Posting in Energy
Speaking at a forum on green technology, Ford's CEO revealed how much electric vehicle batteries actually cost.
Speaking at a forum on green technology, Fortune magazine's Brainstorm Green conference in California, Ford's CEO Alan Mulally revealed how much electric vehicle batteries actually cost.
The high start-up cost of electric vehicles stems from the cost of its components -- namely, the construction and retention of power through electricity-based batteries. In general, car manufacturers have been reluctant to disclose the cost per kilowatt hour.
At the conference, using Ford's Focus Electric model as an example, Mullay indicated that the expense of battery packs for electronic vehicles can range between $12,000 and $15,000 per car.
"When you move into an all-electric vehicle, the battery size moves up to around 23 kilowatt hours. It weighs 600 to 700 pounds and they’re around $12,000 to $15,000 for a car that normally sells around $22,000. So you can see why the economics are what they are."
Based on the information provided by Ford's CEO, the manufacturer pays between $552 and $650 per kilowatt-hour for electronic vehicles including the Focus Electric, which contains a 23 kilowatt-hour battery pack. The retail price is currently $39,200.
According to Ford, the Focus Electric is able to go a distance of 76 miles on a single charge, and its 240-volt charger can replenish the car's battery in just over three hours. The U.S. Department of Energy has set manufacturers a target of reducing the cost of these batteries -- and therefore purchase cost to the consumer -- to approximately $300 per kilowatt-hour.
The electronic vehicle is based on the conventional gas-engine Ford Focus. Due to the traditional model's high volume of sales, the company states it can afford to sell small numbers of the EV, and high levels of electronic car production is not a current priority.
The first markets for the Focus Electric this spring will target New York and Californian customers. Ford sold 12 of the models to fleet customers in December and January -- and none in February and March, according to a Ford spokesman.
Reported by Bloomberg, electric vehicles now account for 3.4 percent of the U.S. light-vehicle market in this year's first quarter, up from 2.6 percent last year. Hybrid model sales fell to 2.2 percent, sliding from 2.4 percent in 2010 -- after peaking at 2.8 percent in 2009.
Image credit: Ford
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Apr 22, 2012
I got surprised after reading the blog that Ford CEO has revealed the cost per kilowatt-hour of electric vehicles, as many automakers feel reluctant to disclose. http://www.tyre-shopper.co.uk/branches/hemsworth
Electric automobiles are too expensive for many people. This largely is due to the price of EV batteries, mentioned Energy Secretary Steven Chu. The Obama administration is committed to changing that. You can purchase car that has cleaner energy.
Yes, EV's are limited and expensive. But most households own two cars, so one can be for short range use and the other for long range. In our case, we have two cars - one a pure EV (Ford Focus Electric) and the other a Chevy Volt (plug-in hybrid). We get 400 mile range in the Volt (mix of battery and gas operation) so we use it for long trips, and the Ford is used for short trips. We have solar panels, so most of our electricity is renewable. And yes, it "feels good" to drive EV's - but it also costs very little to power them if you do it right.
In their present state of technology EV's & Hybrids are still a "feel good" personal choice in automobile purchase.
Bloom boxes are scalable fuel cells, which run on natural gas, for which the current distriburion systems are expanding. LNG has a technical advantage over hydrogen as far as containment is concerned (it doesn't leak between the atoms of otherwise solid fuel tank walls). It also is piped all over the country. If car manufacturers insist on sticking with batteries, which are not terribly efficient at storing energy, they will have to switch to a new business model where the car owner doesn't own (or pay for) the batteries. It might also be useful to switch to the Israeli system, where a used battery (charge exhausted) is swapped for a fresh battery is 30 seconds), rather than the current model of owners charging them, which will create a whole new headache for our power grids.
OK I may not be a tech geek, but why does the Tesla advertise a drive range of 300+ miles while Ford and Chevy can only go a meager 70 miles? I know there is some price differences between the Tesla and other vehicles but come on you mean to tell me that Ford and Chevy cannot do better. Hang your head in shame engineers!
Until they can get the batteries to go farther than they do now, it doesn't really matter how cheap they get, no one is going to buy a car that only goes 76 miles before having to park it for 3 hours. You can't even go from Boston, MA to NYC in less than 9 hours with one of these things. They'll forever be a niche vehicle used only for the very short commutes and they'll never be able to replace a conventional or hybrid vehicle because they're just useless for anything other than a short commute.
This still doesn't take into account the un-green mining, processing, shipping, and disposal of said batteries, not the hazmat cleanup after a bad car accidents. EVs are only "green" in the sense that they don't burn gasoline in an internal combustion engine.
the reason the Tesla has a longer range is because it has a much larger storage battery. That is why the car costs so much. You want longer range, you pay more money for more battery. Simple.
...if it didn't cost two or three times what a conventional car does. Most people commute less than 5 to 10 miles a day. In that case, I'd only have to charge it once a week. It certainly wouldn't be my only car, however. What kills this is the cost. On an TCO (total cost of ownership) basis, most of these cars are non-starters. (pun intended) Until the purchase price is closer to what an equivalent conventional car costs, these will remain the toys of those who wish to pay a premium to look green.
The battery in the Tesla S is much bigger, but Tesla pulls it off while building the Model S less than 200 lbs heavier than the Chevy Volt. At least the Teslas performance is worth the extra money. You can see some value in the premium price. A high end Tesla S will run about $77,000 or $240 per mile of range. By comparison the Volt is badly over priced. At $40,000 or $1,142 per mile of range is is more than 4 times the cost per mile of range. If I had the money to burn on an EV, it would be a Tesla. Hands down it is a better value.