‘Battery costs are going down’
Volvo’s CEO expects electric cars to cost the same as their fuel-powered equivalent quite soon. In this he is considerably more optimistic than, for example, the CEO of Renault.
Electric cars may often be cheaper to use than models with a fuel engine, but the higher purchase price is a stumbling block for many people. In order to make the electric car a greater success, the price must therefore be reduced. Volvo CEO Jim Rowan sees that rosy. According to the brand new Volvo boss, the time has come within a few years. “We think around 2025. Then there will be enough technology to help lower the price of the battery,” he said car news on. “That technology increases the driving range. Fewer batteries, but a larger range, for less money. We’ll get there”, it sounds optimistic.
Rowan is of course interested enough to paint a positive picture of the future, in light of the launch of the fully electric Volvo EX90 this week. In addition, the Swedes will now come up with a new fully electric model every year. Several colleagues from the professional field are less hopeful. Recently, Renault CEO Luca de Meo stated that, according to him, electric cars will remain more expensive than fuel cars for some time. According to him, the technology can be improved, but rising raw material prices nullify the cost advantage. De Meo proposed to focus more on infrastructure, so that electric cars with a small battery (ie cheaper) are also useful.
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– Thanks for information from Autoweek.nl