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Mars is a great market for pure EVs

Thu, 02/08/2018 - 14:35 -- Vic

All power to Elon Musk and SpaceX. What an incredible achievement to build the world’s most powerful rocket, make much of it reusable and have a sufficient sense of humour to put one of your other company’s product— a Tesla electric car, atop of it all and send it toward Mars! Tesla is losing a fortune, so what the hell?

This writer didn’t know if any of the Tesla team was at last week’s Advanced Automotive Battery Conference in Mainz last week, but maybe Menahem Anderman had a word in his ear. “You’ve got about as much chance of selling fancy electric cars on Mars mate, as you have in the USA or even China for that matter.” So perhaps Musk took him literally at his word?

It’s still all about the battery and Anderman literally laughed out of court the major automotive OEM’s predictions about how many pure EVs they’ll sell by 2025— only seven years away. 20% market penetration?  “Balls” as we say in the UK. Anderman reckoned 5% or probably less. It’s a little different in the People’s Republic of China. If you want a car in Beijing, you have to have an electric. It’s a government order.

But for the rest of the world? Big lithium-ion will still be too damn expensive even that far down the road. No cheap ingredients… nickel cobalt.  Get that into your heads!

Draw your own conclusions; it’s stop start for the rest of us. And that means… yes, lead!

The lead people though were not present in large numbers at AABC— outnumbered 10:1 by the advanced chemistry people.

In their own cosy sessions the lead men concentrated on difficult technical issues but failed to be exuberant on the good things coming their way in years to come— as long as they can keep the damn legislators off their backs. Maybe that’s the problem… they are too old to party! But they need to… lead industry stocks have got to be a better bet than so many new alternative chemistries.

You can read more about what really mattered at AABC in my exclusive report in the Spring issue of BEST. Make sure you’ve subscribed.

Romeo Power woos investors for storage start-up

Wed, 08/30/2017 - 10:14 -- News Editor
Romeo Power woos investors for storage start-up

California energy storage start-up Romeo Power— which boasts a workforce including “top engineers and designers” from business rivals Tesla— has secured $30 million in seed financing.

Romeo said on 24 August it was now pushing ahead with the installation of a fully-automated 113,000 square-foot manufacturing facility in Los Angeles that is set to be ready by the year’s end.

 

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