CNET, one of my favorite places for tech news and reviews has an interesting piece up about the cost of electric cars with regards to batteries.
Read the whole CNET piece - Cheaper electric car rides on battery manufacturing
Their EV expert notes that, "Rather than a technology breakthrough, the route to cheaper electric cars is high-volume manufacturing of lithium ion batteries."
Quote:
"Management consulting company PRTM on Monday released a statement arguing that people are underestimating the projected demand of electric vehicles when it comes to battery capacity. The companies and countries that can ramp up operations for both battery pack and battery cell fabrication are the ones that will profit as electric cars become cost competitive with gasoline-powered cars in the next six to eight years, said Oliver Hazimeh, the director of PRTM's Global E-Mobility practice.
Currently high costs for batteries mean that electric vehicles, such as the Nissan Leaf and Chevy Volt, will be aimed mainly at early adopters who may enjoy the acceleration of electric motors, and fleet operators, which tend to buy based on total cost of ownership rather than purchase price."
Read the whole CNET piece - Cheaper electric car rides on battery manufacturing
