$Tesla (TSLA.US)$ The cost reduction of new energy automobiles mainly comes from the decrease in battery prices and the realization of economies of scale.
$Tesla (TSLA.US)$
Decrease in battery prices: In the past decade, lithium battery prices have decreased from $0.48 per watt-hour to today's $0.09 per watt-hour. It is expected that with the gradual release of production capacity, it will reach $0.045 per watt-hour in ten years.
Decrease in battery prices: In the past decade, lithium battery prices have decreased from $0.48 per watt-hour to today's $0.09 per watt-hour. It is expected that with the gradual release of production capacity, it will reach $0.045 per watt-hour in ten years.
Economies of scale: With the expansion of the electric automobile market, production scale is also increasing. This gradually lowers production costs, thereby reducing the price of electric automobiles.
Future forecast: It is expected that by 2025 to 2027, the price of electric automobiles will be equal to gasoline or diesel cars, and shortly thereafter, will become even cheaper.
Energy saving and cost saving: Electric automobiles have fewer moving parts in their electric motors than traditional internal combustion engines, making them cheaper to maintain. They also provide better rbob gasoline efficiency and better cost per mile than traditional automobiles.
Therefore, the cost of new energy automobiles can be reduced in various ways, including technological advancements, economies of scale, as well as policy and market factors.
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