How much is an electric car battery? – KTSM 9 News
What is the battery replacement cost for today’s electric vehicles? That depends…
These problems should be resolved over the next few years, with likely breakthroughs in battery technology to reduce the average cost of electric vehicle batteries. Combine that with a nationwide expansion of fast-charging stations, along with lower costs for electric motors as automakers ramp up production, and electric vehicles could reach price parity with – and maybe even cost less than – traditional cars, while becoming just as convenient to “refill”.
That’s the future many envision, but for now, EV battery packs remain the single most expensive part of an electric car. Thankfully, all-electric car batteries are covered by an eight-year, 100,000-mile warranty, so if a new or moderately used EV needs a new battery it’s possible, even likely, to be replaced for free. Better still, battery degradation is rare in modern EVs, with most of them retaining 90-plus percent of their battery capacity for a…
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