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Driving with Dunne

What The West Must Do To Match China on Affordable EVs:  Vincent Pluvinage, Karl-Thomas Neumann and James Frith, OneD Battery Sciences

Dec 21, 2023
Vincent Pluvinage, Karl-Thomas Neumann, and James Frith, executives with deep expertise in batteries, discuss the challenges of matching China on affordable EVs. They explore the factors limiting EV demand in Western countries, the difference between batteries and energy storage, the obstacles faced by the auto industry in embracing electrification, the future of EV battery technology, and the challenges faced by North American graphite companies in the electric vehicle industry.
56:48

Podcast summary created with Snipd AI

Quick takeaways

  • Lowering the cost of batteries is crucial for reducing the price of electric vehicles (EVs) and matching China's ability to deliver affordable EVs.
  • Advancements in battery chemistry, such as using silicon in the anode, can increase energy density and reduce costs of EVs.

Deep dives

Electric vehicle demand in the West is limited by high prices

One of the main limitations to the demand for electric vehicles (EVs) in America and Europe is the high price. The average price of a new EV in America is $53,000 and in Europe it is $60,000, compared to a range of prices in China from $5,500 to $160,000. The challenge for Western automakers is to match China's ability to deliver affordable EVs. A key factor in reducing the price of EVs is reducing the cost of batteries.

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