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Making electric mobility affordable
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Written on: 08 December 2010 [10:23]
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ecoadmin
Administrator
registered since: 20.07.2007
Posts: 586
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Source: International Energy Agency) For the next 5-10 years, the cost of electric and plug-in hybrid vehicles will likely be substantially higher than that of similar sized combustion engines. Dramatic cost reductions for batteries will be needed to commercialise such new technologies. The International Energy Agency estimates that in the near term batteries are likely to cost around $600 per kilowatt-hour. This means that for a 30kWh vehicle the batteries alone would cost $18,000-24,000 per vehicle. The cost is expected to drop to a target of $300 per kWh in around 2015-2020. The fact that batteries will remain at a higher price for some time, should be an incentive for car makers to produce lightweight and efficent EVs. This would bring the costs of ownership down and mitigate the effects of high battery prices. And, like someone else in the forum said, more important of all, subsidies for fossil fuel production should be stopped. This would bring the price for renewable energy in the range of their competitors. Twike 890
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