Cars are a major contributor to Japans economy with 5.5m or 24% of employees, and contribute 14% of all exports. Toyota’s no-ev strategy could mean Japan loses 14% of its GDP and $700 billion of exports as other EV makers overtake Toyota globally.
It is becoming clear that batteries will drive the electrification of transport. Batteries are demonstrating that hydrogen and synthetic fuels are losing ground to the 22% learning curve of batteries. Biofuels may be the only transition fuel for long range aircraft.
EV adoption is increasing and Bloomberg NEF has data showing nearly 50% of buses sold in 2022 were electric. Motorcycles are even higher.
The Tesla Semi large truck will be at least 84% cheaper for fuel costs than equivalent large diesel trucks. Combined with more torque, regenerative braking increased purchase costs suggest less than a 2 year payback.
Using a long lasting LFP battery in combination with an anode free battery with shorter lifespan is the approach taken by Our Next Energy. Like a petrol battery hybrid, the combination provides 1000 km of range, and long life.
With the exit of coal mines, use of green hydrogen and renewable energy for steel making, and full deployment will the number of mines crash?
The total battery capacity for grid home and transportation is about 300TWh of batteries. This will take 10 years of manufacturing and ongoing of about 30TWh per year. Tesla aims to provide 10% of that battery capacity.
CATL announcement of their Qilin battery pack to be in production by 2023 exceeds Tesla’s 4680 battery and both exceed all other global batteries
Electri motors make sense for propulsion on the water – and Torqueedo is the global leader in electric boats. Battery weight and energy storage has limited the more widespread adoption, but with major personal sportscraft Bombideer bringing out models by 2026 expect to see more
The EU commission has voted to ban sales of all internal Combustion engines in cars buses trucks motorcycles by 2035 to achieve the carbon emissions reduction by 55% by 2030 from 1990 levels.
