The Inevitable EV Explosion

Joe Capitalist said:
Today, 07:04 AM
Yagina
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As prices fall, two thirds of global car sales could be EVs by 2030, study predicts

Report predicts battery costs should halve this decade

https://apple.news/Akk5AOERnRfePKm4CHttNgw

LONDON — Spurred by falling battery prices, electric vehicles could hit price parity with fossil-fuel models in Europe in 2024 and the U.S. market in 2026, and account for two thirds of global car sales by 2030, according to new research.
A report by the Rocky Mountain Institute (RMI) on Thursday predicts battery costs should halve this decade, from $151 per kilowatt hour (kWh) in 2022 to between $60 and $90 per kWh, making EVs "for the first time as cheap to buy as petrol cars in every market by 2030 as well as cheaper to run."
Batteries are expensive and account for around 40% of an EV's price tag, a cost that has so far made them unaffordable for many consumers.

But those prices are steadily coming down as carmakers invest in new battery chemistries, materials and software to make more efficient EVs, RMI senior principal Kingsmill Bond told Reuters.

According to RMI's analysis, the rapid growth of electric models in Europe and China "implies that EV sales will increase at least six-fold by 2030, to enjoy a market share of 62% to 86% of sales."
EV sales in the European Union jumped almost 61% in July versus the same month in 2022, accounting for 13.6% of all car sales.
The European Union aims to ban the sale of new fossil-fuel models from 2035.
 
Joe Capitalist said:
Plug into the Future: The EV Trends to Look Out for in 2023

Electric vehicles are at the forefront of sustainable mobility, leading the automotive industry to undergo significant transformations. According to the International Energy Agency’s (IEA) latest Global EV Outlook, EV sales went from 1 to 10 million between 2017 and 2022, where it previously took the same amount of time to reach 1 million between 2012 and 2017. Last year alone, electric car sales increased by 55% compared to 2021.

China, Europe and the USA were the top three EV markets and accounted for 95% of global EV sales in 2022. Three emerging markets also stood out: India, Indonesia and Thailand, where EV sales more than tripled compared to the previous year.

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Soaring opportunities for commercial electric vehicles

Sales of electric light commercial vehicles such as vans have surged by 90% in the past year. Electric heavy-duty vehicle sales have gone up by 45% between 2021 and 2022. Zero-emission buses now represent 4.5% of global bus sales and the IEA highlights that electric bus sales are much higher in countries that have prioritized greener alternatives for public transport: in Finland, they represent 65% of the country’s total bus sales.

Opportunities for electric heavy-duty vehicle development should flourish in the coming years: more than 200 new models entered the market in 2022 and 27 countries have pledged to reach 100% electric bus and truck sales by 2040.

Charging and fleet-as-a-service for electric trucks

Manufacturers can broaden their prospects by exploring the development of charging and battery-swapping stations for trucks that travel longer distances. The IEA draws attention to the benefits of battery-as-a-service for heavy-duty vehicles: purchasing trucks and batteries separately and leasing the battery to vehicle owners reduces costs as well as extends battery life and performance by eliminating the need for ultra-fast charging. This also saves time for drivers who can exchange depleted batteries at dedicated battery-swapping stations in a few minutes instead of waiting for them to charge.
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Yakuda said:
And still no significant advantage for the individual in purchasing an EV over an ICE.

Even as shitty a vehicle as the Model T Ford was, compared to any vehicle today, it had SIGNIFICANT advantages over a horse. That's just not the case with an EV over an ICE.
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The Benz Patent Motor Car was the first automobile and it was terrible compared to a horse.

But thanks for proving your stupidity.
 
Yep, they explode alright, just add water.

"As Hurricane Idalia caused flooding, some electric vehicles exposed to saltwater caught fire"

"Floridians battered by Hurricane Idalia this week may not have expected another threat — that floodwaters could cause their cars to suddenly burst into flames.

Yet that's exactly what happened when two electric vehicles caught fire after being submerged in saltwater churned up by the storm. Firefighters in Palm Harbor, Florida, cited the incidents, both of which involved Teslas, in warning owners that their rechargeable car batteries could combust if exposed to saltwater.

"If you own a hybrid or electric vehicle that has come into contact with saltwater due to recent flooding within the last 24 hours, it is crucial to relocate the vehicle from your garage without delay," the department said in a Facebook post. "Saltwater exposure can trigger combustion in lithium-ion batteries. If possible, transfer your vehicle to higher ground."

https://www.cbsnews.com/news/hurricane-idalia-electric-car-caught-fire-tesla/
 
Mr.Badguy said:
The Benz Patent Motor Car was the first automobile and it was terrible compared to a horse.

But thanks for proving your stupidity.
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Poor Yagina. She keeps wetting her pink panties over the success of EVs.

10 Reasons Why EVs Will Replace The Internal Combustion Engine

https://www.hotcars.com/why-the-ev-will-replace-the-ice-powered-car/

11 - Simplicity
10 - Reduced Maintenance Intervals and Cost
9 - Innovation Driven
8 - Cross-Platform Adaptation
7 - Simplification Of Traction, Braking Control, And Administration
6 - Weight Reduction
5 - Use As A Power Source
4 - Safety
3 - Power Density
2 - Reduction Of Training Needs For Repair And Maintenance
1 - Lowering The Cost On The Environment
 
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