As a result, he wants to see charging infrastructure drastically improve to allow drivers to feel more confident. Should that happen, car makers won't have to fit batteries as large as they currently do to their electric cars, bringing the costs down as a result because the battery is often the most expensive component.
“I hope the infrastructure is fixed,” Speth said. “The price of electric cars is still too high, as we need to do a big range. So, you have a big battery that is needed, as you can’t charge the car. If you can charge, we can make the battery smaller and bring the cost down."
He continued: “There will be no reduced cost for three to five years. We need a more dense charging network, more quality and more quantity, that are more standardised and provide faster charging. You clearly need a good spread across the country, not just in London.”