That's nonsense. I don't believe oil will be $320-$440 a barrel any time soon. Oil companys don't get any special tax treatment. They recieve a way to depreciate their capital investment and intangible drilling costs. A realestate investment trust recieves the same tax treeatment. As far as the military protecting oil investment that is pure nonsense. If that were true American companys would be in Irac. They aren't. This is supposed to be about technology and not politics!
Charles the real subsidies hurting EV's are the massive ones for oil like protecting international oil companies for free. All up it's about 15% of the Fed budget and 50% of the military budget. If that was in oil as it should be we'd have been doing EV's long ago. That also mean YOU pay 15% more in taxes to cover it.
Next Lux or Pike have rarely been even close to correct 5 yrs out. They really don't have a clue based on their histories. Lithium batts/kwhr will easily double if not triple by 2018 because of 2 things, oil will be $8-10/gallon by then if the world economy recovers and lithium bats will be cheaper, under $200/kwhr retail in plug and play modules which is about what OEM's pay now for cells.
Tesla is getting them at about $150/kwhr for cells now. Musk laughed when asked and just said the battery prices are much lower than the press has been saying.
And if you do a teardown of them you'll find the cost of making cells for materials is under $100/kwhr now. At 22lbs the average costs of them is around $4/lb mostly plastic, iron, alum, copper, phosphate, etc . Even the .5lb of Lihium Carbonate is only $8/lb.
But again the problem isn't the batteries but refusal to build real cost effective EV's to use the ones we have. Just by cutting weight and better aero you can cut battery/costs by 50%.
And it's not like this isn't known as the GM UltraLite, Impact EV, Lovin's Hypercar, the Toyota 1/X done in medium tech composites get over 100mpg even on gas or 240 mile range on the Volt's 24kwhr pack. Heck even high schools are making them using Factory 5 kitcar body/chasis and doing the drivetrains smartly!!
But economics will win and if Detroit doesn't get with the program, they wil get left behind again.
2 recent details. An Electric MC, the Lightning MC, won the Pikes Peak race against the best gas bikes in the world. It's also the fast production bike in the US.
And Nissan Group just passed 100,000 EV sales.
As for start/stop the Lead batt problem is not recharging it completely before parking will make them sulfate up and die. And running the motor to do it is a waste. Best would be plug the car in to top thw batts up to full at least 1/wk.
Lithium on the other hand needs not to be fully charged for long life. OEM AGM's are likely $200/kwhr so Lithium isn't that far away. Retail on AGM's like Orbitals, Optima's are $400+/kwhr now so Lithioums are a lot closer than many think. It's only flooded lead that holds the line at about $60/kwhr OEM and $100 retail.
For these reasons Lux is just wrong as usual. And repoters like you keep reporting them anyways. Why? Can't you find someone who actually knows what they are talking about?
Yes, naperlou, it's surprising that the mobile devices market is almost 3X the size of the other categories. In tomorrow's story, we'll see what happens to the automotive category when subsidies are removed.
That is interesting. That the sales for mobile devices is almost three times the other uses combined is very suprising. I say this becuase of the relative size of the batteries.
Also interesting is the electric bike phenomenon. I ride a bike for exercise, so I would not be interested in this. Also, I understand that the bicycle is the most efficient way to move people. So, this is really a suprising phenomenon.
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