Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm

Discussion in 'Economics & Trade' started by Joe knows, Jan 28, 2023.

  1. USVet

    USVet Well-Known Member

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    Since the 1970'e they have kept saying the battery revolution is just five years away. 50 years later we just have incremental improvement without any revolutionary break through. The same with so called "green tech" and it still is just a fringe thing and always will be because of its upfront cost structure and intermittent output. Then you have the fact that we'd globally need ten times more mining and refining of certain metals many of which are found only in some of the worst countries in the world.

    It isn't going to happen. Hell, Democrats keep lying and making it less likely to happen. Biden closed a third mine needed to produce the materials for batteries and green tech just last week. In California, the leftist Democrats who claim they love green energy so much passed netmetering 3.0 which slashes the amount homeowners get for selling solar to the grid by 85% so that it no longer makes any financial sense. Yet what are Democraps doing about traditional energy? Closing it down every where they possibly can. Democrats really are just enemies of the middle class and the poor.
     
  2. wgabrie

    wgabrie Well-Known Member Donor

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    Maybe a better hope is for a cheaper EV.

    Anyway, I saw a few videos on YouTube about sodium-ion batteries. If it's sodium then I don't see why we wouldn't harvest it from the oceans directly. There's plenty of salt in there and we can say goodbye to those bad countries for good.
     
  3. wgabrie

    wgabrie Well-Known Member Donor

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    I should mention that now is the time to invest in sodium if it's a commodity because its price is about to go through the roof if the price rise of lithium is any indication.
     
  4. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    There's no reason to think the price of sodium will increase. There is plenty of sodium that exists in nature. It exists in the form of ordinary table salt.

    The sodium battery is cheaper and more environmentally friendly than lithium ion, but it is also heavier and does not have the same driving range.
    It's also just a little bit more dangerous than lithium, when it comes to fires and water, although that's probably not a big issue.

    Probably the big advantage of the sodium battery is that there does not really exist enough lithium for everyone in the world to be able to have an electric car running on lithium batteries. Especially for stationary battery banks to store large amounts of electric power, for 100% renewable energy to be able to provide for the utility supply power grid, sodium would be much more economical than lithium. (Although any form of storage of large amounts of electric power in batteries is much less economical than generating it on demand)
     
    Last edited: Mar 20, 2023

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