German engineers want to halve EV manufacturing costs by 2018, seem confident about it

Yearning for an EV that can fit within your budget? You may not have to wait too long, according a group of engineers at the Karlsruhe Institute of Technology (KIT), who are aiming to halve plug-in manufacturing costs by 2018. It's all part of something called Competence E -- a €200 million ($273 million) initiative that will draw upon the expertise of 250 scientists from 25 different institutes, in the hopes of creating new and more cost-effective methods of producing power trains and batteries. Under the publicly funded project, which was announced at last week's International Motor Show, KIT's researchers will construct a "research factory" where they'll develop and demonstrate their processes and technologies. According to project leader Andreas Gutsch, the idea isn't to create concepts that could bear fruit a few decades down the road, but to develop more pragmatic solutions that can be integrated at the industrial level within a relatively short time frame. "We are no longer focused on studying individual molecules or components, but on developing solutions on the system level, which meet industrial requirements," Gutsch told Science|Business. "We are actively approaching industry and will even intensify these efforts...We are conducting excellent research for application, not for the drawer." A full 50 engineers will begin working on Competence E next year, with the project scheduled to wrap up by 2018. Purr past the break for more details, in the full press release.

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German engineers want to halve EV manufacturing costs by 2018, seem confident about it originally appeared on Engadget on Tue, 20 Sep 2011 09:26:00 EDT. Please see our terms for use of feeds.