'LG Chem CEO sez 311mi EVs in 2020'
https://www.autonews.com/article/20160306/OEM05/303079984/daimler-boss-puts-ev-target-range-at-310-miles Daimler boss puts EV target range at 310 miles March 6, 2016 David Undercoffler Zetsche: No magic numbers GENEVA -- Electric vehicles likely will need a range of at least 310 miles per charge to become a mainstream option to gasoline-powered cars, Daimler AG boss Dieter Zetsche says. That range is "probably a reasonable number to pursue," Zetsche said last week at the Geneva auto show. But he said there are no magic numbers to trigger broad consumer acceptance of EVs. "I don't know if there's one tipping point after which in two years all internal combustion engines will be replaced in new-car sales by electric cars," Zetsche said at a roundtable with U.S. media. Instead, he described a "continuum" of necessary steps. One of those steps: Battery cost must fall for EVs to reach prices that will prompt consumers to swap gasoline-powered vehicles for electrics. The cost of batteries is around $170 per kilowatt-hour, Zetsche estimated. Hitting $110 to $130 per kwh is "perhaps the threshold where performancewise and costwise you start to become competitive," he said. When Chevrolet's all-electric Bolt goes on sale late this year, it will be among the cheapest per-kwh vehicles on the market, according to General Motors. The Bolt's LG Chem-sourced batteries cost $145 per kwh, GM said, helping the automaker to keep the Bolt's price at $37,500, including shipping but before tax credits. Pulling EVs out of the niche market also means further developing EV infrastructure, Zetsche said. The expanding range of plug-in hybrid vehicles will also be a step toward widespread EV adoption, he said. Daimler's Mercedes-Benz has been bullish on plug-in hybrids. [© Crain Communications] http://www.reuters.com/article/us-lg-chem-ceo-idUSKCN0W800U LG Chem seeks agrochemical firm purchase to push growth: CEO OCHANG, SOUTH KOREA Mar 5, 2016 Hyunjoo Jin; Jake Spring; Christian Schmollinger ... The move into agrochemicals comes as LG Chem faces a growing threat from Chinese rivals in its mainstay chemicals and battery businesses. The Chinese government in January said it will suspend offering subsidies for electric buses if they use nickel-cobalt-manganese (NCM) batteries made by South Korean companies, sending shares of LG Chem and Samsung SDI lower. [LG Chem CEO] Park said the policy would have a limited impact on its business, saying NCM batteries will remain as mainstream technology as opposed to offerings by Chinese firms. He also expected an electric car which can go 500 kilometers (311 miles) to 600 kilometers on a single charge to be commercialized in 2020. "The electric car market is taking off faster than expected," he said, saying tough regulations are pushing automakers to accelerate electric car sales despite low oil prices ... [© reuters.com Thomson Reuters] ... http://www.koreaherald.com/view.php?ud=20160306000323 LG Chem braces for electric car boom 2016-03-06 [image http://res.heraldm.com/content/image/2016/03/06/20160306000308_0.jpg LG Chem workers check the pouch-type lithium-ion battery cells manufactured at the firm’s production lines at Ochang Plant 1, in Ochang, North Chungcheong Province. (LG Chem) ] Battery firm to commercialize batteries that travel more than 500 km by 2019 OCHANG, North Chungcheong Province -- An automated assembly line at chemical and battery firm LG Chem’s Ochang Plant 1 here was busily ferrying a long battery separator sheet attached with positive and negative plates. Along the assembly line, the sheet was folded, or rather rolled, in layers and then cut and packaged to turn into square, thin pouch-type battery cells. The lithium-ion battery cells will later be mounted on electric cars ... [LG Chem CEO] added that customers can see EVs that can travel more than 500 kilometers up and running in as early as 2019. The company has developed batteries for electric vehicles that can run more than 320 kilometers and is working on developing new ones for longer-range EVs in collaboration with global carmakers. [© koreaherald.com] For EVLN EV-newswire posts use: http://evdl.org/evln/ {brucedp.150m.com} -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/EVLN-Daimler-CEO-sez-310mi-EVs-110-kWh-begins-competitive-threshold-tp4680924.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
