Monday 31 October 2016

Energy rEVolution Ludicrous Mode: Elon Musk Disrupts The Disruptors - Tesla Powerwall 2.0 Priced At $393/kWh Has No Competition.


  Elecktrek reports the prices and specs comparison between Tesla Powerwall 2, LG Resu and SonnenBattrie. Tesla Powerwall is priced at $393/kWh before installation beating both competitors on costs of $923/kWh and $1,488/kWh respectively.  I cannot get prices for BYD B-Box yet - it will be very interesting to compare it to Tesla. Elon Musk again is ahead of the game  in a "Ludicrous Mode" with this very aggressive pricing  and disrupting the disruptors.  You can watch the video about Tesla Powerwall 2.0 and Solar Roofs. This the way to conquer the markets.
  Tesla will get the very significant head start to gain the market share even before Tesla Gigafactory is fully operational.  Thanks to "The Learning Cost" we already are getting the much better price compare to Tesla Powerwall, mass volume production will bring even this price down. Now more people will take Elon Musk's claims seriously that Tesla can produce lithium batteries with all-in pack cost at $190/kWh. We are entering the mass market for EVs and Energy Storage is following it with the exponential growth of Solar.
  Today's news from Toyota that they are moving towards lithium batteries as well will bring new demand to the very tight lithium market and we can expect now full electric cars from Toyota as well. Toyota means the mass market for the cars and this move can bring us new electric cars to ignite even more the Electric rEVolution. 

Lithium Race: Tesla Model 3 Base Battery Less Than 60 kWh, “All-In” Pack Costs Already Under $190/kWh!


  "This is huge if Tesla Model S and X lithium batteries are already with "All-In" cost per kWh at $190! It is made on the very low volume and before Tesla Gigafactory. We are not even talking about the next step for Lithium Technology - Solid State Lithium Batteries. GM has reported before that GM Bolt will enjoy $145 per kWH pricing, but LG Chem was not very happy with that announcement - I personally suspect that LG Chem was going very aggressive in that pricing just to get into the first electric car for the mass market from GM. All recent developments are pointing out that adoption for Electric Cars will surprise everybody and this tide is coming to take the world over very fast. Read more."

Lithium Race: Which Will Be The First Country To Ban Fuel-Burning Cars: Norway, Netherlands, Germany, India or China?

  "Dr. Joe Romm provides us with more information on the recent decision of German Bundesrat to ban fuel-burning cars. This tipping point for electric cars to become the fast growing mass market is the result of the technological advance called "The Learning Curve" when doubling of production brings on average 26% in cost reduction. It is true for the price of Solar PV, it is even faster for the chip makers and for Lithium Batteries Bloomberg reports about 14-19% cost reduction every year.
  Now we are in the fast lane approaching this transition with first electric cars priced below $40k and with a range of over 200 miles coming to the market: GM Bolt and Tesla Model 3. BMW i3 with the new larger battery, Renault Zoe with 400 km range and Nissan Leaf with upgraded battery are driving the sales in Europe and China stands on its own with 25 companies making 51 models of electric cars. 
  Lithium Technology is here and the best electric cars will become only cheaper and better. Bloomberg estimates 2022 - 2026 when EVs will reach parity with ICE on capital cost alone. I will translate: depending on the country from 2022 electric cars will become cheaper to buy than comparable ICE ones. They will provide much better performance, safety and fraction of running cost to operate. This progress is inevitable and Tesla shows what is coming with Tesla Model S outselling ALL luxury sedan brands in the U.S. and Western Europe by a very wide margin. In the Q3 of this year, Tesla Model S sales were almost double of Mercedes S-Class and more than double of BMW 7!  
  And, finally, as Dr. Joe Romm is pointing out that governments start to wake up to the horrible cancer hazard air pollution on our streets from fuel-burning cars and voices for the ban of such cars are louder and louder.  We can already add Netherlands to his list of countries and I have put China there as well. Masters of the asymmetric warfare Chinese will definitely capitalize on the advance they have managed to gain with their New Energy Plan at the right time. China has the largest EVs market in the world, Warren Buffett-backed BYD is the largest manufacturer of electric carsChinese companies are the largest lithium chemicals producers for the lithium batteries already. Lithium Megafactories are rising with billions of dollars in investments and they are buying the best lithium projects to secure supply of this critical metal.
  If and when China will ban fuel-burning cars remains the speculation at this moment, but it will change the geopolitical landscape overnight making many Trillions of dollars in assets in the West worthless and some major companies literally shrinking in size within a year or two. We will have more Chinese names at the top of the World's largest companies for sure and size of the Chinese economy will jump reflecting the new growth based on the manufacturing base of the 21st centuryThis Energy rEVolution will be very fast and brutal to those unprepared. It is time to check your portfolios in order not to get caught in "The Death Spiral" - like Fitch is predicting for the oil companies. And whoever would like to start new trade wars should be thinking twice and long term in advance, like China is doing building secure lithium supply to power new Energy Plan and Electric rEVolution. With the diminishing role of Oil as the only source of Energy, will our world be able to have a peaceful transition to the new order? I will leave these worries to our brave politicians, you should think about your investments and on which side of the history you would like to be to make the difference. You can find my chronicles of this Energy rEVolution on this blog and below are some links for your own research including the Dr. Joe Romm article. Read more."


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