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Billionaire philanthropist Manoj Bhargava launches electricity-generating stationary bicycle In India
Plans to build 10,000 electricity-making bicycles in India by March 2016

On Friday 27th November in New Delhi, billionaire philanthropist Manoj Bhargava showcased a never-before-seen model of the electricity-generating stationary bicycle, Free Electric, featured in his new documentary film, Billions in Change.

The Free Electric bicycle works like this: Pedaling turns a flywheel, which spins a generator that charges the attached battery. One hour of pedaling can meet a rural household's electricity needs for 24 hours, including running lights, a small fan, and charging a cell phone- all with no utility bill, no fuel costs, and no pollution.

Commenting on the occasion, Bhargava said, "There are approximately 1.3 billion people around the world who do not have access to electricity. The Free Electric hybrid stationary bicycle was conceived as a product to provide electricity to this population. I am confident that this innovation will have meaningful and permanent impact on millions of lives in India."

'Billions in Change' movement has thousands of volunteers in India who are willing to champion the cause. 30,000-40,000 volunteers are expected to push this cause forward in India.

Bhargava, whose net worth is estimated at $4 billion, has pledged 99 percent of his fortune to finding solutions that could save the world, which is the mission of Stage 2 Innovations. Bhargava also supports The Hans Foundation, one of the largest charitable organizations in India. (Follow Manoj Bhargava on twitter: @Manoj_Bhargava)

About Billions in Change

The documentary film, Billions in Change, provides the first-ever public glimpse at the work being undertaken by Stage 2 Innovations—an invention shop created by Indian-born billionaire, entrepreneur, and philanthropist Manoj Bhargava to develop straightforward solutions to some of the world's most pressing problems.

Bhargava is focused on solutions dealing with energy, water, and health, which he believes underlie the majority of issues facing humanity today. Four such solutions are featured in the film.

The Free Electric hybrid stationary bicycle was conceived as a product to serve the 1.3 billion people around the world who currently lack access to electricity. Here's how it works: Pedaling turns a flywheel, which spins a generator, which charges a battery. One hour of pedaling can meet a rural household's electricity needs for 24 hours, including running lights, a small fan, and charging a cell phone—all with no utility bill, no fuel costs, and no pollution.

The Rain Maker is a water purification machine that uses an evaporative process to clean any source of water—including saltwater and contaminated water—into water suitable for drinking or agriculture. A single unit can clean water at a rate of 1000 gallons per hour.

The Renew Enhanced Circulation system refines existing external counter-pulsation (ECP) technology into an affordable, mobile, and versatile apparatus that promotes general wellness by improving circulation.

Limitless Energy, which is still in a proof-of-concept stage, involves the creation of graphene cables that can conduct heat from below the Earth's surface to run turbines and generate electricity—all without harvesting fossil fuels or generating pollution.

Billions in Change is a 42-minute documentary. Its trailer, both in English and Hindi, as well as TV listings can be found at www.billionsinchange.in.

About Manoj Bhargava

Manoj Bhargava is an entrepreneur, philanthropist, and founder of the movement Billions in Change. He is best known in the United States for creating the popular 2-ounce drink 5-Hour ENERGY.

Born in Lucknow, India, Bhargava moved to the United States in 1967 at the age of 14. Bhargava grew up in Philadelphia, Pennsylvania, and attended Princeton University for one year before dropping out and focusing the remainder of his education on spiritual studies in India and the United States.

In 1990, Bhargava founded a plastics company that he grew to $20 million in sales before selling to a private equity firm. With this money, he started a consumer products company, Living Essentials®, which became an overwhelming success with the introduction of 5-Hour ENERGY® in 2004.

Stage 2 Innovations is an invention lab in Farmington Hills, Michigan, USA, which focuses on creating and developing products that address problems in the areas of water, energy, and health. Four of those solutions are featured in the Billions in Change film, a 42-minute documentary. To watch the trailer and for TV listings visit www.billionsinchange.in.

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