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Wednesday, March 25, 2015

Automakers race to double the driving range of affordable electric cars

Global automakers are readying a new generation of mass-market electric cars with more than double the driving range of today’s Nissan Leaf, betting that technical breakthroughs by big battery suppliers such as LG Chem Ltd will jump-start demand and pull them abreast of Tesla Motors Inc.

At least four major automakers — General Motors, Ford, Nissan and Volkswagen — plan to race Tesla to be first to field affordable electric vehicles that will travel up to 320 km (200 miles) between charges.

That is more than twice as far as current lower-priced models such as the Nissan Leaf, which starts at $29,010. The new generation of electric cars is expected to be on the market within two to three years.

To get a Tesla Model S that delivers 265 miles (427 km) on a charge requires buying a version that starts at $81,000 before tax incentives. Most electric cars offered at more affordable prices can travel only about 75 to 85 miles (121 to 137 km) on a charge – less in cold weather or when drivers have the air conditioning on.

Automakers need to pump up electric vehicle demand significantly by 2018. This is when California and eight other states will begin to require the companies to meet much higher sales targets for so-called zero emission vehicles — in other words, electric cars — and federal rules on reducing fuel consumption and greenhouse gases become much stricter.

BATTERY BREAKTHROUGHS

Tesla Chief Executive Officer Elon Musk said last week that “200 miles is the minimum threshold” to alleviate consumer concerns over EV range. There is “a sweet spot around 250-350 miles that’s really ideal,” he said.

Musk has promised a more affordable Tesla, the Model 3, which will sell for around $35,000 and provide a driving range of 200 miles or more. That car is slated to begin production in mid-to-late 2017.

However, GM says it plans to field a 200-mile electric car, the Chevrolet Bolt, by late 2016.

The Bolt will use an advanced lithium-ion battery pack developed by Korea’s LG Chem, which also supplies batteries for the Chevrolet Volt hybrid. The newer batteries are said to have much higher energy density and provide much longer range between charges, thanks to breakthroughs in battery materials, design and chemistry, according to a source familiar with LG Chem’s technology.

"Several factors are at play that are landing at this 200-mile range" for a vehicle priced between $30,000 and $35,000, LG Chem Chief Executive Prabhakar Patil said in an interview. "We’ve been talking to several OEMs (automakers) regarding where our battery technology is and where it’s going."

LG Chem also supplies standard lithium-ion batteries to the Ford Focus Electric and may supply the longer-range batteries to a new compact EV that Ford is tentatively planning to introduce in late 2018 or early 2019, according to three suppliers familiar with the program.

Compared with the 2015 Focus Electric, which has a range between charges of 76 miles, the new compact electric model would have a range of at least 200 miles, the suppliers said.

Nissan and VW both have battery supply deals with LG Chem, and both are working on longer-range EVs for 2018 and beyond.

Nissan is planning to introduce a successor to the Leaf in early 2018, according to a source familiar with the program, and that model is expected to offer significantly greater range than the current Leaf, the best-selling electric car in the United States, which can go 84 miles (135 km) between charges.

The 2015 Leaf uses batteries made by a joint venture between Nissan and supplier NEC. It is not clear if the future model will shift to LG Chem, although Nissan CEO Carlos Ghosn has identified LG Chem as a potential battery supplier.

VW plans to expand its current range of electrified vehicles, including a successor to the battery-powered e-Golf in 2018 with much longer range, according to two sources familiar with the program. The current e-Golf uses batteries made by Panasonic and has a range between charges of 83 miles.

Volkswagen plans to decide in the first half of this year whether new battery technology under development at U.S. startup QuantumScape Corp, which may expand an electric vehicle’s driving distance between recharges to as much as 700 kilometers (430 miles), is ready for use in its electric cars.

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4 comments:

Anonymous said...

I plea Apple to rush into the game and show all others how a smooth, decent, 700 km range battery is being made.Then we buy Apple cars, not those cripples with alleged 300 km range. So long ...

Anonymous said...

Forgot to say that Apple should roll out the EV with 15k price tag - then it would not only be competitive, but conquer the market and rule it decently, as it deserves. Apple morph move ...

Anonymous said...

All I want is a fully enclosed all electric low speed scooter for $8K but no one seems to want to build it. Toyota iRoad will miss the mark on the high side. Organic Transit ELF is already missing the mark on the low side with a semi-enclosed pedal electric hybrid for $4K. Low speed means cheaper and longer range per cost. Also get in the bikes lanes and scoot around urban environment pretty much just as fast as a regular car. Come on, if China can sell 20M EV scooters per year then somebody in N. America can build the vehicle I'm describing. At least half of vehiculer trips are short and around town. Build this vehicle and give big oil a serious shin kicking.

Anonymous said...

I love to see fierce competition in EV market so that price come down quickly

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