Apr 17, 2023 12:00:00

An electric car that is less than 2.5 million yen below the average price of a new car will appear

On April 16, 2023, the G7 Climate, Energy and Environment Ministers' Meeting

adopted the 'Phasing Reduction of Fossil Fuel Use' and set a goal to reduce CO2 emissions to 'net zero' by 2050. rice field. As the use of fossil fuels is being reduced around the world, there is a growing shift from vehicles that use fossil fuels such as gasoline and diesel engines to electric vehicles. Along with this, the sales price of electric vehicles is gradually declining, and the next-generation electric vehicles that will appear in 2024 are expected to be nearly 2.5 million yen cheaper than the average price of existing new vehicles.

The $25,000 EV is coming, with big implications for car buyers
https://www.cnbc.com/2023/04/16/the-25000-ev-is-coming-with-big-implications-for-car-buyers.html

According to CNBC, Tesla's electric car scheduled to appear in 2024 can be expected to be released at a price of $ 25,000 (about 3.3 million yen) to $ 30,000 (about 4 million yen). The average new car price in the United States is $ 48,763 (about 6.5 million yen), so if CNBC's expectations are correct, electric cars that are much cheaper than existing cars will be in the hands of the masses.

Many other low-end electric vehicles, such as the Chevrolet Volt, Volt EUV, and Nissan Leaf, are starting to hit the market, all with an average selling price of around $30,000. In addition, Volkswagen has announced a model 'ID.2' of 25,000 euros (about 3.7 million yen) or less for the European market, and Fisker is a crossover of 29,900 dollars (about 4 million yen) in the United States The car 'PEAR' will be released. GM also plans to ship a sub-$30,000 Chevrolet Equinox electric vehicle by the fall of 2023.

The price of each electric vehicle as of March 2023 is as follows. Chevrolet, MINI, Mazda, etc. are generally under 40,000 dollars (about 5.4 million yen).

Analysts say these cheaper electric vehicles are one of the new economic models the market has begun, with more than 60 new electric vehicles coming in the next few years. Competition is expected to erupt, especially in the compact sedan market.

Low-priced electric vehicles are also attractive to consumers, but they also have problems, such as the short range that can be driven on a single charge. However, for automobile manufacturers, the aspect of miniaturizing batteries is unavoidable in cost reduction, so Fisker's CEO and others said at a financial results briefing about their electric vehicles, 'It is common to travel short distances in urban areas. So, consumers may accept even if the cruising range is short in exchange for low cost,' he said, hoping for consumer acceptance.

Tesla said that there are two ways to reduce costs: 'construction of a new large factory' and 'using a large flat battery as a car floor'. In addition, Tesla claims that it can reduce production costs by half, saying that it will be possible to reduce costs more than other automakers because it develops software and batteries in-house.

Analysts also speculate that the quickest way to make money on low-end electric vehicles is to have 'options' for each vehicle. Tesla offers self-driving features as an option, and some companies offer subscriptions

for remote start via key fob and heated seats . Other options such as comfy luxury seats, more powerful batteries, and other common car options are thought to be enough to make even the lowest-priced cars profitable. .

CNBC said, ``The spread of electric vehicles will be an environmental, economic and political milestone.''