No more diesel and fuel cars produced after 2025
It is predicted that by 2025, the prices of producing batteries will be reduced to a level where producing fossil-fuel powered cars will no longer be profitable. In addition to the price, the capacity and the lifespan of batteries for electric cars will have improved considerably by 2025, according to Tony Seba, a lecturer at Stanford University.
If you remember what happened to Kodak and Nokia, you will understand what will happen to auto makers that are not changing fast and adopting to the new era. Thailand has a large automaker industry, and according to a post in Bangkok Post, the Thai government is looking at 2035 for a major shift if hybrid and electric cars. It is quite clear that hybrid cars are just a temporary stage until the price and range of batteries are at an acceptable level. Electric cars are expected to be at the price of fossile-fuel cars by 2020.
For the mass market to start buying electrical cars, it is believed that a range of 320 km is needed. In order to achieve that, batteries of 50 kWh ore more are needed. The range anxiety is a major concern for buyers of electric cars. With a range of 320 km people will not have the same concern about getting stuck in traffic. Compared to a fossile fuel car that needs to go to a gas station to fill up, you will never need to go to a gas station again. Most people charge in the night and has a fully charge car when starting the day and also has the option to charge at a work location. In Thailand, there are very few charging stations, and this is the major obstacle to selling more electric cars.