Message Font: Serif | Sans-Serif
 
No. of Recommendations: 6
"If the USA does not reach $20/kWh, then the Chinese or Europeans will.
The race is on, and winner(s) get the big dollars, euros, etc."


Despite a hundred million a year, the average cost of a car in the US is over $20,000 and goes UP each year despite massive demand.

The cost curve is coming down......but so far, there haven't been 'breakthrough' technologies despite 30 years of trying.

Lots of 'it works great in the lab' but not able to scale it up or reproduce it for mass production.

I've seen a dozen new super low cost EVs get announced and die on the vine before production.....

I've seen a dozen 'battery companies' go out of business.

Solar panels? Half a dozen companies had 'the ultimate' design for super low cost...that failed miserably.

Batteries have been around for 200 plus years...... long before cars.......

It's not Moore's Law.....it's an electrochemical reaction and 'energy density' , discharge/charge cycles, recharge time and a half dozen other factors complicating the mix.


Right now, batteries are made up of hundreds or thousands of individual little 'cells' connected in series/parallel.


t.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.