Shell Eco-marathon Asia 2011: Royal Dutch Shell CEO urges Asian youth to lead the future of mobility
Jul 08, 2011
At the Sepang International Circuit (SIC) in Kuala Lumpur, Malaysia, Asia’s most fuel-efficient cars built by students are flagged off in a bid to set a new record at Shell Eco-marathon Asia 2011 – a challenge for the youth to design, build and run a vehicle that can travel the farthest distance using the least amount of fuel.
Royal Dutch Shell Chief Executive Officer Peter Voser led the ceremonies today where 10 of the best vehicle entries from 12 countries paraded on the track. “Their passion and enthusiasm to push the boundaries on fuel efficiency is inspiring and infectious. Every time I watch these young people at work, it gives me renewed hope for the future,” said Mr. Voser, commending the Asian students’ creativity in their vehicle designs. He urged the participants to keep up their efforts to drive the future of mobility.
Joining Mr. Voser in the ceremony is Datuk Fadillah Yusof, Malaysian Deputy Minister of Science, Technology and Innovation, as well as ambassadors, High Commissioners, business leaders and guests from Malaysia and around the region, who came to witness the inventive solutions of the youth in solving the world’s growing energy challenges in transport.
“Although this is the second year of this regional competition, I understand the level of innovation and technical excellence on display amongst the students gathered here is already high,” says Datuk Fadillah as he observed the cars on parade.
The 2nd edition of Shell Eco-marathon Asia saw the students applying a wide range of technology in order to make their cars fuel-efficient. Under the electric mobility class – introduced this year - De La Salle University of the Philippines has designed a “thinking vehicle” for their prototype car DLSU 100, equipped with cruise control program which automatically maintains the vehicle’s speed while optimizing energy consumption.“We designed our vehicle to have its own mind. It is a thinking vehicle programmed to sense its ideal speed, automatically adjusting its acceleration to use just the right amount of power required to achieve optimal energy efficiency,” explained Xian Jian Liao of Team DLSU 100, who designed the vehicle’s cruise control program.
While the cars were innovative, the students paid attention to aesthetics as well, incorporating elements from the countries they represent. Team Sadewa from Indonesia designed their vehicle with a purple batik print. “This is part of our culture. We want to tell people that this is our culture, and that we are from Indonesia,” shares Team Leader Fitra Didik Nugroho.
Earlier in the day, Mr. Voser engaged various key stakeholders from government, academe and other energy-concerned citizens in an exchange of ideas on Future Energy, Smarter Mobility. The dialogue discussed how future energy and smarter mobility, leading towards building smarter cities is approached in Asia. Mr. Voser explained why the world will need to draw on a range of different energy sources to meet the region’s growing demand for energy.
“Our challenge is a triple one: We need to produce more energy for a world with more people, where millions are shaking off energy poverty and climbing up the energy ladder, while also building a more sustainable energy system for the future,” he said. “But human ingenuity has faced many big challenges like this in the past, and surmounted them. This gives me confidence the world will be able to meet its future energy challenge.”
Following the flag off ceremony, students took turns on the track to make attempts for their best efficiency performance, ahead of the closing and prize giving to be held the following day.
For more information on the Shell Eco-marathon, please visit www.shell.com/ecomarathon.
Sri R. Wahyu Endah
Media Relations Manager
PT Shell Indonesia
Email : email@example.com
The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release "Shell", "Shell group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them.
These expressions are also used where no useful purpose is served by identifying the particular company or companies. ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this press release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence.
The companies in which Shell has significant influence but not control are referred to as "associated companies" or "associates" and companies in which Shell has joint control are referred to as "jointly controlled entities". In this press release, associates and jointly controlled entities are also referred to as "equity-accounted investments".
The term "Shell interest" is used for convenience to indicate the direct and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.
This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements.
Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements.
Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as ''anticipate'', ''believe'', ''could'', ''estimate'', ''expect'', ''intend'', ''may'', ''plan'', ''objectives'', ''outlook'', ''probably'', ''project'', ''will'', ''seek'', ''target'', ''risks'', ''goals'', ''should'' and similar terms and phrases.
There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation):
(a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group's products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions;
(j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions.
All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements.
Additional factors that may affect future results are contained in Royal Dutch Shell's 20-F for the year ended December 31, 2008 (available at www.shell.com/investor and www.sec.gov - opens in new window). These factors also should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, March 28, 2010.
Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.
The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions.
We use certain terms in this press release that SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov - opens in new window. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.