In 2007 the state of Washington passed what may be the most progressive Electric Vehicle law on the planet. Vehicles belonging to the state should have been using electric or biofuel powered vehicles by 2015. Every city, county and local public entity was to achieve this by June 1, 2018. Unfortunately, no steps were taken to implement this legislation. Matthew Metz is the co-executive director of Coltura and the lead author of the white paper “Recharge Recommended,” which explains why Washington is violating its EV legislation and how this can be remedied.
Michel Langezaal believes that electric cars could replace gas cars, as the vehicle of choice, within a decade. The tipping point will come after they have more range and are competitively priced. He said, “History shows us that once you hit 5% or 6%, if the product is better, then the breakthrough comes much quicker.” The latest LUX Research report is more conservative and predicts a $10 Billion PEV Market By 2020.
Fastned CEO Michael Langezaal recently compared EVs to computers on wheels. Gas powered vehicles, on the other hand, have a single function: going forward. The EVs superiority is so obvious that once they have 4-6% of the market and an infrastructure is in place, they will take over. Today’s announcement that Fastned is partnering with Nissan is a wake-up call. The EV tipping point is almost here.
The ECOreport looks at a report predicting the Gigafactory’s Li-ion Production will be +50% Overcapacity
By Roy L Hales
Tesla motors has already defied the odds. Few in the automotive world expected to see a high priced electric vehicle like the Model S achieve such recognition. It has also dramatically boosted the sales of Panasonic batteries, Now Tesla CEO Elon Musk wants to go further. His $4 billion Gigafactory could dominate global production of Li-on cell batteries. Tesla would have to lop 30% off the $/kWh cost and also reduce the costs of inventory, packaging, transportation and duties. This could happen IF Tesla sells 500,000 vehicles, but a new paper from Lux Research predicts the Gigafactory’s Li-ion Production will be +50% Overcapacity.