Electric Vehicles Will Continue to Improve and Prices Will Continue to Fall

FEB 8 2014 BY ERIC LOVEDAY 7

Mitsubishi i-MiEV Expected to See Improvements in the Near Future

Mitsubishi i-MiEV Expected to See Improvements in the Near Future

Driving Canada recently put out an article focused on the growing EV market in the Vancouver, Canada area.  The article leads with this:

48 kWh Nissan LEAF at ECOseries - Is This an Improvement That Will Make It to Production?

48 kWh Nissan LEAF at ECOseries – Is This an Improvement That Will Make It to Production?

“Electric vehicles are growing in popularity. I can say that with confidence based on an increase in vehicles sales, the installation of more and more charging stations, and uptake of the Province’s Clean Energy for BC Incentive Program.”

Why are sales on the rise in British Columbia?  As Driving Canada states, sales are up and will continue to rise due to reduced prices on plug-in vehicles (a result of battery prices going down) and the fact that plug-in vehicles continuously get better and better:

“…many advances have been made in electric vehicle batteries since the first EVs rolled off the line.”

“The other positive news is that electric vehicles, hybrids and the latest fuel-burning cars are seeing continuous improvements.”

EVs get better and prices go down.  Of course sales should then go up, right?

Battery advancements will bring about future EVs that will make today’s models look feeble in comparison.  Those models will actually be cheaper than today’s EVs.  How can that not point to a positive future for EVs?

Source: Driving.ca

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7 Comments on "Electric Vehicles Will Continue to Improve and Prices Will Continue to Fall"

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I certainly hope that prices go down. EVs make sense with the current incentives but those incentives are not going to last forever. We need prices to drop a little bit more to get more mass adoption.

+1

Ha Ha Ha … thanks for the link to “driving.ca”. That “article” is funny.

I loved “Drivers of electric cars often have an air of superiority about them.”

We should tell Blair Qualey that it is no “air”, it is a fact: EV drivers are superior. 😉

Haha… I see what you did there.

Meanwhile, the price of gas cars will continue to go up as it costs more to meet rising CAFE MPG and stricter emissions requirements.

+1

Being a Canadian living in Vancouver and having failed at many attempts to purchase a plugin for the past two years, I beg to differ with this article. Literally today, I had another setback trying to purchase an EV, this time a Smart fortwo. Here is my personal story in a nutshell: Spring 2012 – test drove C-Max, disappointing quality and handling Summer 2012 – test drove Leaf and iMiev, both completely unattractive Aug 2012 – ordered Focus Electric, still no delivery after a year, lost faith with “stop safely now” Jul 2013 – deposit on BMW i3, but $5K BC incentive ends March before deliveries will start Jan 2014 – test drove Volt hoping to take advantage of $5K incentive, but not right for us Feb 2014 – Smart offering $3K on top of $5K for fortwo, plus a 1.9% lease, perfect! Feb 17 – learned $5K BC incentive funding just ran out So we are now contemplating a modest subcompact Smart for $30K versus a compact i3 for about $50K. Considering these are the best options I could find, both EVs still are hard to justify. They are nearly double the cost of their comparable ICE alternatives, their… Read more »