the reason why electric cars will always be expensive - lithium ion cell

BMW executives are strongly opposed to cheaper electric vehicles.
Source: Electric cars supplied are always more expensive than fuel
A bmw executive said the burner.
When asked if electric cars would be equal in price to the same traditional cars, Klaus Frihy's answer was "no, no, no ". “Never.
"The battery is the problem, 58-year-
Member of the old BMW board responsible for development. Lithium-
The cost of ion batteries that can store Standard 1 KW hours per unit of electrical energy is $170 to $250 (€100 to €150).
The BMW iVision Dynamics concept car will enter production as the BMW i4 in 2021.
Source: "This is very simple," Frihy said ".
In electric vehicles with 90 to 100kWh battery packs, the cost of batteries alone will reach $17,000 to $25,000.
"You can only produce the whole vehicle at the cost of the battery," he added . ".
Fridges does not believe to be lithium.
The ion batteries of electric vehicles are being produced in large quantities and the cost will drop.
Some of the metals used to make them will become more expensive, he predicts.
"When everyone wants cobalt, the price of cobalt will not drop, but will rise," Frick predicted . ".
Cobalt is the basic component of lithium.
Ion battery.
BMW plans to rapidly expand the number of battery-only electric cars and plug-in cars
In a hybrid
Efforts are being made over the next few years to ensure a low price for cobalt until 2030.
"We are the only one who does this," Frick claims . ".
"So, the cost of electrified vehicles is the same as burning, which is a nightmare --engined car.
Nissan is preparing to launch the next one --
To the Leaf EV generation in Australia.