EV and Clean Energy ECO system

More EV sales → More Electrical Energy demand, so what?

Fact: Wind and Solar plus grid batteries offers cheaper electric power than coal and gas electric power generation

Fast sales growth will increase investment in product engineering and manufacturing process which leads to lower cost and better products, which lead to more sales. The eco system for both EV and wind/solar electric production are following the same pattern as computers, internet, cell phones and semiconductors where engineering investment drives product sales up, which increases engineering investment. A fast growth eco system now repeating for EV and Clean Energy.

In 10 years, battery cost for EV fell 90%. The same battery technology is used for electrical grid storage today to increase the return on investment for wind and solar. Both wind and solar electrical power production cost have been declining and will decline at a faster pace as the nation shifts to the power-hungry EV market, enhanced in part by the shared advantage in lower cost and better performance in batteries.

More EV sales drives more Electric Energy demand which increases budgets for product engineering and manufacturing process improvement for both.

EV and clean energy eco systems will increase options for light vehicle that are fun to drive, have a lower cost to own, decrease the price of electric energy and decrease pollution that cause health issues such as lung disease and cancer, reduce the price of oil and reduce the chance of a Middle East war over oil supplies. Within 12 years the US will save $300 Billion per year in fuel and the life cycle cost for light vehicles- driving down inflation and increasing US jobs.

More for less. Are you ok with that?

Suggestions

Support the government investment in basic research and incentives for the EV-clean energy eco systems.

Check out today’s electric vehicles (EV) and see if you like them.