Another Elon Musk Bet: Half of All Cars Built In 2032 Will Be Electric
New submitter cartechboy writes "Ears perked up when Elon Musk made another bold statement he'd be 'willing to bet on.' This time he says that in 20 years, half of all new cars sold would be plug-in electric cars. Believe him? The math looks a little fuzzy, and one research analyst is willing to take Musk up on the bet. 'It expects the U.S. plug-in market to grow at a 32-percent average rate from now through 2020. That takes sales to roughly 200,000 units in 2020. Even if that rate continued for another 12 years, which Hurst considers unlikely, that would only take plug-in cars to roughly one-third of the market in 2032, or about 5 million sales. But Hurst thinks 8 or 10 percent annual growth in plug-in sales is more reasonable, taking the total to 480,000 or 574,000 plug-ins sold in 2032 in the U.S.'"
I wanted to make a post from my electric car but I ran out of powe*&^%^@*&^#####
The Christian Right is Neither (Christian nor right). See: Matthew 23, Matthew 25, Ezekiel 16:48-50
1977 Mercedes-Benz, 300,000+ miles and still going strong.
I expect I will STILL be driving it in 2032 when I has 600,000+ miles on it.
The first electric car with 200+ mile range and a less than $25,000 price will be the biggest seller in the market overnight.
Just those two items alone would probably cause Musk to be right. And that's what he's betting, that the battery range and price will come down to the point that everyone can afford an electric car and that it will have a range similar to that of a gasoline engine. If the market delivers those specs I think he'll be right, you can drive an electric car for about $0.10 cents a mile, the gas savings alone would so massive everyone and their dog would want one.
What could you do if you didn't have to buy gas anymore?
It's all about Battery technology really. If battery technology improves significantly and the price becomes more affordable then I think electric cars, particularly commuters, will start selling much better. Absent some big improvement they will remain a niche market.
Hydrogen fuel cells will win out because you can refuel them in as much time as it takes to refuel a gas or diesel car.
Electric will be held back by the cost, limited lifespan, weight, and recharge time of the batteries.
The English word fart is one of the oldest words in the English vocabulary.
2008 - The Tesla Roadster is a $110,000 (base price) sports car with a 244 mile range.
2012 - The Tesla Model S is a $57,000 - $77,000 (base price) sedan with 160 - 300 mile range.
2015 (estimated) - Tesla Gen III Sedans are targeting $30,000 base price with comparable Model S ranges.
In addition, Tesla is rolling out a "supercharge" network to support changing away from home in convenient locations in target markets. The Model S has also been promised to include a 5-minute battery quick change option. Once that is available at (for instance) gas stations, it'll take as much time to refill your electric as it does to refill your gas car, except it'll cost a whole lot less.
This guy is actually delivering functioning, functional electric cars and building the infrastructure to support them. I wouldn't bet against him; everyone who's done that so far has been proven wrong repeatedly.
-- "Government is the great fiction through which everybody endeavors to live at the expense of everybody else."
If gasoline powered vehicles become cost prohibitive to operate and electric vehicles are still expensive, total sales may drop as people are economically forced out the market. "Plugin" vehicles (which include plug-in hybrids) could still be 50% of the (smaller) market.
"Second, an oil price shock would have to drive gasoline prices to $8 or $10 a gallon"
Are these guys kidding? If the global economy wasn't in such a precarious state, gas would be over $5/gallon *now*! In 2032, $10/gallon gas will be a fond memory.
It makes more sense to pump diesel to everyone's homes and have them burn it in in a CHP system than to distribute gas or electricity/
Hint: I am European - when I say "gas" I mean a gaseous substance, and not a petroleum based liquid.
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Most people have their car as a dual-use vehicle. First they commute to work, bring the kids to school and get groceries at shops nearby. This is something an electric car can do just fine. (except for really long commutes). But then they also use that same car to go to friends who live 200 miles away, or go on vacation 500 miles away. Those are things that electric cars are not good at. When it becomes accepted practise that you rent a car for this, that's when things can take off.
Markets are complicated things. If it is accepted that you pay $700 for a fancy phone, that's what people will pay. If it is accepted that you pay for owning and driving a car. that's what people will pay. If the prices to own and operate cars continue to rise slowly, then people will adapt and continue to pay rediculous amounts (according to current standards), even if it starts taking a significant portion of their income.
A sudden increase in say gasoline prices of say a factor of two will make a bunch of people think twice. Some will say F*** it and sell the car. Some will switch to electric. But most will adapt, and simply pay the higher price. A few years later a few percent of the population has changed their behaviour due to the increased pricepoint. But the majority continues the same old way.
The parallel here is cigarettes. Sometimes the government increases the taxes by a few percent causing a significant bump in the price for those things. A few people give it up and a few months later, everything is back to the way it was.
I can't see how this will work when not a single electric car is aimed at families.
Living in London I am repeatedly told I should be driving a "green" car instead of my big Renault Espace diesel. The complaint I normally get is that diesel is dirty but as far as I can find while that is true for old diesels without modern filters (+10 years old) it isn't the case with the modern diesels.
Also I almost never drive anywhere with less than 6 people in the car and walk whenever the distance is within a mile and there is nothing bulky to transport.
I have done extensive research into available electric cars but they simply aren't big enough to fit more than 3 children or 4 in a pinch when they have grown out of the legally mandated child seats.
Until we see 6 and 7 seater electrics I don't see it as being anything other than a DINK statement to show off the "green credentials".
Who would buy a second hand electric car? They are only good for land-fill.
[Citation needed]. I can see that the battery pack will eventually need replacing, and that can be a significant chunk of change (and will be factored into the value of the car), but I see nothing that suggests the rest of the car will be any less robust.
If anything, the EV drive-train is (or can be) far simpler than any liquid-fuel car, since a battery pack, some wiring and four electric motor/generators (one at each wheel) can replace:
- the engine block
- the fuel system
- the gearbox, drive shaft and differential(s)
- most of the axles
- much of the cooling system
- the air intake
- the alternator and starter motor
- the exhaust system
- etc
That's a lot of saved wear & tear.
Why would anyone engrave "Elbereth"?
Developments in Lithium-Air batteries are rapidly making them viable, and are conservatively estimated to give ten times the power/weight of Li-Ion.
There's also been a number of advances in high-surface-area electrodes that dramatically increase charge and discharge rates. Some of these have already made it to market, such as the MIT spinoff A123 Systems - which coincidentally enough has developed a Lithium Iron electrolyte that handles extreme temperatures very well..
There's a great deal of industrial interest in improving battery technology, and claiming that there's been no breakthroughs in years is simply ignorant, I'm afraid. If you're paying attention, the future of batteries looks pretty rosy.
Why would anyone engrave "Elbereth"?
Not just a little less efficient, but way less efficient. The best yields reported in the literature so far are something like 0.5 gallons per square meter per year - and good luck getting near that in a real-world plant. But even that is 18MJ/m^2/yr. By comparison, Ausra's proposed CLFR plant would produce 177MW per square mile, and their pilot plant had a capacity factor of 27%, so using that number, we get 582MJ/m^2/yr. And to top that all off, your average gasoline car operates at about 20% average efficiency and your average diesel at about 25% efficiency (note the word "average" - don't complain and then write a post where you cite peak efficiency numbers, because that's not what you get in real-world driving). Your average EV gets about 75% generator-to-grid-to-wheels efficiency.
Biological processes are just so lossy. And algæ has lots of problems of its own. Namely, you can either grow it in open ponds or closed ponds. If you grow it in open ponds, you can't keep it species-pure and thus get predatory microbes, insects, etc which you can at least try to control, and competing algæ species which you generally have no chance of controlling. Since biofuel microbes are highly optimized, your production rate drops like a stone. Hence most companies don't pursue this and are instead looking at various forms of closed systems. Closed generally means plastic film, as the cost of thick plastic or glass would be absurd. But when you're dealing with such low yields for a given amount of area (small fractions of a gallon per square meter per year), even plastic film gets expensive, especially when you consider that the UV in sunlight tends to destroy plastic film very effectively (polyethylene-film greenhouses generally replace their film annually, polypropylene greenhouses every 2 years).
And that's hardly the only issue. To get your fuel out, you have algæ interspersed in water. You have a lot more water than algæ, but need to get dry algæ out. There are a lot of different processes out there, but at its most basic level, it's generally a very costly, energy-intensive process. And this says nothing of preventing fouling of your systems by algæ, of maintaining purity in even closed systems, of refining the dried algæ, and so forth. Or the fact that in general, extremely sunny / cloud-free areas typically have water shortages as well, and the most productive algæ are freshwater species who only yield their high figures in very controlled circumstances pertaining to what's in the water.
"/etc/rc.d/rc.sysinit is a gimp plugin and must be run by the gimp in order to be used."
None of this is true.
1) Cost is the killer, not battery life. Most EV from major manufacturers are coming with 8-10 year warranties on the packs. Toyota and Honda have had no problems maintaining long lifespans on their hybrid packs, and hybrid packs are put through a *lot* more stress than EV packs (far more charge/discharge cycles, at faster rates)
2) They are not "only good for landfill". "End of life" is usually defined at about 80%, but you can obviously drive it beyond that. And even when they're not used for cars any more, you better believe that power companies would love to get their hands on cheapo used EV packs with 50-80% capacity left in them, to buffer the grid. Battery buffers are often useful for things you wouldn't even think of, not just the obvious ability to use more intermittents or deal with sudden losses in generation or surges in demand. For example, one of the rattlesnake lines out in Utah, which runs from Moab through Castle Valley and onward, has very limited capacity, but they keep getting new requests to hook up to it that they couldn't handle during peak times. Well, what do you do - build a brand new, expensive line in the middle of nowhere? Nah, they just built a big battery buffer halfway down it, which they load up during off-peak times and unload during peak times. Batteries are incredibly useful for the grid, but oftentimes these days, they're too expensive for a lot of tasks they'd be great at. Hence...
3) Automotive-style li-ions (which pretty much everyone except Tesla and their partners are using) are of chemistries that are so eco-friendly that you can literally dispose of them in with municipal waste after discharging in most localities. The CEO of BYD likes to show off his batteries by drinking the electrolyte from them for reporters.
4) Even algae is grossly, grossly inefficient compared to solar panels on the same land, orders of magnitude difference. And way too expensive.
"/etc/rc.d/rc.sysinit is a gimp plugin and must be run by the gimp in order to be used."