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Post by Deleted on Sept 18, 2020 13:20:18 GMT
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Post by Deleted on Sept 22, 2020 9:01:01 GMT
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Post by PG on Sept 25, 2020 10:26:13 GMT
I see that Musk has said that he wants to get battery costs below $100 / kWh. If he can pull that off, it would make EV's much more economical to build.
From the DT online: Electric car batteries currently stand at about $147 per kWh, down from $381 per kWh in 2015 and over $1,000 per kWh in 2010, according to Bloomberg New Energy Finance. Tesla believes that in order to compete directly with traditional internal combustion engine vehicles, this figure needs to be cut to under $100.
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Post by Bob Sacamano v2.0 on Sept 25, 2020 10:59:50 GMT
I see that Musk has said that he wants to get battery costs below $100 / kWh. If he can pull that off, it would make EV's much more economical to build. From the DT online: Electric car batteries currently stand at about $147 per kWh, down from $381 per kWh in 2015 and over $1,000 per kWh in 2010, according to Bloomberg New Energy Finance. Tesla believes that in order to compete directly with traditional internal combustion engine vehicles, this figure needs to be cut to under $100.These are all landmarks that seem difficult to achieve when first stated but technology development invariably gets there. It was only a few years ago that electricity generated by offshore wind was coming in at £120/MWh and was heavily subsidised by the Government. The challenge was to get it below £100/MWh and reduce subsidies. The latest strike prices for offshore wind are now £44/MWh - £8-£9 less than what you would expect to pay on the open market, meaning that the Treasury will actually start to receive money from the operators - approx £600 million by 2027. |
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Post by PG on Sept 25, 2020 11:09:53 GMT
And I would not bet against Musk not to achieve that target price. And if he does it wth some technology that he owns, Tesla will take another leap forward v the rest of the industry.
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