BMW electric-car batteries to be used as home energy-storage devices
Stephen Edelstein for GreenCarReports: Tesla Motors was the first carmaker to branch out from selling electric cars to offering standalone battery packs for energy storage, but others have followed the company's lead.
Mercedes-Benz and Nissan have stated their intentions to enter the energy-storage market, and now BMW is jumping on the bandwagon as well.
At the Electric Vehicle Symposium & Exhibition 29—known as EVS29—held this week in Montreal, Canada, BMW unveiled an energy-storage system that uses battery packs from i3 electric cars.
Developed in concert with German firm Beck Automation, BMW's system is designed to use either new battery packs or "second-life" packs that have degraded too much for continued use in electric cars.
Battery packs that can no longer function in cars still have enough usable capacity for energy storage.
BMW has tested the concept over the past five years with various research projects, including a 2013 "micro-grid" project with the University of San Diego, and a 2014 collaboration in Germany with utility Vattenfall to use electric-car battery packs as buffer to help stabilize electricity grids. Cont'd...
Is Tesla Entering a New Frontier?
Efficient low-cost batteries are the new frontier and the new frontier is here now from all-electric vehicles to home energy systems.
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Visionary 'future of mobility concept Unveiled by Nissan Europe and Foster + Partners
Here's How Electric Cars Will Cause the Next Oil Crisis
Tom Randal for Bloomberg Business: With all good technologies, there comes a time when buying the alternative no longer makes sense. Think smartphones in the past decade, color TVs in the 1970s, or even gasoline cars in the early 20th century. Predicting the timing of these shifts is difficult, but when it happens, the whole world changes.
It’s looking like the 2020s will be the decade of the electric car.
Battery prices fell 35 percent last year and are on a trajectory to make unsubsidized electric vehicles as affordable as their gasoline counterparts in the next six years, according to a new analysis of the electric-vehicle market by Bloomberg New Energy Finance (BNEF). That will be the start of a real mass-market liftoff for electric cars.
By 2040, long-range electric cars will cost less than $22,000 (in today’s dollars), according to the projections. Thirty-five percent of new cars worldwide will have a plug. Cont'd...
Electric vehicles to be 35% of global new car sales by 2040
Continuing reductions in battery prices will bring the total cost of ownership of EVs below that for conventional-fuel vehicles by 2025, even with low oil prices.
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