Battery manufacturer Ener1 just announced that they're foreseeing an 50% drop in the price of lithium ion batteries as production increases. Where exactly this price drop will be coming from, we're not sure.
A couple of statements indicate that a lot of it will come simply from scaling up manufacturing, and that it won't happen until their dealing in hundreds of thousands of units. But they're also indicating that demand isn't likely to do anything but increase exponentially. Of course, that's what they hope, and it's my personal opinion as well. But it's certainly not guaranteed.
Ener1 has also stated that they are expecting two new development deals this year. They already provide the lithium ion batteries for Think's City Car in Europe. But the CEO is promising that these deals will be with much larger car companies. And though GM and Toyota already have their Li-ion suppliers lined up (Toyota will probably be building it's own,) there are an awful lot of car companies that still aren't sure how they're going to break into the lithium ion powered future.
Lastly, according to their calculations, this 50% reduction in li-ion battery cost will translate to a significant reduction in the cost of hybrid vehicles. They're expecting, in fact, that the time it takes for hybrids to pay for themselves will drop from 7 to around 2 years.
It's pretty likely that every new car on the road will have a lithium ion battery pack in it in a mere ten years. So I expect that their vision for increased demand isn't unwarranted. Whether there are some unseen bumps in the road, however, is an entirely different matter. But if these prices do drop the way Ener1 says they will, then the world is going to be a cleaner and more electrified place pretty soon.
Via The Guardian

written by Tom Saxton, September 01, 2008
After nearly 10 years of wanting to drive pure electric, my wife and I finally joined the group a month ago. It's amazing how quickly you can get out of the habit of going to the gas station. After three weeks of driving our 2002 RAV4-EV, I had to go refill our Honda Insight. It was genuinely strange to have to go through the gas-pumping ritual when it's so much easier to just plug in at home.
Don't be the last one left driving a terrorist-funding, environment-destroying, economy-crippling gas burner.
written by SFlyte120, September 01, 2008
Should be they're. That's not the sort of sloppy mistake I expect to see from this fine blog!
written by MJK, September 02, 2008
written by Carl, September 02, 2008
With a supplemental gas engine, a smaller capacity (kWh) is practical, and a less powerful (kW/HP) battery and motor is required. As prices come down, the full EVs will be more widely available, but in the next decade, hybrids seem awfully attractive.
written by stas Peterson, September 03, 2008
We will covert autos and GrounD Transport to electricty within a few short years.
The Future is not some dumb limited poverty stricken place. It's a a place where every human get a chance for a decent life...
written by Fernando B, September 25, 2008
1) No current electric car offers this kind of range....at an affordable price.
2) Public transportation is so horrible in South Florida that point to point, (Bus -> Train -> Bus), takes aboutj 2:47 hrs average time each way.
3) A "good" hybrid like Prius or Civic or a SMART or a new Jetta diesel are the best alternatives right now...Since the SMART is the only option in the low range and only offers 2 passenger seating, other options would be: Yaris, Corolla, Fit, Civic, Cobalt, Aveo, Focus. Can't wait for the Fiesta and Cruze to get here...
4)...Because moving closer to work would mean getting rid of my current $500/month payment for a new $2,000 mortgage payment. Which IS STUPID!!!!
5)...Because I cannot find a job in my profession nearby...
6) Because my company does not offer (or does not want to offer?) remote work.
written by Uncle B, October 01, 2008
written by Kevin Brennan, October 02, 2008
Oh, and Uncle B, you might want to check some numbers before you go around attempting to ban vehicles you don't like. Taking all the cars in the US off the road would be a minor impact on both oil imports and the environment, so I don't see how your highly hypothetical 80 mpg will help. Not to mention that increases in good such as gasoline would be regressive in nature. While you're at it, you may want to look up some history. The subprime mortgage crisis which has throttled our investment banks is a direct byproduct of the subprime mortgages initiated in the Carter era and accelerated in the 90s. Congress refused to check on Fannie and Freddie, landing us where we are today. Leave the executive branch out of it.
written by Ed, October 09, 2008
The US is a top recycler and producer of lead. This keeps the materials domestic so we're not simply trading one import (oil) for another (lithium).
I hope I can get my hands on some of these for my electric car.
http://www.ZeroGasoline.com
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written by BlogOnSmog, February 07, 2009
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The production of these cars was:
20/year (five years ago)
190/years (2007)
300-350 (2008)
source: http://www.aftenposten.no/engl...626301.ece