EV Battery Life Better Than Expected In Study Of 15,000 EVs

Battery replacements for EV models can range between $5,000 to $20,000, and the cost is calculated considering numerous factors. A new study reported, however, that only 1.5% of EV batteries have been replaced among the 15,000 owners that participated in the study.

“Used EV shoppers worry that the car battery will degrade quickly like a mobile phone battery, and not be able to hold a charge within a few years,” said Liz Najman, lead researcher at Recurrent. “That is not a good comparison because EV packs are complex technology with battery management systems that carefully regulate things like charging and temperature. This research shows that batteries are holding up better than expected and replacements are not an automatic surprise expense for owners at 101,000 miles.”

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