When Tesla announced its model 3 and took orders for 400,000 cars it had a devastating effect on the traditional car manufacturers who can now see that they have been far too complacent. Their symbiotic relationship with the oil companies has gone on far too long and they now realise their mistake and are scrambling to catch up.
Up to now electric cars have been more expensive and considered by the traditional petrol head manufactures a bit of a joke but this is because nobody before Tesla had used a volume production line for manufacturing to get costs down. However, when you consider a few facts you can see the depth of their mistake.
Up to now electric cars have been more expensive and considered by the traditional petrol head manufactures a bit of a joke but this is because nobody before Tesla had used a volume production line for manufacturing to get costs down. However, when you consider a few facts you can see the depth of their mistake.
A petrol car has 2000 parts a whereas an electric car has 10% of that. A petrol car already has two electric power units, a starter motor and an alternator, and there is an annual world production of around 150 million of each so electric car motors can be very cheap in volume production.
Batteries prices are on a steep downward curve and this is with existing technology. Many research laboratories around the world are announcing breakthroughs in new materials and performance so we can expect many more improvements with an increase in research investment.
There will be leapfrogging downward plunge in car and van prices which will eliminate oil powered cars in much the same way that mobile phones and digital cameras devastated the tradition manufacturers and it could all happen in ten years.
When you include driverless car technology and solar energy providing very cheap energy, the transport industry as we know it is due for some massive changes and nothing will be the same again.
We may reach our CO2 emission reduction targets with a market driven initiative that will cut our oil consumption and save us money at the same time and no government intervention.
When you include driverless car technology and solar energy providing very cheap energy, the transport industry as we know it is due for some massive changes and nothing will be the same again.
We may reach our CO2 emission reduction targets with a market driven initiative that will cut our oil consumption and save us money at the same time and no government intervention.
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