$TESLA (TSLA.US) $ COST REDUCTIONS FOR NEW ENERGY CARS COME PRIMARILY FROM FALLING BATTERY PRICES AND ACHIEVING ECONOMIES OF SCALE
$Tesla(TSLA.US$
Battery price drop: Over the past decade, lithium battery prices have fallen from $0.48/hr to today's $0.09/hr. It is expected that as production energy is gradually released, it will reach $0.045 per hour in a decade.
Battery price drop: Over the past decade, lithium battery prices have fallen from $0.48/hr to today's $0.09/hr. It is expected that as production energy is gradually released, it will reach $0.045 per hour in a decade.
Economies of scale: With the expansion of the electric car market, the scale of production is also increasing. This causes the cost of production to gradually decrease, causing the price of electric cars to fall.
Future forecast: Electric cars are expected to reach the same price as gasoline or diesel cars by 2025 to 2027, and will soon be cheaper after that.
Energy saving and cost saving: Because electric motors in electric cars have fewer moving parts than traditional internal combustion engines, they are cheaper to maintain. They also offer better fuel economy and offer a better cost per mile than traditional cars.
As a result, the cost of new energy cars can be reduced in a number of ways, including technological advances, economies of scale, and policy and market factors.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
