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Basically the old $1000/Kw number is moot. Looking more like $400 and dropping.
Could help explain why GM is now saying that after tax credits the Volt will cost <$30k
Report from Deutche Bank (PDF)...
Could help explain why GM is now saying that after tax credits the Volt will cost <$30k
Report from Deutche Bank (PDF)...
Vehicle Electrification
More rapid growth; steeper price declines for batteries
Recent discussions reinforce conviction regarding EV growth trajectory
Based on recent discussions with Automakers, Battery Suppliers, and EV
infrastructure co's, we continue to believe that the market underestimates the
potential for growth in this segment… particularly in markets that are supported by
EV friendly gov't policies and independent infrastructure co's focused on growing
the penetration of such vehicles. Additionally, we’ve noted evidence of steeper than-
expected battery price declines which will likely bolster the consumer value
proposition and potentially lead to stronger demand than we originally envisioned.
>
More rapid growth; steeper price declines for batteries
Recent discussions reinforce conviction regarding EV growth trajectory
Based on recent discussions with Automakers, Battery Suppliers, and EV
infrastructure co's, we continue to believe that the market underestimates the
potential for growth in this segment… particularly in markets that are supported by
EV friendly gov't policies and independent infrastructure co's focused on growing
the penetration of such vehicles. Additionally, we’ve noted evidence of steeper than-
expected battery price declines which will likely bolster the consumer value
proposition and potentially lead to stronger demand than we originally envisioned.
>