Electric cars won't get any cheaper, says Jaguar Land Rover CEO
Not exactly the news anyone wants to hear as the world pushes drivers closer and closer to move across to electricity driven vehicles.
Everyone by now is more than aware that governments around the globe are preparing to get all drivers to buy electric cars, well maybe not the US government but you know what I mean.
According to Jaguar Land Rover CEO Ralf Speth, the price of electric cars is not likely to decrease for at least another five years. It is no secret that an electric cars battery is the most expensive component. In short Speth believes that manufacturers are being forced to equip their new cars with bigger, longer lasting batteries because the charging infrastructure is not adequate enough yet. This of course means car makers are spending more money to make these cars which in turn means they cost us (the consumers) more. “There will be no reduced cost for three to five years. We need a more dense charging network".
So we appear to be stuck between a rock and a hard place. The world requires us to clean up our act and we can all do our bit by driving electric cars, but the affordable electric cars available to middle class workers are ugly as hell and very expensive. The Prius which retails at around £24,000 and the Nissan Leaf which you can buy for around £32,000 to name a couple of examples. Both cars are ugly, boring to look at and are hugely expensive. We haven't even mentioned Teslas yet.
There is no doubt that electric cars are the future, but the real question is how we are going to get there. Speth believes that more funding needs to be put into building the charge-point infrastructure. “With more demand for chargers, it will come," he said.
Drivers can keep a smaller battery topped up rather than needing to make one huge battery last longer between charges. This will mean manufacturers can begin selling cheaper electric cars with smaller batteries.