Lithium Battery Costs Have Fallen by 98% in Three Decades
Without a doubt one of the key drivers to lowering the price of an electric car is the price of the batteries which are in the vehicle.
There are two ways to reduce the price of the EV batteries: 1) reduce the number of batteries in the vehicle - thereby reducing the potential range. 2) drop the price of the battery pack itself.
As you can see from the figures above the price (and size) of a battery has dropped precipitously over the last few years. That’s why an original 24kWh Nissan leaf can now be upgraded to a 60kWh battery for a price that is a lot less than the original battery cost - and which will fit into the existing battery space.
With raw materials falling in price and demand increasing the price per kWh will hit the magic $100 within a year or two. That’s when price parity will occur.
The Dutch Plan to Install a Million Chargers by 2030
It has been said that infrastructure problems need two things to make them happen: political will and enough people to do the work.
This was true right back from the building of the pyramids and the walls of Jericho to modern day infrastructure projects such as President Biden’s $1.9T infrastructure plan. If the people in power want it to happen (and have the manpower to make it happen) it will happen.
The Dutch situation
is a prime example. They recognised that they needed an extra 1.5m chargers installed to support the growth in electric cars. To make this happen they put in place infrastructure processes which meant that when a buyer purchased a new EV they requested a new curbside charger. This was processed by the charging company and - with luck - the new charger arrived at the same time as the new BEV.
All this was backed and mandated by the government who recognised that - as part of a united plan to move the country off fossil fuels - this sort of joined-up thinking was necessary.
Tesla Introduces New 50% Supercharging Discount at Night in California to Help With Capacity
Balancing the grid has been one of the Holy Grail aspects of renewable energy. Having the ability to move the load requirements for elecricity is one of the things that means peaker plant requirements will reduce over time.
Tesla - with 20,000 Superchargers worldwide, many charging at 250 kW - are in a prime situation to influence the usage of these chargers by giving price incentives.
Since the introduction of the Model 3 new Tesla owners have stopped receiving free supercharging. While the price is still a respectable 24c / kWh for 250kW charging, the option of halving that for the minor inconvenience of moving when you charge has to be a powerful incentive for many drivers.
Companies such as Octopus Energy with their Agile Tariff, are also attempting the same thing by reducing prices at time of low usage (i.e. in the middle of the night) to incentivise users to move thier high volume electric usage from peak times (16:00 - 19:00) and put it either earlier or later in the day.
UK: BMW I3 Prices Lowered to Qualify for the Government Plug in Car Grant
I mentioned in an earlier version of the EV Musings Newsletter that I thought the chance of motor manufacturers dropping the price of their vehicles to below £35,000 so that they fall under the price cap for the government grants was pie-in-the-sky thinking.
That’s good news. It seems that companies such as Peugot have done the same. Tesla offered to pay the £2500 rebate to purchasers who were caught unawares by the grant parameter change
This is one time when I am happy to be proven wrong.
Why This Grocery Chain Is Ditching Single-Use Bottled Water
Alongide renewables and electrification of transport, recycling & reducing are two of the keystones behaviours that will help drive a reduction in fossil fuel usage.
One of my personal bugbears (especially as someone who delivers groceries to people via supermarket Home Delivery services) is the number of people who spend a fortune on bottled water. In certain areas - and with certain types of water - people are paying more per litre for bottled water than they are for petrol! This is ridiculous, unsustainable, and unneeded.
So it was great to see at least one supermarket in Oregon, USA removing single use water bottles from their stores
. Resuable and refillable bottles have instead been put in place. The fact is that with very few exceptions, water from the tap - if left to cool in a refrigerator - is indistinguishable in taste from most mineral waters bought off the shelf. Sure, if you live in an area with bad drinking water this might not be the case. But for the majority of people they would be hard pressed to tell the difference.
More of this, please.