Replace an EV Battery: Cost Estimate

The Cost of Rare Batteries

For those who own a car long-term, the potential costs of an EV battery replacement could be quite discouraging. In the past, these costs have been shockingly high. But what are the exact numbers when it comes to replacing an older electric vehicle’s battery?

A current survey accomplished by Recurrent investigates the expenses associated with substituting battery packs for several mainstream and obsolete electric cars, and there’s no avoiding reality: the costs are hefty.

Costs can originate from anywhere between $5,000 to $20,000, based on the style and form, together with the magnitude of the battery load. Should any necessity develop throughout the warranty phase, there is no need for alarm. Still, if you are beyond the guarantee period, it is an authentic fear.

Let us investigate a few illustrations from the real world.

Battery Replacement Costs for Electric Cars. Here Are The EV Facts.

Are you a proprietor of an aged Nissan Leaf? Recurrent has apparently sourced multiple resources and states that the cost of labor plus substitution for a 24 kWh or 40 kWh battery might be close to a staggering $5,500. Nevertheless, some owners have attested it could be even more expensive. Transforming the old 24 kWh battery pack with a vaster 62 kWh unit could be as great as $19,000. // Grammar fixed

As indicated by the analysis, a Tesla proprietor experienced an expense of $15,799.27 in 2020 subsequent to having the Model 3 battery replaced. The battery alone totaled $13,500 and the rest was related to labor fees. This implies an incredible $180/kWh, which is decidedly higher than what Bloomberg reported, which was recorded as an average of $137/kWh.

.On occasion, a battery may necessitate replacement following an incident. According to the findings of a thorough investigation into autocrash-associated substitution expenses, these could vary anywhere from ten to twelve thousand dollars. The vast majority of this sum is due to the battery itself, implying that replacement assessments have somewhat diminished, falling somewhere between $133 to $161 per kilowatt-hour.

One may assume that more costly motor vehicles would be associated with higher replacement expenses, however, this isn’t necessarily true. In April 2021, Recurrent stumbled upon various instances where a fresh battery could range somewhere between $12,000 and $15,000 for bigger Tesla models.

Older Teslas seem to be subject to steeper fees, with a 2014 Model S holder noting that the expense for replacing the battery in total would be $20,000 (including labor) two and a half years prior. Recently, in 2021, drivers of 2012 and 2013 Model S models claimed they were quoted $22,000 as the price tag for a battery change outside of the warranty.

Whereas none of the above prices could be qualified as bargain-priced, they remain a fraction when compared to the charges an e-Golf holder would endure. During August 2021, Pignataro VW estimated a fresh 35.8 kWh battery, suitable for a 2017 – 2018 version, at $23,442.91.

That equates to a rate of $654/kWh, which is almost five times the cost in 2020.

It may be surprising, however those operating electric cars mustn’t forget that battery replacements are rare. Research has demonstrated that of the 15,000 electric vehicle drivers analysed, only 1.5% encountered complications. As per the data revealed by the experts, the least likely cars to require a new battery being the Tesla Model 3 and also the Model Y.

The Chevrolet Bolt EV and Hyundai Kona sport particularly high recall levels (roughly 26% and 34%, respectively) due to battery problems. In light of this, is it wise to avoid purchasing an EV?

It is a definite affirmative for some, and the situation will only better itself. As the prevalence of electric vehicles rises, the expense of changing battery packs will decrease noticeably and become more accessible in future years. Discovered by the Mack Institute for Innovation Management at the Wharton School for Business during the time span of 2007 to 2019, expenses lowered up to 16%.

If prices continue to diminish at this speed, it’s projected that replacing a 100 kWh battery in 2025 will cost approximately $5,600.

Battery deterioration is unavoidable, but there are several handy approaches which electric vehicle (EV) owners can take on to elongate the lifespan of their batteries. While DC charging may be convenient, it should be sparingly employed so as to protect the bundle. Additionally, evading extreme battery levels and rather opting for multiple short recharges over seldom charging is also a need in order to increase battery life.

In hot times, it’s recommended to place your electric auto in a shaded locale (like a garage or elsewhere that provides shelter from the rays of the sun) in order to keep its battery temperature regulated. Other wise moves include smooth acceleration and avoiding any speeding.

If you are pondering the acquisition of a used electric car, going through the entire study would undoubtedly be beneficial. It provides information on the Chevrolet Volt, Bolt, and Hyundai Ioniq, among other vehicles. Despite their disposability being a contemplation for many, significant mileage can be accomplished if one is ready to switch out the battery and motor now and then.

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