In a new white paper, the group notes that boosting efficiency allows for smaller battery sizes, which in turn cuts costs. Most EVs average 2.5 miles per kwh, according to the paper, but the Tesla Model Y averages 3.5 miles per kwh. That’s a 40% increase which, assuming similar range, allows for a 40% reduction in battery size that’s worth up to $4,800 in cost savings, the ACEEE reasons.
I still don’t understand why not a single car company besides Tesla in its early days is like, shit, let’s look at what consumers actually value and build it. Easy cash grab that puts us ahead of the curve. But no.
That’s the beauty of capitalism.
We could build what consumers actually want. Or we could force them into something they don’t want but makes us more money.