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Electric Vehicle Outlook with Derek Kaufman [RR 776]
Episode 7762nd September 2022 • Remarkable Results Radio Podcast • Carm Capriotto, AAP
00:00:00 00:36:01

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Derek Kaufman is constantly scanning future trends in vehicle design and aftermarket challenges, including how recent events in electric vehicles are affecting our near-term and longer-term futures. This is your podcast resource, committed to bringing the future and forward-looking information you can use to inform and map your road ahead. Derek Kaufman, Managing Partner and Schwartz Advisors, President of C3 Network. Listen to Derek’s previous episodes HERE.

Key Talking Points

  • BEVs are running about 5.6% of new car sales in the second quarter of 2022 – that’s up from 2.7% in the second quarter of 2021.
  • Challenges- recession, price of battery materials/broken supply chain, Inflation Reduction Act
  • China controls 60-80% of the powders associated with battery anodes and cathodes and the lithium transfer medium
  • 80-90% of all BEV vehicles do not qualify for the Inflation Reduction Act- – it only applies to BEV cars that are under $55,000, it only applies to people making less than a certain amount depending on their marital status
  • Autonomous Neighborhood Electric Vehicle (AV NEV)- AV NEVs are package delivery pods and people shuttles traveling in dedicated lanes in urban centers at less than 30 mph.
  • The Federal Government is allocating about $5B of our tax money to install another 500,000 chargers – but if we are going to get anywhere close to their desired sales of BEVs we are going to need over 2 million chargers to keep those cars running.
  • Estimated 5% BEV share of new car sales this year growing to 20% in 2030 and 35% in 2035 – by 2050 we have BEVs at around 50% of 2050

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