Is EV battery technology more advanced than we thought?
June 19, 2013 06:51 AM - Editor, Electric Forum
Are EV manufacturers holding something back? If we take a look at the EV market it seems that we have barely moved on, at least in the mass market, since the General Motors EV1 debacle in the 1990s. Mainstream battery journey capacity is still roughly the same as was available for the EV1 despite the fact that the industry has received billions of dollars in additional funding from governments and private investors. So, are EV manufacturers holding something back? There is some speculation that various EV manufacturers are holding back the best of their technology until it has been fine tuned and thoroughly tested. There is speculation that while some of the "financially weak" companies are falling by the wayside, in the shape of Fisker for example, we are starting to see some stronger companies emerge from the market. This is potentially the perfect storm for the EV market, with companies falling by the wayside leaving the lion's share of future investment to those looking further forward and able to give stability and long-term credibility.