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edatoakrun

Well-known member
Joined
Nov 11, 2010
Messages
5,222
Location
Shasta County, North California
You might want to read DB's latest projections (which I find reasonable) on vehicle fuel price/use trends.

Of interest to current/future EV buyers:

"2011 and beyond: a reality
check...

Based on discussions with industry experts and several automakers, the DB Auto team has
lowered its advanced lithium ion battery cost projection by about 30% for 2012. Current
prices have fallen from $650/kWh+ in 2009 to about $450/kWh now, and DB’s forecast is the
price to fall at about a 7.5% CAGR from 2012 through 2020 to about $250/kWh.
A steeper price decline trajectory obviously makes for better consumer comparison
economics (last year’s 2012 estimate put a full electric 25kWh battery cost at $16,250, while
DB’s auto team now sees a 2012 battery cost of about $11,250, and a 2020 battery of the
same size at about $6,250."

(Pg 20)

http://www.consensus-inc.com/002001i/knay1537/fin-com/1223fm-05.pdf
 
Interesting - but still pessimistic.

I still go with my double capacity / half price every 5 years. Let us call it EVNow's corollary to Moore's law.
 
Nice. I think that $250 / kWh of battery is where many see EVs reach the tipping point where they can compete with gas powered cars without additional subsidies.
 
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