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In real world conditions, all-electric cars can sometimes fall far short of advertised ranges, car engineers say. That’s particularly so when driving at length on freeways or hilly terrain and in hot or cold weather. The problem adds to drawbacks which have hindered wider acceptance – EVs have shorter driving ranges than gasoline vehicles anyway, are more expensive and take a long time to recharge. China, Europe and the U.S engraved cufflink. state of California have set ambitious requirements for automakers to dramatically increase EV sales over the next 5-10 years, but those goals are at risk unless EVs can come close to matching gasoline engine cars in cost and ease of use..
In China, the country most aggressively pursuing the adoption of EVs and home to the world’s largest auto market, some of the industry’s biggest names believe pure battery electric cars will be as cheap as gasoline counterparts by 2025 engraved cufflink. Those making that prediction include Ouyang Minggao, executive vice president of the EV100 forum, a think tank which is widely seen as the de facto voice of government policy. “The turning point is coming. We believe that around 2025, the price of pure electric vehicles will achieve a big breakthrough,” he said in a speech in January..
Ouyang cited a reduction in battery costs to $100 per kilowatt hours from $150-$200 currently and a planned tightening of emissions rules in China which will make gasoline vehicles there more expensive. But others in the EV industry are less optimistic. “Chinese policymakers think EVs will become more like conventional gasoline cars as early as 2025 engraved cufflink. But that’s naive and all automaker engineers would agree with me,” said a veteran EV engineer at Honda Motor Co. “Sure, there’s an EV boom but hybrids and plug-in hybrids will be needed as bridging technologies,” he said..
The engineer was one of five interviewed by Reuters for this article who believe it will take a decade before battery EVs achieve cost and performance parity with gasoline cars. Most were not authorized to speak to media and declined to identified when describing the shortcomings of EV technology. But pressure to deliver parity will only grow as China rolls back subsidies while setting quotas for sales of new energy vehicles (NEVs) engraved cufflink. China wants NEVs – which also include hybrids, plug-in hybrids and hydrogen fuel cell vehicles – to account for a fifth of auto sales by 2025 compared with 5 percent now..
For most automakers, battery cells cost around $200/kWh, the engineers said, although costs for Tesla Inc are believed to be around $150/kWh, partly due to its much greater scale of production engraved cufflink. Tesla declined to comment. To cut costs, firms are working on slashing the use of cobalt, the most expensive part in lithium-ion batteries. Firms such as China’s Contemporary Amperex Technology Co Ltd (CATL), BYD Co Ltd and South Korea’s SK Innovation Co Ltd are developing NMC 811 technology. It uses 80 percent nickel, 10 percent manganese, 10 percent cobalt, while a conventional lithium-ion battery uses 60 percent nickel, 20 percent manganese and 20 percent cobalt. NMC 811 also delivers more energy density, meaning batteries will cost and weigh less..