Too Many EV Batteries?

Short term, but like water, the market seeks its own level.

The downside is that once the prices drop due to low demand, demand will creep back up. Or, it may spike. Factories may be caught off guard and not be able to meet demand, so a price hike can ensue if market demand and supply changes are too sudden.

I guess I posted in the wrong place before. I`ll try again. If the EV market becomes flooded with batteries, can the general public buy them.I recently purchased a AIMS inverter that does 8000 watts at 120 volts. I also purchased a step up transformer to run the inverter into before it reaches my main fuze block. This would give me 240 volts at 50 hz. I was going to purchase wet cell 6 volt batteries, then wire them in series to acheive my 12 volts into the inverter. These batteries are about $200.00 each. Maybe I should wait for the EV batteries instead. Any input would be greatly appreciated.I`m a ham radio operator so this stuff has to work if I want to stay on the air. Thanks everyone for this great forum.

I agree with you... more fear mongering to eff with the growth of alternative transportation systems. It just plain doesn't make sense to me. If there is one thing than won't ever get overproduced, it would be large batteries. The electrical energy industry with their massive focus anti-focus on energy storage technologies has created a void.

Chris

It's much too early to start worrying about an EV battery glut. First, EV batteries keep evolving -- and they need to do so because current designs are not good enough for the average car owner. Second, battery costs need to come down so EVs can price compete with gasoline powered econo-boxes.

Lower than expected EV sales? Not due to batteries -- due to not being able to buy an EV. The EV makers can't cry about low sales when they only sell them in a few markets, mostly in CA. IF Nissan and GM make their cars available from any and all of their dealers then we'll see the real size of the EV market and if there will be a battery glut. Meanwhile, hobbiests cannot get batteries for their projects -- another indication of demand higher than supply.