The cost of the battery is usually the single most expensive component in an electric car, so it might surprise you to learn that today's electric vehicle batteries are within easy reach of your average consumer. the Chevrolet volt has a starting price of $31,000 and Toyota's electric rav4 starts at around $27,000. the chevy bolt costs about $30k before tax credits or incentives for its battery. that includes installation into the car though too — adding five years worth of replacement batteries would increase this cost by almost 40%. from an economic perspective there are definite reasons for this. keeping the recharging infrastructure here in North America means automakers can capitalize on economies of scale across their whole product portfolio.
How much does it cost to replace the battery in an electric car?
The battery in an electric car can cost anywhere from $4,000 to $30,000.
The sticker price of the Nissan leaf for example is around $34,200. It has a lithium-ion battery that costs just under $10,100 to purchase which accounts for 34% of the total price. one rule of thumb is that you can ballpark it at around 20-25% of the total cost per mile over its lifespan on average so if you go with the high estimate this would equal out to about 55-60 cents per mile while if you choose the low estimate then its closer to 40 cents per mile.
What is the lifespan of an electric car battery?
The lifespan of an electric car battery ranges from 8-10 years under normal household use. The life expectancy will vary depending on the type of electric vehicle being driven, it's size, weight and range. It is important to have periodic inspections done on the battery to determine if any service is needed or if replacing it with a newer one would be more appropriate. If so, you should always get the help of professionals for this since they are trained in handling tasks like these!
Electric cars are exciting because they are so modern yet have very wise tech at their heart which means that batteries are built to last and enjoy a long lifetime with no need for replacement; which we all know can happen with gas-powered vehicles where the engine needs to be replaced.
How much does a Tesla battery cost?
Tesla has two types of batteries for their vehicles; the first one is the 40 kWh and the second one is the 85 kWh, the newer model is 100kWh. Since we are focusing on this article around how much does a Tesla battery cost , it starts from $12000 and can go up to $28000 depending on the model.