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Reply to "EV batteries prices collapsing"
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[quote=Anonymous][quote=Anonymous][quote=jsteele][quote=Anonymous]If there were demand for them, they would not be cutting prices that much. People are abandoning EV's due to fire and explosion hazard risks. [/quote] Prices are dropping due to production efficiencies and competition. Moreover, Chinese-manufactured batteries are subject to tariffs in the US so they might be cutting prices to remain competitive in the US. There is plenty of demand for EVs. July was a record month of sales. Fire risks are greatly exaggerated. ICE cars see a higher rate of fires. There is a car-b-que almost every day in DC but they don't get wall to wall coverage like a single EV fire does. [/quote] That’s because the firefighters can extinguish the flames. This is “ripped from the headlines” and sensationalist but also mostly true https://m.youtube.com/shorts/lHfGBbrq48g And CHINESE batteries? I don’t trust them to make baby food or lead free toys, so this will be… interesting. [/quote] [quote] Australia's EV FireSafe, a group funded by the country's department of defense, studied global EV battery fires from 2010 to 2020. The report found that the risk of an electric car battery catching fire was a thousandth of a percent (0.0012%). FireSafe noted that it was difficult to find similar data for internal combustion engine vehicles globally, but based on the reports the group looked at, it estimated fire risk at a tenth of a percent (0.1%).[/quote] https://www.edmunds.com/electric-car/articles/electric-car-fires.html#:~:text=The%20report%20found%20that%20the,of%20a%20percent%20(0.0012%25).[/quote]
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