The Replacement Battery Costs for These Six Normal EVs Is Staggeringly High

[hatrack]

18. I owned a 2001 Prius, so definitely out of synch with these estimates. However . . .

When I bought it, the marketing manual the dealership let me borrow estimated 10-year life and $10,000 replacement costs (they didn't even have brochures back then). When the battery crapped out 13 years later, replacement cost was about $1,300.

Certainly, the relatively small battery of my old car doesn't accurately reflect the likely replacement cost of the far larger batteries of today. That said, I'd wager that economies of scale are going to push down costs over the next few years.