At this point, owning an all electric vehicle has been seen as something of a vanity. In recent years it’s becoming more commonplace and acceptable; even more affordable. But still, there aren’t many options when it comes to common consumer electric vehicles. Especially for practicality sake and on a budget.
As every car manufacturer is scrambling to find the best electric solution, there’s a second part of the race that will inevitably determine the winner. Cost. It must be affordable enough to replace combustion engine vehicles.
“The competition to fine-tune proprietary technology to cut electric vehicle battery costs is replacing horsepower wars as the battleground for deciding the industry’s winners and losers.
GM has said it aims to reduce battery cell cost to well under $100 per kilowatt-hour by 2025, compared with more than $150/kW today. GM executives also have said the company expects its future EV batteries to last for a million miles or more, with driving ranges of 500-600 miles (805 to 965 km) between charges.”
Saemsen is ready to end the “better battery” race — and show the world that it’s not all about the battery.
More Info Links
https://seekingalpha.com/news/3680149-gm-testing-technology-aimed-at-cutting-ev-battery-costs
https://media.gm.com/media/us/en/gm/home.detail.html/content/Pages/news/us/en/2020/mar/0304-ev.html
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