And, most importantly, this free power invention has the potential to lift the 1.3 billion people who presently live without electricity out of poverty.
When an individual pedals the bike, the action drives a flywheel, which turns a generator and charges a battery. This means from just one hour of pedaling, a rural household can be supplied with energy for 24 hours.
The billionaire and his team developed the bicycle to take advantage of mechanical energy created by humans to solve one of the world’s most pervasive problems.
“Everything requires energy. Energy is the great equaliser,” says Bhargava, adding that over half of the world’s population have no access to electricity or access to electricity for two or three hours per day.
Having access to clean, free energy will enable poverty-stricken communities to not only light their homes but to connect to the internet and get educated. Bhargava says the reason the majority of those who are poor stay poor is because they have no power. He aims to fix this with the free energy bicycle.
One bicycle could potentially provide a small village with electricity if each household spends on hour per day pedaling the bike.
In developed nations, the bike could also be utilized to cut energy costs and remedy the obesity crisis.
Manoj’s plan is to distribute 10,000 of the bicycles in India next year. In addition, he has pledged 90% of his wealth to charity and research.
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This article (60 Minutes on This Bike Will Provide 24 Hours of Electricity for Your Home) by Amanda Froelich originally appeared on TrueActivist.com and is licensed Creative Commons. Image credit: Pixabay