Nowadays, more and more companies are starting to re-pay in the electric vehicle field. The advantage of the above phenomenon is that when any new product is no longer fresh, their price will be more and more easily accepted by the public. The current lithium battery that powers almost every electric car on the market is following this rule.
A survey conducted by Bloomberg NewEnergy Finance, a data provider for the new energy industry under the Bloomberg Group, shows that the increase in global production capacity will bring the price of power batteries to the lowest level in history.
At present, the average selling price of lithium battery packs is 209 US dollars per kilowatt-hour (about 1383.58 yuan), which is a drop of 24% from a year ago. In 2010, this figure was 1,000 US dollars (about 6620 yuan).
James Frith, an analyst from the above agency, said in the report that this decline will be further expanded.
By 2025, the price of the power battery is expected to be lowered to 100 US dollars per kilowatt-hour (about 662 yuan). This means that the price of power batteries will be reduced by more than half over the current period.
Bloomberg New Energy Finance based on the follow-up survey of 50 companies since 2010, given the estimated price.
This figure is also in line with the previous judgment of the American Wards Car Magazine. The magazine mentioned in a report that several key players in the energy technology industry are expected to help power battery prices drop to 80 US dollars by the mid-2020s.
For the electric vehicle industry, this is undoubtedly an excellent news. Because even now, electric car manufacturers and owners still find that the terminal price of such products is generally higher than the traditional power models.
In fact, the cost of moving parts of electric vehicles themselves is much lower than that of traditional power cars, but the cost of large parts such as battery packs is very high. As one of the core technologies of electric vehicles, “three powers” (battery, motor, and electronic control), the price of batteries is considered to have a direct impact on the final selling price of electric vehicles.
In the future, automakers will no longer focus on power in the mass production of electric vehicles, but will pay more attention to the mileage. Since electric vehicles can generate the maximum torque at the instant of start-up, drivers often scream "This car is fast," and electric manufacturers want to use technology to make this good experience last longer. This means that as much as possible on the vehicle to carry more capacity battery packs, but such practices will significantly increase the cost of manufacturing electric vehicles and even pricing.
For example, according to the current battery price standard, an electric vehicle equipped with a 100 kilowatt-hour battery pack will cost as much as $20,900 (approximately RMB 138,400) only in terms of batteries. Therefore, such high-capacity batteries are also mostly used for luxury electric cars such as the Tesla ModelS, which has an official price of 94,000 U.S. dollars.
However, other automakers such as Volkswagen that face the main market now have plans to use similar or even larger battery packs for their electric products. This is because the dropping prices of battery packs have become a trend.
By 2025, the 100 kWh battery composition will have dropped by about 53% to US$10,000 (approximately RMB 66,200). Frith said that the $100 battery price is widely considered in the industry as "a turning point in the popularity of electric vehicles."
Bloomberg New Energy Finance believes that the decline in battery prices directly reflects the expansion of the battery manufacturing industry. “Increasing industry scale will lead to economies of scale.” The above report concludes.
For electric vehicle manufacturers, the scale effect achieved through platformization also contributes to the adoption of price levers to promote the popularization of electric vehicles - as the development cost of the platform continues to decline, electric vehicle manufacturers can not increase the price of the products. Introduce disruptive technologies under conditions to improve the user experience.
In contrast, similar expenses for developers of fixed energy storage systems (ESS), such as solar photovoltaic panels, are expected to be 51 percentage points higher than that of electric vehicle manufacturers, due to the relatively small scale of production and demand.
It may be worth noting that the decline in the price of lithium batteries may have a significant contributing factor to the simultaneous impact on the price of electric vehicles. That is, solid-state batteries have not become the first choice of the industry before lithium batteries. Currently, companies such as Fisker and Toyota are developing graphene-based supercapacitors, and such technologies may shake the availability of lithium batteries as a whole.
