so on,

**[00:47:38]** and at the same time it actually

**[00:47:40]** has batteries from an electric car

**[00:47:42]** and they are quite large,

**[00:47:44]** from an unnamed Czech

**[00:47:46]** electric car.

**[00:47:48]** The idea is that these will one day be

**[00:47:50]** second life batteries,

**[00:47:52]** but right now they are first life batteries that didn't pass

**[00:47:54]** the entire process, when they are manufactured,

**[00:47:56]** so during

**[00:47:58]** the production process,

**[00:48:00]** I think it takes 4 seconds to take one

**[00:48:02]** of these modules,

**[00:48:04]** and if during

**[00:48:06]** quality control they conclude that

**[00:48:08]** something is wrong,

**[00:48:10]** they need to dispose of the whole thing in an ecological way,

**[00:48:12]** and this is the whole production process,

**[00:48:14]** and there are a lot of these

**[00:48:16]** first life batteries here already,

**[00:48:18]** I won't say more details.

**[00:48:20]** So it's like

**[00:48:22]** a second life, but actually

**[00:48:24]** they are like first life batteries.

**[00:48:26]** So I

**[00:48:28]** was invited by a large unnamed

**[00:48:30]** car manufacturer

**[00:48:32]** in February 2020,

**[00:48:34]** along with many others who had something to say

**[00:48:36]** about electromobility,

**[00:48:38]** and

**[00:48:40]** at that time they invited

**[00:48:42]** about 600

**[00:48:44]** just under 600 people who could come

**[00:48:46]** to workshops on

**[00:48:48]** electromobility from management,

**[00:48:50]** from the highest management, because they realized they had a big problem,

**[00:48:52]** as the saying goes,

**[00:48:54]** the north is electromobility,

**[00:48:56]** but most of that management hadn't understood it.

**[00:48:58]** So they tried to do something about it,

**[00:49:00]** about their mindset.

**[00:49:02]** And this caught my attention when I came back to it,

**[00:49:04]** because I told them,

**[00:49:06]** look, your

**[00:49:08]** senior manager publicly said

**[00:49:10]** that once you try an electric car,

**[00:49:12]** there is no way back.

**[00:49:14]** There is no going back.

**[00:49:16]** What I told you, I say for myself, right?

**[00:49:18]** And I also told them

**[00:49:20]** three and a half years ago.

**[00:49:22]** This is bigger than you.

**[00:49:24]** It's a global

**[00:49:26]** megatrend.

**[00:49:28]** You can't kill it.

**[00:49:30]** You can't stop it.

**[00:49:32]** And this is an example of General Motors, which once

**[00:49:34]** had

**[00:49:36]** at that time a top electric car

**[00:49:40]** And they themselves kind of killed that car from within.

**[00:49:42]** Because they were actually afraid of it.

**[00:49:44]** How much people actually loved it,

**[00:49:46]** and how good that car was.

**[00:49:48]** And they were afraid of the status quo.

**[00:49:50]** This was even before Tesla.

**[00:49:52]** And I told them back then,

**[00:49:54]** three and a half years ago.

**[00:49:56]** It's up to you whether you take it as an opportunity

**[00:49:58]** or a threat.

**[00:50:00]** And this is the reason. This is why you don't change.

**[00:50:05]** Because technologies have exponential, those S-curves, and technology adoption is exponential.

**[00:50:12]** And they keep accelerating.

**[00:50:14]** How long it took before we all had, like, on the table,

**[00:50:20]** or at home, those landline phones—it took 60 years.

**[00:50:23]** How long it took before we all had radios?

**[00:50:25]** How long it took before we all had televisions?

**[00:50:28]** How long it took before we all had smartphones?

**[00:50:31]** Those were units of decades, tablets, and so on.

**[00:50:35]** And here too, within about 20 years from when the first electric cars started,

**[00:50:41]** nothing else will be sold.

**[00:50:44]** And now the exponential phase begins and it will roll.

**[00:50:47]** It will be such a ride in the coming decades,

**[00:50:50]** that not a stone will be left unturned.

**[00:50:52]** And actually, I said, you can either say,

**[00:50:54]** who cares what anyone says to us.

**[00:50:56]** We are in charge of the automotive industry.

**[00:51:00]** We are the top in the world.

**[00:51:05]** And who is some Tesla with the Chinese going to tell us what to do?

**[00:51:09]** And I think there are textbook examples now

**[00:51:12]** of those Nokia moments that will happen in the automotive industry

**[00:51:16]** in the next few years.

**[00:51:18]** Or you will be humble and say,

**[00:51:22]** this is something bigger than us,

**[00:51:26]** and let's adapt to this trend.

**[00:51:29]** And you will create value.

**[00:51:31]** And you will turn that company into a firm

**[00:51:33]** that is here for the future.

**[00:51:35]** And this is how I showed you.

**[00:51:37]** And now it's up to you which pill you take.

**[00:51:40]** So I was lecturing when they announced

**[00:51:42]** what they would name it.

**[00:51:44]** The first purely electric car, not a converted combustion engine car.

**[00:51:48]** That's when they announced the name.

**[00:51:50]** They still don't have any other car.

**[00:51:52]** It's been three and a half years and they still have only one model.

**[00:51:55]** And back then I told them,

**[00:51:57]** if you want to be successful,

**[00:51:59]** you have to build a top-notch electric car.

**[00:52:01]** No converted combustion engines.

**[00:52:03]** They pretty much succeeded in that.

**[00:52:05]** They didn't quite manage minimum wait times.

**[00:52:07]** It's quite an aerodynamic car.

**[00:52:09]** They're working on having an efficient drive system.

**[00:52:12]** And this is kind of standard.

**[00:52:17]** Charging speed could be significantly better.

**[00:52:20]** Design is a matter of taste.

**[00:52:22]** Practically, it's absolutely state of the art.

**[00:52:25]** And here they really, really failed.

**[00:52:29]** Like really badly.

**[00:52:31]** They don't even realize it.

**[00:52:33]** And these early adopters,

**[00:52:36]** mostly people from the tech world,

**[00:52:39]** when you tell them you have a car

**[00:52:42]** and over the year you'll have updates,

**[00:52:45]** they compare it to other cars that don't have over-the-air updates now,

**[00:52:48]** which says a lot about how technologically outdated

**[00:52:51]** that automaker is.

**[00:52:54]** And this is what I told them.

**[00:52:56]** Software and user experience will be absolutely paramount.

**[00:53:00]** That's where things will break or succeed.

**[00:53:03]** I told them this about six months ago.

**[00:53:06]** And here I predicted

**[00:53:09]** that by the end of the decade everything will be different.

**[00:53:12]** And now, who could be the winners?

**[00:53:15]** I think it could be Tesla, with a question mark,

**[00:53:18]** because the first mover isn't always the one

**[00:53:21]** who actually wins. We'll see.

**[00:53:24]** But Tesla has the ambition, if today the biggest automaker

**[00:53:27]** on the planet, Toyota, produces 10 million cars a year,

**[00:53:30]** So they have the ambition to produce 20 million cars annually.

**[00:53:33]** They say it's a stretch target,

**[00:53:36]** but I think they'll probably reach 10 million.

**[00:53:39]** So I was really betting on the Koreans.

**[00:53:42]** The Chinese company BYD,

**[00:53:45]** which this year will likely surpass Tesla,

**[00:53:48]** or come very close in terms of

**[00:53:51]** how many pure battery electric vehicles they produce.

**[00:53:58]** Volkswagen Group, BMW, Mercedes.

**[00:54:01]** I think it's unlikely

**[00:54:04]** that all three will survive until the end of the decade in the current setup.

**[00:54:07]** All three. It seems unlikely to me.

**[00:54:10]** Though I would like that to happen.

**[00:54:13]** PSA, Renault, Stellantis and so on,

**[00:54:16]** they're completely screwed.

**[00:54:19]** They're totally behind technologically.

**[00:54:22]** And the Japanese are a textbook example.

**[00:54:25]** It's arrogance, like the Nokia example.

**[00:54:28]** Now let's move back to the present day.

**[00:54:31]** When do you think global sales will surpass

**[00:54:34]** battery electric vehicles only,

**[00:54:37]** with no plug-in hybrids or combustion cars included.

**[00:54:40]** In which years?

**[00:54:43]** Try to guess again.

**[00:54:46]** This is just an opinion.

**[00:54:49]** I'll show you some estimates later.

**[00:54:52]** We can be 100% sure

**[00:54:55]** that those estimates won't be accurate,

**[00:54:58]** but they are some kind of estimates.

**[00:55:01]** Typically, when experts try to estimate something,

**[00:55:05]** they usually have less accuracy

**[00:55:08]** than if a monkey flipped a coin.

**[00:55:24]** I'll make an exception here and wait for your guesses.

**[00:55:27]** So here you guess, 50% of you think

**[00:55:31]** it will be between 2033 and 2035.

**[00:55:36]** We have in mind that by 2035,

**[00:55:39]** combustion cars should be banned in Europe.

**[00:55:43]** So maybe that's an anchor.

**[00:55:46]** And 19% of you think it will be between 2026 and 2028.

**[00:55:49]** 20% think so.

**[00:55:52]** So 71 voters.

**[00:55:55]** Let's move on.

**[00:56:01]** I've actually already touched on this.

**[00:56:04]** We live in an exponential era,

**[00:56:07]** where we adopt exponentially,

**[00:56:10]** and now the war has significantly accelerated it,

**[00:56:13]** we are adopting renewable energy sources, photovoltaics.

**[00:56:17]** Last year, I think we installed 300 megawatt-hours

**[00:56:23]** of new photovoltaic sources,

**[00:56:26]** but we might reach a gigawatt.

**[00:56:30]** It's actually desirable that by the end of the decade we do about 16 gigawatts,

**[00:56:35]** installing renewable sources.

**[00:56:38]** China installs one gigawatt daily. Every day.

**[00:56:42]** They install daily what would take us three years last year.

**[00:56:48]** They actually install more renewable energy sources

**[00:56:52]** than the rest of the world combined.

**[00:56:55]** Today, China is also the largest car manufacturer on the planet.

**[00:56:59]** It is also the largest car market on the planet.

**[00:57:02]** And today it is the largest car exporter on the planet.

**[00:57:06]** They have overtaken Germany and Japan.

**[00:57:09]** And since we are here in the exponential curve of electric vehicle sales,

**[00:57:14]** we will show that later, but also,

**[00:57:17]** because panel prices are dropping radically.

**[00:57:22]** Since last year, photovoltaic panel prices have dropped by half.

**[00:57:26]** Again.

**[00:57:28]** The year before that there was a slight upward correction,

**[00:57:31]** because after COVID there was a shortage.

**[00:57:34]** There was high demand, expensive shipping.

**[00:57:37]** But actually, I know that over the last decade the price has dropped

**[00:57:40]** to less than 10% of what it cost a decade ago.

**[00:57:43]** And that is the economy, that is the leverage.

**[00:57:46]** Today it is cheaper to build renewable energy sources.

**[00:57:50]** And on top of that, it is a highly refined craft,

**[00:57:54]** where you can predict down to the day,

**[00:57:57]** when the work will be finished and exactly know the budget.

**[00:58:02]** It is completely the opposite of building a nuclear core,

**[00:58:05]** a nuclear power plant, where you can with 100% certainty,

**[00:58:10]** no joke, with 100% certainty rely on

**[00:58:14]** it taking many years longer, with 100% certainty,

**[00:58:18]** and costing three times as much as they tell us today.

**[00:58:22]** With 100% certainty. There, the three times, I'm not saying from that.

**[00:58:25]** But you can rely on 100% certainty,

**[00:58:28]** because we actually have no know-how here at all.

**[00:58:31]** You are doing a project that you are actually planting on a green meadow

**[00:58:34]** into the complete, yeah, but there is also a big desire here,

**[00:58:37]** because building a nuclear power plant has such huge corruption potential,

**[00:58:40]** that the narrative is,

**[00:58:43]** that you are building nuclear plants that won't help us at all

**[00:58:46]** with any climate changes, if we took that money

**[00:58:49]** and built wind turbines and photovoltaics,

**[00:58:52]** and finally the small-mindedness stopped blocking us,

**[00:58:55]** so that we can legally have energy storage in the Czech Republic,

**[00:59:00]** when for three years we have not complied with European legislation,

**[00:59:06]** which we signed as a commitment,

**[00:59:10]** that we will have legislation supporting energy accumulation,

**[00:59:13]** which is simply essential for synergy with renewable energy sources.

**[00:59:17]** So this is a fundamental bottleneck, a fundamental change in energy.

**[00:59:24]** And here we see the exponential growth that this year we will reach

**[00:59:29]** somewhere around pure battery electric vehicles,

**[00:59:32]** which will be about 15% of global sales.

**[00:59:35]** In the Czech Republic 3% and worldwide 15%.

**[00:59:38]** So we are three, four years behind in the Czech Republic.

**[00:59:41]** But that doesn't matter, it will happen, it will catch up.

**[00:59:45]** Every year the International Energy Agency actually updates this,

**[00:59:52]** I don't believe I'm saying E correctly,

**[00:59:55]** like the outlook, but in reality you see how exponential it is.

**[00:59:58]** It will be much steeper than what they say.

**[01:00:00]** They predict, because...

**[01:00:03]** And what also happened is, instead of,

**[01:00:06]** there being inflation, car manufacturers

**[01:00:09]** used the situation that the supply chain broke down and actually significantly, as an oligopoly,

**[01:00:12]** raised car prices. And their profitability significantly increased.

**[01:00:15]** And that didn't come with some...

**[01:00:19]** They abused the situation, so their profitability

**[01:00:22]** remained much higher than inflation.

**[01:00:25]** That means they should now be

**[01:00:28]** in economic condition to invest in

**[01:00:31]** making the turn.

**[01:00:34]** Because what awaits them is the valley of death.

**[01:00:40]** The number of sales will drop quickly,

**[01:00:43]** because the peak sales of combustion cars

**[01:00:46]** were in 2017.

**[01:00:49]** And since then, they have been declining.

**[01:00:52]** They are just declining. Every year, the number of

**[01:00:55]** combustion cars sold goes down. And we are starting to see

**[01:00:58]** an exponential growth in the sales

**[01:01:01]** of electric cars.

**[01:01:04]** And today, they are reaching such a peak level,

**[01:01:07]** that many customers

**[01:01:10]** say, yes, this is what I want,

**[01:01:13]** but not at the price it costs today.

**[01:01:16]** They will wait. They won’t buy

**[01:01:19]** another combustion car. They will wait until the electric car

**[01:01:22]** is at a price that fits their budget.

**[01:01:25]** And that’s why there will be this valley of death.

**[01:01:28]** So there are some predictions,

**[01:01:31]** that by 2030,

**[01:01:34]** we will be at 60 plus percent

**[01:01:37]** or just under 90 percent adoption

**[01:01:40]** of electric cars worldwide.

**[01:01:43]** And here is the range, where predictions say

**[01:01:46]** that between 2026 and 2028,

**[01:01:50]** sales of new

**[01:01:53]** battery electric vehicles will surpass combustion car sales.

**[01:02:04]** And a key phenomenon will be,

**[01:02:07]** that, here I created an image with AI,

**[01:02:10]** that basically nothing will remain

**[01:02:13]** intact in the automotive industry,

**[01:02:16]** because a huge strong player is coming.

**[01:02:19]** I was typing this last night,

**[01:02:22]** these are just news from the last two days,

**[01:02:25]** that BYD, which I mentioned,

**[01:02:28]** I think I would bet on them to be one of the winners

**[01:02:31]** by the end of this decade, is entering the Hungarian market

**[01:02:34]** with three electric cars.

**[01:02:37]** So if they are in Hungary, it’s only a matter of time

**[01:02:40]** before they come to the Czech Republic and other countries as a major player.

**[01:02:50]** Then you have electric cars,

**[01:02:53]** which is exactly what we need on the market,

**[01:02:56]** that cost 200 thousand crowns.

**[01:02:59]** In China, that's about 8,500 dollars.

**[01:03:02]** But what's scary is that they actually announce,

**[01:03:05]** and this is not... European carmakers

**[01:03:08]** are showing us now, which really hits

**[01:03:12]** us hard, they show us clay models

**[01:03:15]** and promise something will happen in 2025,

**[01:03:18]** and 6, and 7, and 8.

**[01:03:21]** Like, don't worry, we're working on it,

**[01:03:24]** and for now, we'll show you clay models.

**[01:03:27]** In China, every single day they launch

**[01:03:30]** top-tier cars with original designs.

**[01:03:33]** These are their fresh designs.

**[01:03:36]** Top-notch craftsmanship,

**[01:03:40]** and top technological specs,

**[01:03:43]** because they have access to batteries,

**[01:03:46]** to comfortable units, to inverters,

**[01:03:49]** and they have huge production capacity.

**[01:03:52]** And also, if we wanted to point fingers at them,

**[01:03:55]** because they might be scruffy, they might actually

**[01:03:58]** become CO2 neutral or decarbonize their energy

**[01:04:01]** much earlier than we will.

**[01:04:04]** Because the life of the country is actually

**[01:04:07]** because the life of the country has

**[01:04:10]** those totalitarian traits,

**[01:04:13]** but it also has the capability.

**[01:04:16]** Some things behave like

**[01:04:19]** an absolute monarchy,

**[01:04:22]** which is the best form of government.

**[01:04:25]** They simply say when there's a real problem,

**[01:04:28]** when they lifted 800 million people from poverty to the middle class,

**[01:04:31]** that middle class doesn't want to die alive in their cities.

**[01:04:34]** So for them today, a key issue is

**[01:04:37]** that the country will be green and the sky will be blue.

**[01:04:40]** They have basically adopted the Green Deal as their own.

**[01:04:43]** And at the pace they're going, they might very well,

**[01:04:46]** maybe next year meet the plan,

**[01:04:49]** they had regarding the adoption of photovoltaics and wind,

**[01:04:52]** which they had planned for the year 2030.

**[01:04:55]** So this pace, when they decide to do something,

**[01:04:58]** is a country we should probably be afraid of,

**[01:05:02]** absolutely, but what we should really fear,

**[01:05:06]** is when it comes to the automotive industry.

**[01:05:09]** By the way, when we said that in Europe it's around 14%,

**[01:05:12]** in the Czech Republic 3%, in September it was 24% in China.

**[01:05:18]** 24% of all newly purchased electric cars, new cars,

**[01:05:22]** were pure battery electric vehicles.

**[01:05:26]** And now, looking into the future,

**[01:05:29]** if I looked into a crystal ball,

**[01:05:32]** somewhere around 2007, 2008,

**[01:05:36]** they will already be in all main categories,

**[01:05:39]** like something like Fabia, something like Octavia,

**[01:05:42]** something like Golf, something like those very popular,

**[01:05:45]** SUVs, all electric,

**[01:05:48]** those cars will be the same price or cheaper than combustion cars.

**[01:05:52]** And if I have three times cheaper operation,

**[01:05:55]** and from the user experience perspective it's better,

**[01:05:58]** then why would anyone buy anything else?

**[01:06:01]** And the growth of charging infrastructure,

**[01:06:04]** I said that at 2% utilization, we will definitely experience

**[01:06:07]** some teething problems, like on a July Saturday,

**[01:06:11]** maybe the wait will be much longer than 4 minutes,

**[01:06:14]** we will definitely go through that.

**[01:06:16]** There will be fluctuations, first,

**[01:06:18]** we'll have a problem of too few electric cars and too many chargers.

**[01:06:21]** And then it will flip and we'll have too few chargers again.

**[01:06:24]** Like today, they were digging a cable in front of our house

**[01:06:28]** for optical internet and said,

**[01:06:32]** we don't have to ask you at all,

**[01:06:34]** you don't have to agree.

**[01:06:37]** This is critical state infrastructure.

**[01:06:39]** No long permits.

**[01:06:41]** There will simply be a cable installed, period.

**[01:06:43]** And this needs to happen with charging infrastructure,

**[01:06:46]** not that it takes three years

**[01:06:48]** for someone somewhere to approve a wallbox on the street.

**[01:06:50]** That's just wrong.

**[01:06:52]** This is critical infrastructure.

**[01:06:54]** We need lamps, so we'll need them there,

**[01:06:56]** so that wallboxes can be installed.

**[01:06:58]** And this will happen soon, these will become the go-to zones

**[01:07:00]** for renewable energy sources,

**[01:07:02]** not that it will take 10 years to get wind turbines approved.

**[01:07:04]** It will simply be approved within a year.

**[01:07:06]** And if it's not approved, it will be considered as approved.

**[01:07:08]** And emission permits from 2027,

**[01:07:10]** just like today for coal and gas,

**[01:07:12]** will also apply to burning diesel.

**[01:07:14]** Or gasoline.

**[01:07:16]** So gasoline will start to get more expensive.

**[01:07:18]** Electricity will get cheaper.

**[01:07:22]** In summer during the day, or rather,

**[01:07:24]** from March to September,

**[01:07:26]** electricity prices will drop to near zero during the day.

**[01:07:28]** And most cars are parked during the day.

**[01:07:34]** Plus, and this is a big storage,

**[01:07:38]** if we ever have six million electric cars,

**[01:07:40]** then in those batteries,

**[01:07:44]** in those electric cars,

**[01:07:46]** 93, what's it called,

**[01:07:48]** Long Slope Pumped Storage.

**[01:07:50]** Long Slope.

**[01:07:52]** We'll have such huge storage

**[01:07:54]** in those cars.

**[01:07:56]** Not only will they destabilize the grid,

**[01:07:58]** they will help stabilize it.

**[01:08:00]** The electric grid.

**[01:08:02]** And social norms are changing.

**[01:08:04]** I think, just like

**[01:08:06]** many of us remember,

**[01:08:08]** when we were in elementary school,

**[01:08:10]** people smoked in the staff room

**[01:08:12]** and in the offices, and it was normal.

**[01:08:14]** In places where children were,

**[01:08:16]** people just smoked.

**[01:08:18]** And it was normal because it was the norm.

**[01:08:20]** It was normal to smoke.

**[01:08:24]** We all remember how it was in restaurants.

**[01:08:26]** Those of us who don't smoke, how we got home,

**[01:08:28]** we got scolded.

**[01:08:30]** And today that doesn't exist.

**[01:08:32]** Do whatever you want with your health,

**[01:08:34]** but don't drag us into it.

**[01:08:36]** But with that car,

**[01:08:40]** it's actually like...

**[01:08:44]** I don't want those classic things, that cocktail

**[01:08:46]** from my exhaust.

**[01:08:48]** But you, who come after me, that's your problem.

**[01:08:50]** I don't care.

**[01:08:52]** And this regulation will change.

**[01:08:54]** It will be simply absurd that someone can freely buy a gas-guzzler

**[01:08:56]** with a combustion engine.

**[01:08:58]** And that it will be normal, that it doesn't happen.

**[01:09:00]** And in my opinion, European carmakers

**[01:09:02]** will face big existential problems.

**[01:09:04]** Not all of them, but I think most.

**[01:09:06]** And I think the disruption will start

**[01:09:08]** in autonomous driving,

**[01:09:10]** which I believe will be the biggest and fastest disruption

**[01:09:12]** in freight transport.

**[01:09:14]** And that's it. Today, after six years,

**[01:09:16]** when you drive an electric car

**[01:09:18]** and you see that exhaust laughing at you like that,

**[01:09:20]** I feel like they might as well

**[01:09:22]** stick the middle finger on that car.

**[01:09:24]** I don't care.

**[01:09:26]** I don't want to breathe it, but enjoy it.

**[01:09:28]** And in my opinion,

**[01:09:30]** I'll keep it short,

**[01:09:32]** the recipe

**[01:09:34]** for the survival of European carmakers

**[01:09:36]** is actually simple.

**[01:09:38]** They know it,

**[01:09:40]** but the political, bureaucratic

**[01:09:42]** and trade union organizations

**[01:09:44]** won't be able to do it.

**[01:09:46]** It's simply necessary to dramatically reduce costs,

**[01:09:48]** speed up the innovation cycle at least three times,

**[01:09:50]** brutally implement

**[01:09:52]** robotization, automation,

**[01:09:54]** form a strategic partnership.

**[01:09:56]** Why do I say that?

**[01:09:58]** If you can't build that car...

**[01:10:00]** then you'll probably have to collaborate with someone who can build it.

**[01:10:03]** Because you've spent a few years on it and clearly it's not working.

**[01:10:07]** In my opinion, decision-making must be completely agile.

**[01:10:10]** Tesla is operating in Brno, Tesla will have, is opening an office,

**[01:10:14]** like Tesla the car company has one in Prague and now will have one in Brno too.

**[01:10:17]** And the guy invited me, saying he just wants to show me around,

**[01:10:20]** and he said, look, he was in diplomatic service

**[01:10:24]** and was totally like Alice in Wonderland.

**[01:10:27]** They said, to succeed, you need to have enough cars

**[01:10:31]** that you can sell and a credit card, the rest is up to you.

**[01:10:35]** This is a company with 120,000 employees

**[01:10:39]** and they give this kind of decision-making power to a guy

**[01:10:43]** who is 30 years old and a flagship Tesla showroom will be built in Brno,

**[01:10:49]** it will be a European showcase,

**[01:10:52]** because they will make beautiful car showrooms in Brno.

**[01:10:56]** They give this kind of decision-making power to a guy.

**[01:10:59]** You have a credit card and don't ask us too much.

**[01:11:02]** Rather ask us...

**[01:11:04]** Better be sorry than...

**[01:11:06]** Ask for forgiveness rather than permission.

**[01:11:11]** And they won't be able to do this.

**[01:11:13]** They won't be able to do this.

**[01:11:15]** These dramatic changes won't happen at this car company.

**[01:11:19]** Top-down management, they won't be able to do it.

**[01:11:21]** So the problem is...

**[01:11:23]** We have top engineers here,

**[01:11:25]** some of the best minds on the planet,

**[01:11:28]** but this, we are killing ourselves,

**[01:11:31]** it's a systemic problem.

**[01:11:33]** Because the Chinese iterate so fast and Tesla,

**[01:11:38]** you can't catch up.

**[01:11:40]** Not at the pace we're used to here in Europe.

**[01:11:44]** I was just talking at a conference with a woman,

**[01:11:47]** who was there for five and a half years, returned from China and said,

**[01:11:50]** When it comes to Europe, it's like slow motion here.

**[01:11:55]** Like a slow-motion film.

**[01:11:58]** We're here on the laurels, enjoying prosperity.

**[01:12:05]** And professionally, what we're trying to do with it,

**[01:12:09]** is that we invest in tech startups,

**[01:12:12]** because we believe Europe needs engineering capital

**[01:12:17]** to leverage the fact that we build and innovate here.

**[01:12:20]** And innovations don't come from big

**[01:12:23]** political, bureaucratic corporations,

**[01:12:26]** but from small, fast players,

**[01:12:29]** which the big ones have to buy.

**[01:12:32]** And professionally, what we do is invest

**[01:12:35]** in tech startups, mostly software,

**[01:12:38]** except for comparable resources or automotive

**[01:12:41]** in Central and Eastern Europe.

**[01:12:44]** We focus on startups that are so-called purpose-driven,

**[01:12:47]** that have a meaningful purpose in what they do.

**[01:12:50]** We have a lot of faith in Central and Eastern Europe,

**[01:12:53]** as I said, and we actually plan to make,

**[01:12:56]** on a professional level,

**[01:12:59]** sixty investments in Central and Eastern Europe over the next four years.

**[01:13:02]** That's all, thank you very much.

**[01:13:05]** Thanks. I'll come to you.

**[01:13:08]** As I was slowly looking at the questions,

**[01:13:14]** this might be one of the most controversial breakfasts ever.

**[01:13:17]** I tried.

**[01:13:20]** Yeah, yeah.

**[01:13:23]** I'd like to do one more Slido now, where I could,

**[01:13:26]** just to map out,

**[01:13:29]** how we actually feel after the lecture.

**[01:13:32]** Are we angry,

**[01:13:36]** or do we say it's nonsense,

**[01:13:39]** or something else?

**[01:13:42]** How do we feel now?

**[01:13:45]** What did you come here for today, Honza?

**[01:13:48]** I came with a flamethrower.

**[01:13:51]** Is that right?

**[01:13:54]** With UA.

**[01:13:57]** No, luckily not.

**[01:14:04]** Our discussions were very interesting

**[01:14:09]** regarding China and

**[01:14:12]** how dramatic and how fast it will be.

**[01:14:15]** And it’s actually like this,

**[01:14:18]** I’ve been involved in innovations for some time now

**[01:14:21]** and the trends are just unbelievable.

**[01:14:24]** The shortening of cycles, the curves,

**[01:14:27]** it’s just crazy.

**[01:14:30]** We really think it’s all fun, fun, fun,

**[01:14:33]** but then we look and there will be

**[01:14:36]** electric cars from China that will be great

**[01:14:39]** and at a price that you can,

**[01:14:42]** I think in Spain they even subsidize the price,

**[01:14:45]** they give you some subsidy for it, etc.

**[01:14:48]** I’m just curious about it myself.

**[01:14:51]** There were a lot of questions,

**[01:14:54]** so I’ll try to start with the most important ones.

**[01:14:57]** Good morning. Isn’t the narrative of e-mobility supporters

**[01:15:01]** about clean energy misleading regarding the heavy,

**[01:15:04]** thoughtful production and disposal?

**[01:15:07]** I think I addressed that.

**[01:15:10]** How do you see the future of e-mobility in relation to state revenue,

**[01:15:13]** loss of excise taxes on fuels,

**[01:15:16]** charging at home from photovoltaic panels?

**[01:15:19]** Martin Čermák asks.

**[01:15:22]** Good, complex question.

**[01:15:25]** If we look at how combustion cars affect

**[01:15:28]** people’s health,

**[01:15:31]** the excise tax revenue from fossil fuels,

**[01:15:34]** like excise tax on gasoline and diesel, is less

**[01:15:37]** than what the state spends on healthcare costs.

**[01:15:40]** So it’s a very complicated question.

**[01:15:44]** Over 4 million people live in Asia,

**[01:15:51]** and they are also the biggest polluters on the planet.

**[01:15:54]** What Europe, which is one-tenth the size,

**[01:15:57]** even if it’s completely green, can do about that is limited.

**[01:16:00]** Classic.

**[01:16:03]** Let’s stop pointing fingers at others,

**[01:16:04]** and first clean up in front of our own door.

**[01:16:09]** Because historically, cumulatively,

**[01:16:11]** the average revolution started here.

**[01:16:13]** And cumulatively, the average Chinese person has dramatically,

**[01:16:16]** or the Indian, has dramatically lower

**[01:16:19]** emissions per capita, or an African,

**[01:16:22]** than the average European.

**[01:16:24]** So yes, we need to look at the numbers here,

**[01:16:27]** not just pick what suits us,

**[01:16:31]** but look at them historically.

**[01:16:34]** Because we, as the average European,

**[01:16:38]** we warmed the planet more

**[01:16:40]** than the average Indian or Chinese person.

**[01:16:42]** And by the way, thanks to how exponentially

**[01:16:45]** the prices of renewable energy sources are dropping,

**[01:16:48]** they definitely won't cumulatively reach

**[01:16:51]** the emission levels we generated here,

**[01:16:54]** not even close.

**[01:16:55]** I remember our discussion about China and India,

**[01:16:57]** about why they would buy combustion cars,

**[01:16:59]** why they wouldn't install photovoltaics,

**[01:17:01]** when they have plenty of heat, sun, and so on.

**[01:17:03]** They have much better conditions for this.

**[01:17:06]** They just plug in their car and drive.

**[01:17:08]** And they buy the car for 100,000 crowns.

**[01:17:10]** Exactly, why wouldn't they do that.

**[01:17:13]** How will people in apartment buildings solve

**[01:17:16]** charging?

**[01:17:19]** The current problem is legislation,

**[01:17:21]** regarding approvals in homeowners' associations and similar.

**[01:17:23]** We have to solve that.

**[01:17:26]** Just like we managed to build sidewalks

**[01:17:27]** and street lamps,

**[01:17:29]** there will be wallboxes.

**[01:17:31]** I recorded an interview with representatives of EGD,

**[01:17:33]** like Prečko, Česk,

**[01:17:36]** and EGD, who have the wires

**[01:17:38]** running all the way to the houses.

**[01:17:41]** They are the distributors.

**[01:17:45]** They say that, for example, in Brno,

**[01:17:47]** what I recorded with them,

**[01:17:49]** all those transformer stations on the apartment blocks,

**[01:17:51]** are oversized to supply the whole of Brno.

**[01:17:54]** They just need to install wallboxes there

**[01:17:56]** and something called

**[01:17:58]** load balancing.

**[01:18:00]** So if you arrive at 6 p.m.

**[01:18:02]** and plug the cable into your car, it won't start charging.

**[01:18:04]** It will start charging only when the building goes to sleep.

**[01:18:06]** When the housing estate goes to sleep and stops consuming,

**[01:18:08]** there is enough capacity

**[01:18:10]** to charge the electric cars overnight.

**[01:18:14]** But if you arrive during the day at the housing estate,

**[01:18:16]** 60% of the cars are parked there.

**[01:18:18]** During the day.

**[01:18:20]** That means those who can park there during the day

**[01:18:22]** will have cheaper charging if they charge during the day,

**[01:18:24]** because electricity is cheaper during the day.

**[01:18:28]** Will it cost?

**[01:18:30]** Will it cost billions?

**[01:18:32]** It will cost. Building 4,000 charging stations

**[01:18:34]** also cost something.

**[01:18:36]** Roman Koderle asks,

**[01:18:38]** and deliberately skips one question here,

**[01:18:40]** that you are biased and act like a PR manager for electromobility.

**[01:18:44]** It's more of a comment, I challenged that person

**[01:18:46]** to ask a question,

**[01:18:48]** like what they disagree with,

**[01:18:50]** but I don't want it to be like a taboo,

**[01:18:52]** that some questions are not answered,

**[01:18:54]** but I would be happy, even if signed LLA, anyone,

**[01:18:58]** it will simply be easier here.

**[01:19:00]** Czechia produces 44% of its electricity by burning coal,

**[01:19:03]** so we are charging by burning coal too.

**[01:19:05]** What's the difference?

**[01:19:07]** I think you also talked about that.

**[01:19:11]** Yes, I think I addressed it.

**[01:19:14]** Personal cars are not the biggest producers

**[01:19:16]** of CO2 emissions in the world.

**[01:19:20]** We also actually said,

**[01:19:22]** that this is incorrect information,

**[01:19:24]** and so you said households, right?

**[01:19:26]** No, that it's transport emissions,

**[01:19:28]** if I understood correctly.

**[01:19:30]** Great.

**[01:19:31]** Czech households.

**[01:19:34]** Where will we get green electricity?

**[01:19:36]** Why all year round?

**[01:19:38]** That's an important question.

**[01:19:40]** Electricity from renewables can't be stored.

**[01:19:42]** How will we charge in winter?

**[01:19:44]** Hydrogen efficiency is lower,

**[01:19:46]** but it can be stored.

**[01:19:48]** I think,

**[01:19:50]** that hydrogen has no chance in transport.

**[01:19:52]** No chance.

**[01:19:54]** But I think it will definitely have

**[01:19:56]** a very important role

**[01:19:58]** in the decarbonized economy.

**[01:20:00]** Seasonal storage will be a very important topic.

**[01:20:05]** At the same time, we will reach points where we have huge, over-dimensioned

**[01:20:10]** renewable energy sources, and it's important to balance wind with sunshine,

**[01:20:16]** because wind produces most from October to March, and sunshine the opposite.

**[01:20:24]** And if you combine that with sufficiently large storage,

**[01:20:30]** we actually live in places where if we had five times more storage

**[01:20:37]** than the installed capacity of wind and solar,

**[01:20:41]** then statistically it would be very unlikely

**[01:20:45]** that it wouldn't work out.

**[01:20:47]** Also, when there is local cloud cover, it doesn't mean

**[01:20:52]** that it's cloudy in Poland, or Ukraine,

**[01:20:54]** or Spain, so it will be extremely important

**[01:20:59]** for the grids to be interconnected, and we are much closer to that

**[01:21:05]** than the rational narrative says,

**[01:21:08]** to be fully renewable.

**[01:21:10]** Okay, plus there will be some nuclear that we will keep running,

**[01:21:13]** and definitely there will be non-trivial periods,

**[01:21:18]** for example, for 10 years there will be gas power plants,

**[01:21:21]** which will help manage these fluctuations.

**[01:21:26]** Degradation of bacteria by 8% over 200,000 ml is mentioned.

**[01:21:30]** Global or from warm California?

**[01:21:32]** Global.

**[01:21:34]** Warm California. In California, you have worse degradation.

**[01:21:37]** The bigger and warmer the environment, the worse the degradation.

**[01:21:42]** In Norway, battery degradation is much lower.

**[01:21:44]** Heat is not good for batteries.

**[01:21:47]** What's your answer to the question of how to make countries

**[01:21:50]** with the largest share of global air pollution act?

**[01:21:54]** They will force themselves. Their population simply won't want to...

**[01:22:01]** China will solve it on its own, and so will India.

**[01:22:04]** We don't have to force them.

**[01:22:06]** People don't want to die alive in those cities.

**[01:22:09]** They just don't want to, so they'll solve it themselves.

**[01:22:14]** Actually, whenever you talk about it, I think,

**[01:22:17]** when you showed those photos at the beginning about

**[01:22:20]** how you lived there and what it looked like,

**[01:22:22]** I can't really imagine living like that

**[01:22:26]** and being completely indifferent and calm about it.

**[01:22:31]** Well, we had a tough time with it, dragging the little kids along.

**[01:22:35]** We were worried about the health effects it would have on us.

**[01:22:40]** The result is that it really boosted our immunity,

**[01:22:43]** and we're as healthy as can be.

**[01:22:45]** For example, I used to suffer mildly from asthma and allergies,

**[01:22:51]** and now I'm completely fine for about ten years.

**[01:22:54]** My body basically reset,

**[01:22:56]** because there were completely different allergens there,

**[01:22:58]** so my body got used to new allergens for about two and a half years,

**[01:23:00]** and then I came back home where the allergens were different again.

**[01:23:02]** We're actually as healthy as can be, I have to say, as a family.

**[01:23:04]** So far, at least.

**[01:23:08]** So far.

**[01:23:10]** How long did it take you to charge the mentioned electric car using over 220 outlets?

**[01:23:12]** I don't assume you charged it somewhere on the way,

**[01:23:16]** and you also charge abroad.

**[01:23:20]** Sure, well, if you're going to southern Italy,

**[01:23:22]** you have to charge somewhere.

**[01:23:24]** Or to Spain.

**[01:23:26]** Yeah, the 2.3 kWh will do it in an hour,

**[01:23:28]** the regular outlet.

**[01:23:34]** You, when you have consumption per 100 km,

**[01:23:36]** for example, I don't know, with the Leaf we drove at 15,

**[01:23:40]** so you basically charge overnight,

**[01:23:44]** you charge the car overnight,

**[01:23:46]** because it had a usable battery of about 25 kWh.

**[01:23:50]** So, yeah, if it was charged for 11 hours there

**[01:23:54]** and you never arrive at zero and charge,

**[01:23:56]** maybe up to 100%, so that was enough for the Leaf.

**[01:23:59]** But when we were with the Ford in Italy this year,

**[01:24:04]** in Tuscany and Rome,

**[01:24:06]** in Tuscany, where we stayed, I don't know, 11 days,

**[01:24:09]** I also charged only from a regular socket,

**[01:24:11]** and it has a big battery.

**[01:24:12]** And we drove 100 km daily

**[01:24:14]** and it always recharged from the regular socket.

**[01:24:16]** Linda is asking.

**[01:24:18]** Emissions from UEFU make up only 4.5% of global pollution.

**[01:24:21]** Is electromobility at this scale just a drop in the ocean?

**[01:24:26]** We have kind of addressed that comprehensively.

**[01:24:29]** The vision of a clean electric world is beautiful,

**[01:24:34]** but how do you cover a multiple higher demand

**[01:24:37]** for electricity without coal, gas, and nuclear power plants?

**[01:24:44]** I think the answer is actually a combination of these.

**[01:24:49]** Wind, photovoltaics, since they are cheap,

**[01:24:53]** they are cheaper than running current sources,

**[01:24:55]** like fossil fuels.

**[01:24:57]** Just the operation is cheaper than investing in these.

**[01:25:00]** And the area doesn't have to be that large.

**[01:25:08]** I think in the transition period there will be gas, nuclear.

**[01:25:13]** If we could get to the point,

**[01:25:17]** where we can produce them like Baťa shoes,

**[01:25:19]** like modular, small ones,

**[01:25:24]** and we can make them by the hundreds,

**[01:25:26]** then I think that's the solution.

**[01:25:28]** That's the solution, that once it becomes predictable,

**[01:25:31]** in terms of cost and construction time,

**[01:25:34]** and we master it as a craft,

**[01:25:37]** like we do today with wind and photovoltaics,

**[01:25:39]** then that's also good.

**[01:25:41]** The question is whether some kind of mega changer won't happen

**[01:25:44]** in our lives, like a merger.

**[01:25:47]** When we don't live to see it.

**[01:25:49]** But that's always 20 years away, over and over.

**[01:25:54]** I'll end it here, Honza.

**[01:25:57]** So, thank you very much

**[01:26:00]** for the introduction to this topic.

**[01:26:04]** A dense introduction, full of data. Thank you.

**[01:26:07]** Thank you very much for the questions,

**[01:26:10]** there are still many more.

**[01:26:13]** Today, I would really like to ask you,

**[01:26:16]** if you could take your mobile phones

**[01:26:19]** and vote for what you actually take away from today's breakfast

**[01:26:22]** and how you liked the breakfast.

**[01:26:25]** Please try to give us feedback, we would appreciate it.

**[01:26:29]** At the same time, since we'll leave it open for a while,

**[01:26:34]** we would like to kindly ask,

**[01:26:37]** whether with us,

**[01:26:41]** or with the people you are watching with,

**[01:26:44]** or maybe with whom you will discuss this topic,

**[01:26:48]** to discuss it, not to keep things to yourselves,

**[01:26:51]** feel free to write things you disagree with,

**[01:26:55]** and to open up the discussion.

**[01:26:59]** As usual, at Brain&Breakfast,

**[01:27:02]** Honza and I will continue.

**[01:27:05]** It's the Brain&Breakfast Digestive,

**[01:27:08]** which will be on October 31st, and we scheduled it at lunchtime,

**[01:27:11]** to give a good chance

**[01:27:14]** that you can break away from work

**[01:27:17]** and chat a bit.

**[01:27:20]** In this discussion, besides Jarka Novotný from the Czech Republic,

**[01:27:24]** Honza Helc from Nanoenergies,

**[01:27:27]** and Roman Šiser from Škoda Auto have promised

**[01:27:30]** to participate.

**[01:27:33]** So I think it will be a very interesting discussion.

**[01:27:36]** If you'd like, definitely join us on Red Button

**[01:27:39]** edu on October 31st.

**[01:27:42]** There are many projects we implement at Red Button,

**[01:27:45]** through the newsletter.

**[01:27:48]** You can access them at the beginning.

**[01:27:51]** One of them is the book of the month

**[01:27:54]** And the last October book is recommended by Lukáš Hána,

**[01:27:57]** who is behind events like the Krymyš conference on critical thinking.

**[01:28:00]** The book is called The End of Self-Deception.

**[01:28:03]** So you can check it out.

**[01:28:06]** Definitely follow all the other events, of which there are many,

**[01:28:09]** whether in the Agile, Innovation, or Corporate culture communities,

**[01:28:12]** and many, many more.

**[01:28:15]** And next time, on November 23rd,

**[01:28:20]** we will continue with the breakfasts,

**[01:28:25]** Bye.

**[01:28:30]** that is emerging here.

**[01:28:33]** I wanted to be like in those movies called Pelišky.

**[01:28:37]** And society is getting coarser.

**[01:28:40]** I talked with a friend who crashed

**[01:28:43]** to see if people would offer him help.

**[01:28:46]** When he was around, they started insulting him.

**[01:28:49]** I got information from Linda, who will be a guest and is back there.

**[01:28:52]** So, Linda, greetings to you.

**[01:28:55]** From Linda, information about how people behave

**[01:28:58]** towards employees, for example, in complaint departments.

**[01:29:01]** And so on.

**[01:29:04]** Basically, something is happening to society,

**[01:29:07]** so we will look at what kind of trend this is,

**[01:29:10]** and how to possibly deal with it.

**[01:29:13]** So if this topic interests you,

**[01:29:16]** on November 23rd, as usual at 8:30, I will be looking forward to seeing you.

**[01:29:19]** Thank you for taking the time, thank you,

**[01:29:22]** for watching us. Honza, many thanks for your lecture.

**[01:29:25]** Have a great day. Bye and see you.

**[01:29:40]** www.arkance-systems.cz