The future of America. S.
The key to the automotive industry is cutting
Battery technology.
Can Morton catch up with the rest of the world? (
Fortune magazine)--
After years of huge natural gas production
Lobbying for fuel
Economic standards, even as they sought bail-out from Congress, refused to repent. recently, at the Detroit auto show, the three humble and stern auto giants gathered together to finally embrace the electric power of the car.
A major attraction is the power battery of GM Volt.
Battery is an ugly thing, a huge 6-foot tall, 400-pound, T-
The monster standing upright on the central stage of the auto show, like a huge cross, promises to provide the Disabled American auto industry with the last chance to save.
The Obama administration has also become a believer, making clear the best way to save the United States. S.
The auto industry is the one in Detroit that makes clean cars.
The recently approved stimulus package includes a $2 billion grant for advanced battery manufacturing, and DOE will pay a $25 billion low
Encourage enterprises to build interest loans for green cars.
President Obama's target is 1 million plugs.
Hybrid vehicles hit the road by 2015
Although this is only a small part of the country's 0. 25 billion cars.
Because there is nothing in the fleet of advanced electric vehicles that will soon appear.
Not even their simple toy car.
Almost as important as their huge battery pack, a group of politicians and industry leaders have announced the arrival of a new battery pack of billions of dollars.
The US dollar battery industry will soon create thousands of green jobs during the U. S. recession.
Devastated heart zone
On January, Michigan governor Jennifer glenhum signed a bill that would provide a $0. 335 billion state tax credit for cars.
The battery manufacturer in her state.
"We want to be the battery capital of the world! " she said.
The question is, can the US build a competitive battery business fast enough to compete with Asians?
Not very good looking.
For basic battery research and development, the United StatesS.
It depends on small companies like Ener1 and A123 Systems.
Asian giants like Sanyo, NEC and LG have been on a massive scale
The battery has been produced for many years. Unless the U. S.
Greatly changed the way it was, it will most likely win the prize in the great battery race
Making it harder for Detroit's auto industry to make a comeback.
* A few years ago, when lithium ion became the preferred chemical for the next generation of hybrid vehicles, a turning point occurredins, and all-
Electric cars.
Rechargeable lithium
Ion batteries are a great technology.
The main reason the phone is in the shirt pocket is
Smaller, lighter, stronger, longer
Longer than anything before.
It's still very expensive. there are security issues (
Remember the laptop explosion?
Is the overheating of lithium batteries). But if lithium-
Ionic chemistry can fulfill the promise of converting cars from natural gas to electricity, and it may be one of the greatest technological achievements of the early 21st century.
The problem facing the United States isS.
Battery makers in Asia are now retaliating against the car market.
Even the credit market cannot be suppressed, and the collapse in car sales cannot prevent the stampede: last fall, Panasonic acquired Sanyo, the world's leading lithium-ion producer.
Supply Toyota for $9 billion (TM)
New versions of its popular Prius and other hybrids are equipped with batteries.
At about the same time, Nissan and NEC
Announced a $1 billion joint investment in battery development.
Battery manufacturers in Japan and Europe
But no Americans.
They flocked into Bolivia in search of contracts to mine lithium. (
There is enough lithium in the world to make 1.
According to a recent report by Michael Lew of investment bank ThinkEquity, 2 billion cars are enough to replace nearly twice the global fleet. )
BYD, the Chinese battery giant that entered the auto industry a few years ago, boasted that it would surpass Toyota by 2025, but few people sneaked (
See Buffett at the helm).
According to the investment management company Alliance Bernstein, the global lithium market
By 2030, the price of ion car batteries will reach $150 billion.
More than Ford sold last year.
Industrialists around the world understand that Detroit is only just beginning: a few companies that ultimately control the battery industry will also control the automotive industry. Electric-
To save on shipping costs, the car company wants to be located near the battery supplier.
They also want to approach the market with the greatest potential.
In countries with high gasoline prices, the economy of buying expensive electric cars is more attractive.
In both ways, it means Europe and Asia, not the United States. S.
The battery will give the car company a competitive advantage.
They will decide how fast your car will accelerate, how far it will go with a single charge, how fast it will charge, and-
Because it can make up half of all costs.
Electric car
How much do you have to pay.
A full battery-
Now the price of electric cars is between $10,000 and $20,000.
This spring, BMW will be leasing to a small group of customers in the United States. S.
An electric Mini with a battery life of up to 150 miles but is estimated to cost as much as $30,000
It's for batteries, not for cars.
In the next few years, the market will basically be divided into two parts:
Electric car and plugin hybrids. Renault-
Nissan CEO Carlos Ghosn, a loyal supporter of pure electric vehicles, reflects a growing view that when he opened a factory last summer, he told reporters that, any car that is still using oil is "unsustainable ".
"I want a pure electric car," he said . "
"I don't want an extender.
I don't want another hybrid.
This will be zero emission.
"If he is right, the car may soon no longer need the interior --
Internal combustion engines, transmissions, silencers, air filters, earplugs, or any other parts of the gas era of the last centurypowered engine.
However, the scope of application for most pure electric vehicles is limited.
For about 100 miles-
Make them ideal for urban use or suburban short hops.
So, according to IBM's global business services, they are unlikely to account for 1% to 5% of the global auto market by 2015.
Toyota, GM and other automakers are betting on plugs.
Run on batteries and traditional in-house hybrid cars
As long as you keep the tank full, the internal combustion engine will continue to operate.
At the same time, battery manufacturers don't really care about the fleet mix.
They know that the global automotive industry has reached a turning point in electric vehicles.
Because battery technology is going to be the core competency of Hyundai Motor companies, it's hard to be the intellectual property you want to outsource to foreign auto companiessupply company. Sure, GM (Fortune 500 gm
Can assemble those T-
The shape of the domestic voltage battery pack.
But the most critical point is to develop a safe, reliable chemical and use this proprietary technology for mass production.
Hundreds of batteries needed to produce a single battery pack.
It's too bad for GM because Volt's battery is actually from LG Chem in South Korea.