AER Technologies, Inc.’s Post

EVs will only get cheaper & cheaper & cheaper….while EV range will only get longer & longer & longer….while EVs will only get safer & safer & safer! This combination is deadly for the gas car!

Electric car batteries are seen as a possible option for increasing energy storage capacity, though increased wear and tear seems not to be as big of a question as it should be. Electric cars only have so many charge/discard cycles and battery systems aren’t cheap.

It’s fantastic that electric vehicles are closing the gap to bring pricing parity with their gas guzzling counterparts! There’s a clear path to EVs being lower cost, simpler, and lower maintenance.

Battery EVs will only secure a maximum of 30% of the market. 1 billion people still live without electricity, while they are also expensive and need charging infrastructure to operate

How Electric Car Batteries Might Aid the Grid (and Win Over Drivers) Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset

Why is the U.S. transition from internal combustion engines (ICE) to electric vehicles (EVs) stalling? Drivers in the US are accustomed to much cheaper gasoline than Europeans. They’ve learned to like big vehicles and expect to be able to drive them great distances. With current technology, this puts EVs at a serious disadvantage. The conspicuously slow rollout of charging stations has added to the “range anxiety” that preoccupies many potential buyers. Complaints that EVs are less reliable than promised and more expensive to repair and insure have also made them a hard sell. https://lnkd.in/eAcgtaPa

People are keen to talk about how EVs basically become paperweights if their batteries break. And they cite out-of-date prices to replace an EV battery, like $30k for a Tesla (true in 2012 maybe). But the reality is that many of these hiccups are just short-term growing pains. Because of the rapid rise of EVs, we haven't got the full range of ancillary services built up around them...yet. But we'll see quick development of: - First responder know-how, in how to deal with BEV accidents - Longer battery life, smarter charging to extend life - Battery recycling, but also important second-life-ing of car batteries - Battery fixing, upgrading, expanding, and more - SAFELY ...to wit, this article about the growing sector of BEV battery repair:

The EV market, that once held such promise is turning into a real debacle. Basically, if you own a private home and can charge there, it's slightly cheaper to run. If you are rapid charging, it costs double to run, and these vehicles are typically 30% more expensive than their ICE equivalents. Why on earth are we going to charge a 100% tariff on Chinese EV's?

According to an article on Yahoo Finance, the US market can see electric vehicles and fossil fuel vehicles reach price parity very soon, based on the falling price of lithium, a key component in the batteries used to power EVs. This has seen battery prices drop as much as 40 percent between 2023 and 2025. More at the link. #uYilo #EV #ElectricVehicle #ElectricCar #eMobility #EVPrices #EVCosts #BatteryCosts #LithiumPricing https://lnkd.in/dqm9ZsXA

Bloomberg article has some interesting highlights of Chinese EV manufacturer growth: “China recorded a month where more than 50% of new vehicles sold were battery electric vehicles or plug-in hybrids, overtaking internal combustion engines. In the US, meanwhile, EVs seem stalled at 10% of the market”….”China’s cost advantage & grip on the EV supply chain is virtually unsurmountable, at least for now.” https://lnkd.in/gDYJBfeM