Something about electric cars.

in blurtech •  4 years ago 

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Today's consumer goods. In fact, it may have taken another ten years to eliminate the cost of living between car segments, resulting in higher fuel costs and the maintenance of standard cars and trucks.

These findings are in stark contrast to other research groups, who concluded that electric cars could reach price equals with electric ones in the next five years. The expected price variance predicted by the MIT report could limit the change in low-emission vehicles, requiring governments to increase subsidies or set targets for equal adoption of EVs and cuts in climate change.

Transportation is the largest source of greenhouse gas emissions in the US and the fourth largest in the world, so there is no way to achieve the necessary reductions to avoid dangerous global temperatures without major changes in clean cars and mass transportation systems.

The problem is that the steady decline in the cost of lithium-ion batteries, which enable electric cars and accounts for about one-third of its cost, is likely to decline in the next few years as they approach the limits set for the cost of raw materials.

“If you follow some of these other measurements, you actually end up with less battery costs than the ingredients needed to do it,” said Randall Field, executive director of the Mobility of the Future team at MIT. "We see that as a mistake."

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