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Electric vehicle battery prices are expected to fall almost 50% by 2026

goldmansachs.com

11–20 of 130 posts

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#11
post #5
post #3

We need >2000 km ranges in one charge of electric vehicles for widespread adoption.

I think James May made a great point when he said it's not about range, it's about quick and ubiquitous charging. I wouldn't mind if my vehicle could only travel 300km... if I could have the confidence I'd be able to stop and top it up in just a couple of minutes no matter where I was. Faster charging would really make all the difference.

> I wouldn't mind if my vehicle could only travel 300km... if I could have the confidence I'd be able to stop and top it up in just a couple of minutes no matter where I was.

This is called a motorcycle! Mine can do 260-280km on a gas tank, still does huge trips. Once batteries work like gas, you're absolutely right.

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#12
post #3

We need >2000 km ranges in one charge of electric vehicles for widespread adoption.

People really need to get away from that notion electric vehicles need to be as similar as possible to ICE vehicles. Most people living in cities don’t ever require that range, because 99% of their rides will be constrained to less than 50 kilometers. And even on the countryside, few people need to drive such long stretches on a single charge.

Keeping up this stoic desire to not having to change your habits around driving at all is dismissing a lot of the benefits small, lightweight electric cars could get us, if they didn’t need to carry tons of battery around—that isn’t even necessary most of the time.

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#14
post #6
post #3

We need >2000 km ranges in one charge of electric vehicles for widespread adoption.

What % of cars have this range? Not your diesel f150, the real cars real people with real everyday lives drive My Hyundai i30 has a 600km range, max.

Range is kinda irrelevant if you live in a place where filling stations are ubiquitous. Going 850 km in my old petrol-powered car required just one five-minute stop.

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#15
post #5

Earlier quoted context omitted.

I think James May made a great point when he said it's not about range, it's about quick and ubiquitous charging. I wouldn't mind if my vehicle could only travel 300km... if I could have the confidence I'd be able to stop and top it up in just a couple of minutes no matter where I was. Faster charging would really make all the difference.

Not really. if your choice is a better ICE car at the same price point, why get an EV that has to stop intermittently and has failure modes like broken chargers. It has to be as good. And better

Good and better by which metrics?

Different people have different requirements.

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#17
post #9

Earlier quoted context omitted.

Not really. if your choice is a better ICE car at the same price point, why get an EV that has to stop intermittently and has failure modes like broken chargers. It has to be as good. And better

Yeah, the amount of issues I hear about with chargers not working, and everything relying on using some app? I'm not installing a smartphone app to charge a battery! So far I'm not feeling too tempted about electric vehicles. I'll be happy to find something that avoids these shortcomings though!

It's not a technology issue, it's a service issue. If ICE cars were invented today, you'd need an app at a gas station too.

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#18
post #14
post #6

Earlier quoted context omitted.

What % of cars have this range? Not your diesel f150, the real cars real people with real everyday lives drive My Hyundai i30 has a 600km range, max.

Range is kinda irrelevant if you live in a place where filling stations are ubiquitous. Going 850 km in my old petrol-powered car required just one five-minute stop.

[deleted]

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#19
post #11
post #5

Earlier quoted context omitted.

I think James May made a great point when he said it's not about range, it's about quick and ubiquitous charging. I wouldn't mind if my vehicle could only travel 300km... if I could have the confidence I'd be able to stop and top it up in just a couple of minutes no matter where I was. Faster charging would really make all the difference.

> I wouldn't mind if my vehicle could only travel 300km... if I could have the confidence I'd be able to stop and top it up in just a couple of minutes no matter where I was. This is called a motorcycle! Mine can do 260-280km on a gas tank, still does huge trips. Once batteries work like gas, you're absolutely right.

> Mine can do 260-280km on a gas tank, still does huge trips.

How is this a motorcycle specific feature?

Re: Electric vehicle battery prices are expected to fall almost 50% by 2026

#20
post #7
post #3

We need >2000 km ranges in one charge of electric vehicles for widespread adoption.

Not everywhere is massive and spread out like US. In Ireland I can basically get anywhere in the whole country with one charge and maybe a top-up along the way. I'm more than happy with my 400km range.

People use their car way less than they think.

The median work distance in France is 12km in the countryside and 6km in the cities.

25% of the workers travel less than 4km even in the countryside.

Source: https://www.insee.fr/fr/statistiques/7622203

The current range is way above most needs already and I'm not sure cars (electric or not) is even the answer with such a low usage.

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