The exception is if you own a small EV that has a low range to begin with. At 70% capacity, an electric car is still very usable, so you may not need a replacement battery for ten years or more. ![]() They also guarantee their batteries will hold around 70% of their total capacity after 8 years. This means that the manufacturer will cover the replacement cost if there is a mechanical fault within this timeframe. Most new cars come with an 8-year or 100,000 mile battery warranty for your peace of mind. How Often Will I Need to Replace an EV Battery?įortunately, electric car batteries are built to last. Due to the design of an electric car battery, it is easy to identify which module is causing the issue and replace it where necessary. Sometimes, if it is just one singular module that is defective, a specialist would be able to replace the module. You can repair an electric car battery rather than replace the whole thing. That way, you keep your car in top condition and also avoid unnecessary expenses. To keep the cost as low as possible, we recommend sticking to a strict service schedule and comparing deals when you need a battery replacement. This means your EV battery replacement cost will be even higher. While our figures quoted above give a good estimate of how much a battery costs, they are not official figures. Naturally, paying several thousand pounds for a replacement battery isn’t ideal. As manufacturers don't want to make a loss on their cars, this cost is passed on to the customer. Limited supply, high demand and expensive mining and manufacturing costs make EV batteries expensive to buy. In the second half of 2020, 6 companies produced 85% of the lithium-ion batteries used in electric cars. Secondly, there are a limited number of companies that make these batteries. However, they are also still very expensive to build - a cost that gets passed on to the consumer. Capacity and range are much higher than the first all-electric models and Research and Development is still ongoing to improve them further. Why Does an Electric Car Battery Cost So Much?ĮV batteries are still developing at a rapid pace. You can read more about electric car batteries here. They circulate the electrons between them, which powers the battery and allows it to power the vehicle. Two electrodes, one negative, and one positive, sit in a conductive ionic liquid called the electrolyte. They run on the principle of circulating electrons. ![]() These are the same kind of batteries you might have in your smartphone or your laptop. Lithium-ion batteries are used in electric vehicles. Renault Kangoo Van e-Tech - £3,915 (45).The number in the brackets represents the size of the battery in kWh. This will mean your electric car battery replacement cost is higher. Prices do not include removing the old battery or fitting the new one. ![]() All figures correct as of March 2023 and are sourced from the manufacturer’s website. We have only calculated the cost for the smallest available battery on the standard model of every car. The following figures are based on the average figure of £87 per kWh. As of March 2023, the average electric car battery costs £5,378.43 in the UK (estimated).Įstimated Costs to Replace Every Electric Car Battery Currently Available in the UK Unfortunately, this does make an electric car battery replacement a very expensive job. While this is still expensive, it is much lower than in 2010 when an electric car battery cost c. The average cost of an electric car battery in 2021 was c.
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