The Expert Podcast

…Anytime we see examples of Evie battery replacement costs We always like to feature them here Here's an article from green cars, which is another source of some data We've. quoted some other resources before but this is a new resource. Talking about the cost of replacing the battery And here's some real world examples that they talk about. the Prius might cost you 2,700. Where a Tesla could cost 20,000 So there's a big range. Price for lithium ion battery packs has declined. since 2007 So that's a good thing. a Tesla model S in 2020 would cost 16,000 before labor That's just for the part. but…In a future that might cost 7,000 because the battery, production costs may go down. In general they're talking about $89 per kilowatt hour. in a couple years in a decade it might be $56 per kilowatt hour. As of 2020 the average cost was 1 37 So you're talking half. and…the typical Evie battery with 40 kilowatt hours could be about five or six grand. And some batteries could be 13,000 that's again without labor labor can cost another couple thousand. There's also a used market for those. E-bay. Is a source for a used market Nissan leaf. and Chevy bolt had. Prices of 6200 and 16000 respectively. BMW I three had a $13,500 battery. and. There's a lot of range in what it costs to get a battery for those vehicles. The big question is going to be is it available? We've seen some vehicles that when they get older, there's no sources for batteries anymore. So if you are driving an electric vehicle and you see your capacity getting down because once it gets below seven 70%. The factory warranty probably is going to kick in but if it's still above 70%, And you're not quite at the top. yet. You may not have the ability to put in a warranty claim. So you might want to start looking at used batteries while they're still available, because there's already some that are out of production and you can't get a new battery for your electric vehicle. If anybody's put a battery in their electric vehicle as a replacement, put comments below let us know how much it cost If you have a copy of the receipt put it there. I'm sure the other viewers would like to see real world examples of electric vehicle battery replacement.