By the time the battery needs to be replaced batteries will be 90% cheaper.
But it is backed by the data. Check out my other responses.
If you’re either “realistic” or pessimistic, what about the data and trends we already have doesn’t convince you of a giant cost reduction over the decade to produce batteries?
I am looking forward to third parties hopefully releasing their own packs. How would you warranty and insure them though? Also forget about third party packs for Tesla. They have so much integration that I doubt you'll see anything other than replacement packs from Tesla.
Cost of charging an EV is bounded by the ability to add solar panels to your house (currently solar installations “pay for themselves” in 7 years in Seattle - not so sunny - high cost of labor location). The grid and “free market” have to be able to compete with that for cost.
Batteries like solar panels are very cheap to transport. They are flat, they can easily stack, there is no expiration period, and no temperature regulation needed to transport them. Batteries will be produced globally if the local markets start gouging.
Solar panels are already a great example of this cost reduction curve. So I’d say your outlook is very pessimistic and not backed by the data.
A lot of people don't own/live in a house in Europe, let alone a house with enough land for a proper solar installation
If it was that easy every single house would already be self sufficient in electricity, if you can half charge a 60kw EV battery every day you could easily run everything in your house
I'm 100% pro solar but I think people just don't understand the numbers here, with my _yearly_ electricity consumption I can only charge a 75kwh tesla battery 25 times, that's once every 2 weeks.
> So I’d say your outlook is very pessimistic and not backed by the data.
Filling am EV at a public charger in Paris already costs more than filling your gas tank. https://www.frandroid.com/produits-android/automobile/voitur...
I'm telling, people who want to make money won't change overnight. Of course that's different than trickle charging your EV in your garage but a lot of people 1 don't own a garage, 2 won't have the proper installation for a quick charge and won't have that any time soon.
I know lots of people here are 100$k+ tech worker living in fancy and sunny places but the reality is that the vast majority of people can't even afford an EV right now, let alone a 20$K+ solar instal for the house they don't even have yet.
https://ourworldindata.org/battery-price-decline
https://corporatefinanceinstitute.com/resources/management/e...
https://en.m.wikipedia.org/wiki/Experience_curve_effects
If you’re familiar with Moores Law, that is an example of an experience curve.