No kidding, I didn’t know that. I did some checking and it says replacement batteries are $5-15k! Well silver lining is the price is dropping precipitously:
Jan 26, 2024 - According to the DOE, the cost of a lithium-ion EV battery was 89 percent lower in 2022 than it was in 2008
Replacement batteries are really not a concern with EVs. They last longer than most folks expect and they come with pretty lengthy warranties.
It’s still ridiculous how expensive they are to repair or replace, and for sure that will hit some folks hard, but it really should be quite rare to replace an EV’s battery
No kidding, I didn’t know that. I did some checking and it says replacement batteries are $5-15k! Well silver lining is the price is dropping precipitously:
Jan 26, 2024 - According to the DOE, the cost of a lithium-ion EV battery was 89 percent lower in 2022 than it was in 2008
Replacement batteries are really not a concern with EVs. They last longer than most folks expect and they come with pretty lengthy warranties.
It’s still ridiculous how expensive they are to repair or replace, and for sure that will hit some folks hard, but it really should be quite rare to replace an EV’s battery