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Depends on the timing with respect to market demand / production volume of EVs. As battery prices come down due to increased production / economies of scale, E
by mdorazio 7y ago
Depends on the timing with respect to market demand / production volume of EVs. As battery prices come down due to increased production / economies of scale, EV demand will go up so it could be a smooth transition. It could also turn into a glut/bust scenario like you say, but I think we'll see the factories scale up production to meet demand rather than running at 100% from day 1.
- ianai 7y agoCrazy idea time, but I wonder if the scale of battery packs being increased significantly couldn’t help market penetration. It’d obviously require much cheaper and better/lighter tech, but imagine if a battery pack was more close to 1MWh than dozens of KWh and could still charge in hours. It’d make sense to walk a mall for hours once a week for apartment dwellers. I know I’d at least flesh out the purchase idea if I won the lotto.
- jandrese 7y agoThe blow could be cushioned if they drop the prices enough that grid tie battery systems become economical and generate enormous orders to soak up the excess capacity.
- magduf 7y agoBatteries have uses other than EVs, with a big one being power storage. There's a big push to reduce fossil fuel usage and get more power from renewables (solar/wind), but these aren't constant sources of power, so massive banks of batteries would be very useful here for utility-scale use of renewables without needing nuclear or fossil fuel plants for a baseline.
- jersey 7y agoWith V2G, EVs and power storage are one and the same.
- singularity2001 7y agothe last time I checked the CTO of Tesla said that vehicle2grid had negative return on investment but that might have been politically motivated.