Electric Vehicle Prices Will Drop To $2,890

EVs will get much cheaper, declares Shigenobu Nagamori, chairman and CEO of the world's largest motor maker Nidec."The price of a car will drop to as low as 300,000 yen ($2,890), resulting in a spike in demand for cars," said Nagamori.

Not quite ready to plunk down $50,000 for a Tesla Model Y? How about the Wuling Mini EV for only $4,000!


(Wuling Hongguang Mini EV review and test drive)

The market disruption is already happening, Nagamori said. He pointed to China's $4,300 electric vehicle released in July, which quickly became the country's best-selling EV, surpassing the Tesla Model 3. The car is distributed under the Wuling brand.

Products similar to the Wuling will emerge in India, Africa and South America and expand the entire market for new cars, Nagamori said. The arrival of such inexpensive cars will drive the global car market to grow to 300 million units in the future, from the current 80-90 million units, he said.

"You will be a loser if you run away from price competition," Nagamori warned.

(Via NikkeiAsia)

Elon Musk, take note.

There's no reason to drive around in a huge multi-ton vehicle if you're just getting a few groceries. I recall a passage from The Mote in God's Eye, a remarkable 1974 novel by Niven and Pournelle that may give you a look into the future of tiny EVs:

There were three ground cars, limousines, two for passengers and one for luggage, and the human seats took up two-thirds of the room in each. Bury nodded reflectively Moties didn’t mind being crowded together. As soon as they took their seats the drivers, who were Browns, whipped the cars away. The vehicles ran soundlessly, with a smooth feeling of power, and there was no jolt at all. The motors were in the hubs of the tall balloon tires, much like those of cars on ‘Empire worlds.

Tall, ugly buildings loomed above them to shoulder out the sky. The black streets were wide but very crowded and the Moties drove like maniacs. Tiny vehicles passed each other in intricate curved paths with centimeters of clearance. The traffic was not quite silent. There was a steady low hum that might have been all the hundreds of motors sounding together, and sometimes a stream of high-pitched gibberish that might have been cursing.

Of course, the ultimate in small personal vehicles is the auto-car from The Revolt of the Pedestrians, a wry 1928 story by Dr. David H. Keller.


(The Autocar from The Revolt of the Pedestrians)

Scroll down for more stories in the same category. (Story submitted 2/3/2021)

Follow this kind of news @Technovelgy.

| Email | RSS | Blog It | Stumble | del.icio.us | Digg | Reddit |

Would you like to contribute a story tip? It's easy:
Get the URL of the story, and the related sf author, and add it here.

Comment/Join discussion ( 0 )

Related News Stories - (" Vehicle ")

Electric Vehicle Prices Will Drop To $2,890
'the human seats took up two-thirds of the room in each'

Tesla Model S And X Moves Toward KITT Knight Rider Styling
Now, that was a Pontiac Trans Am with some real style.

Gyro-X Self-Balancing Two-Wheeler Car
'Indeed, the gyrocar was a sight to make a man look twice.' - Kenneth Brown, 1911.

InMotion V11 Electric Unicycle Gets Air (Video)
'A tumblebug does not give a man dignity...' - Robert Heinlein, 1941.

 

Google
  Web TechNovelgy.com   

Technovelgy (that's tech-novel-gee!) is devoted to the creative science inventions and ideas of sf authors. Look for the Invention Category that interests you, the Glossary, the Invention Timeline, or see what's New.

 

 

 

 

 

Current News

Listen Up, Coppertop - Wearable Device Turns You Into A Battery
'It's our way or the highway.'

Solar Powered Robot Cleans Up Solar Panels For Free
'... with large padded feet, who were apparently polishing their way the whole length of Rama's six artificial suns.'

Spot Arm From Boston Dynamics Picks Up Like Heinlein's Hired Girl Robot
'Anything larger than a BB shot it picked up and placed in a tray on its upper surface...'

Electric Vehicle Prices Will Drop To $2,890
'the human seats took up two-thirds of the room in each'

TIGER Ultimate Mobility Vehicle From Hyundai
'He admired the fast-plodding, articulated legs...'

Drones Communicate With Each Other Using Quantum Encryption
'the curious absent look of a robot talking on the TBR circuits...'

Space Construction Tools For Large Structures By OAC
'Mass-produced in the orbiting factories...'

SpinCare Electrospins And Shoots Wound Dressing
'Over her lacerated right shoulder he sprayed art-derm...'

Tesla Model S And X Moves Toward KITT Knight Rider Styling
Now, that was a Pontiac Trans Am with some real style.

Sophia Robots By The Thousands
'There is a built-in microphone that hears everything you say, and an electric brain that selects a suitable answer.'

Scaly-Foot Snail Works With Iron
'Micro-Scale suit tiles fabricated by genetically engineered metal affinity bacteria...'

Updated Piaggio Gita Personal Robot Porter
'Carry his bag... and follow him faithfully...'

Las Vegas Tunnels To Have Autonomous Teslas
'...just a steady velvety whirr as the taxi sped along.'

TCL CSOT 17-Inch Printed OLED Scrolling Display
'..a wide sheet of clear material suddenly flared with light and swirling colour.'

Reachy Humanoid VR Teleoperation App
"I went to the control room where the three other men were manipulating their mechanical men...'

Unitree A1 Robot ala Black Mirror and Snow Crash
'The legs are long, curled way up to deliver power...'

More SF in the News Stories

More Beyond Technovelgy science news stories

Home | Glossary | Invention Timeline | Category | New | Contact Us | FAQ | Advertise |
Technovelgy.com - where science meets fiction™

Copyright© Technovelgy LLC; all rights reserved.