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Inexpensive Electric Cars May Arrive Sooner Than You Think

catchblue22 writes According to an article in MIT Technology Review, a new peer reviewed study suggests that battery-powered vehicles are close to being cost-effective for most people: "Electric cars may seem like a niche product that only wealthy people can afford, but a new analysis suggests that they may be close to competing with or even beating gas cars on cost. ... The authors of the new study concluded that the battery packs used by market-leading EV manufacturers like Tesla and Nissan cost as little as $300 per kilowatt-hour of energy in 2014. That's lower than the most optimistic published projections for 2015, and even below the average published projection for 2020. The authors found that batteries appear on track to reach $230 per kilowatt-hour by 2018. The authors found that batteries appear on track to reach $230 per kilowatt-hour by 2018. If that's true, it would push EVs across a meaningful threshold."

5 of 330 comments (clear)

  1. Re: The authors found that batteries appear on tra by Maxo-Texas · · Score: 4, Informative

    The tesla is a bad example. The 85w has a range over 300 miles.

    My gasoline car has a range of 250 to 265 miles (280 pure highway).

    Also, it presumes the old battery has zero value. I'm not sure that's true.

    There's also some math problem since a tesla owner site says

    http://my.teslamotors.com/it_I...

    "1. we know the cost to replace an 85 kwh battery is ~$12,000"
    This is apparently with a trade in of the old battery...

    Others in the same discussion mention 20 year life spans for well maintained batteries.
    And others say that as long as the range exceeds 75 miles, it's usable for their daily driving needs ( so the tesla battery pack could lose 65% of it's capacity and still be fine. Some say 50 miles (which was typical of my usage for my ICE when I was working).

    Just FYI...

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  2. Re: The authors found that batteries appear on tra by wchin · · Score: 4, Informative

    At the moment, the Tesla Model S battery pack is definitely expensive and likely costs consumers about $25,000 for the 85 kWh battery pack. It is likely to last somewhere around 300,000 to 500,000 miles. People are basically paying between $0.05 and $0.08 per mile for it. At a national average of $0.12 per kWh and you get 3 miles/kWh, the electricity cost per mile is about $0.04. With special time of use rates, it is possible to pay for electricity at half that price. Which means $0.02 per mile. That means the cost of electricity + the battery pack = $0.07 to 0.12 per mile.

    Assuming super unleaded costs $2.50/gallon, here are some comparisons:
    BMW M5, 16 mpg combined, $0.16 per mile.
    Jaguar XF, 23 mpg combined, $0.11 per mile

    Usually where electricity is expensive, gasoline is also expensive.

    Of course, if you are doing this kind of comparison, you are basically removing $25,000 from the price of the car and placing it under the energy/fuel column. So looking at total cost of ownership makes the most sense. Most people aren't yet used to looking at the TCO for a vehicle so electric cars look more expensive up front but if you examine TCO, you'll see that, in many cases, they are less expensive.

  3. Re:other stuff matters also? I claim it does by DCFusor · · Score: 4, Informative

    Real life experience with my 2012 Volt (since Oct-2011) says yes, they get really reduced range in the cold (I get nearly 50 mpc in summer, around 35 in winter), when running the heater. So I don't - I preheat the car while on my off-grid power (the heated seats help a lot and don't draw squat in the scheme of things, they are a rounding error). The AC is killer-efficient and doesn't use diddly of the power, it's really effective too. I wish they had a heat pump for the cold times. Else, no issues. I'm not going to sell this one - I'll drive it till I can't anymore. For one thing, it's super fun to drive too - and surprisingly fast on the mountain twisty roads where I live. Sleepers are more fun sometimes...

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  4. Re: The authors found that batteries appear on tra by ShanghaiBill · · Score: 3, Informative

    replacing the drive train is not normal maintenance, as would be replacing the battery in an EV.

    Replacing the battery is NOT "normal maintenance", and most EV owners will never need to do it. The Prius battery is warrantied for 150k miles, and many people have driven their cars much further than that, with no problems. These are for batteries made years ago. Battery tech has improved a lot recently, and new batteries being made today should have even longer lifetimes. Future batteries will be even better.

  5. Re:Anyone watch Who Killed The Electric Car? by drinkypoo · · Score: 3, Informative

    One thing in particular is that they found the battery manufacturers were not at fault - at least not as much as the other "suspects"

    False. (read also following section) In fact, they concluded exactly the opposite of what you claim: they stated that battery manufacturers and patent holders were at fault, as much as the other "suspects".

    --
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