T&E present a summary of their study which shows that European carmakers can produce affordable EVs (40 kWh LFP battery, 250-300 km range) priced at €25k by 2025 with a reasonable 4% profit margin. Priced for the mass market, this would add a million extra EV sales annually, accelerate the removal of combustion engines, and counter China’s dominance of the EV market. The obstacle is the insistence by Europe’s leading manufacturers - BMW, … [Read more...]
How do we get EV payback periods down to 4 years?
The take-off of EVs will happen when the lifetime cost of ownership falls below that for a conventional car. But let’s remember that “lifetime” for a Brit means 4 years as that’s the average period of ownership. Gerard Wynn and Arjun Flora at IEEFA show how the payback period on Gerard’s Renault Zoe ZE50 has been cut by over a fifth simply by signing up to a smart meter tariff. It’s dropped from 10 to 8 years. The UK is nearing the universal roll … [Read more...]
Electro-mobility planning, pricing, smart-charging: “Pentalateral Region” can lead Europe
At the end of October, Ministers and Director-Generals of Energy and Mobility from the Pentalateral Region (Belgium, the Netherlands, Luxembourg, France and Germany), CEOs and experts came together to understand how electro-mobility can accelerate the energy transition. Reducing vehicle emissions is one thing, but a vast number of “batteries on wheels” can also enable rapid grid expansion. IRENA were one of the experts, and their analysis says … [Read more...]
