Ralph Shpet, CEO of Jaguar Land Rover, shared his opinion on the future price of electric cars. The top manager of the automobile grand said that in the coming 3-5 years, the cost of electric vehicles will not change.
Ralph Shpet believes that at the moment it is important to focus on infrastructure. “Cost reductions are not expected in the coming 3-5 years. "We must increase the number of charging stations, and focus on quality, supporting the possibility of accelerated charging."
With an increase in the charging network, manufacturers will be able to reduce the capacity of traction batteries. This, in turn, will affect the price of cars, since the battery is the most expensive component of the power plant. “The cost of electric cars is high, because we need a large power reserve and a capacitive battery, but if there are charging terminals everywhere, there will be no need for high-capacity batteries.