Why develop EV batteries with 1.2 million mile life? The answer of course is to support the grid with no worries from the owner in terms of the useful life of the car. The first commercially available EV battery with 1.2 million mile life is available now with 10% price premium.

Why should governments support EV owners with policies that put TOU (time of use) saving in the owners pockets? In any states buying off peak and using the energy at peak rates has an economic value of more than $15,000 over the 100,000 mile life of the car. The is, the expected, typical life that consumers expect for the car. Allowing consumers to put that economic value in their pockets will accelerate market demand for EV’s, perhaps driving EV share of market to more then 50% within 5 years.

If EV entry level price is $25,000 in 2022, if savings from EV to Grid $15,000 and savings from Gas/maintenance cost around $7000 over life of the EV and if the EV is fun to drive, the demand for EV is likely to accelerate.