The cost of battery replacement in electric vehicles is falling rapidly

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The cost of battery replacement in electric vehicles is falling rapidly

By admin, Kasım 25, 2024

The cost of battery replacement in electric vehicles is falling rapidly





The cost of battery replacement in electric vehicles is falling rapidly



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One of the biggest obstacles to the widespread use of electric vehicles is high battery costs and users’ concerns about battery replacement costs. However, this situation is changing rapidly. By 2030, the battery replacement cost of an electric vehicle will be Less than the cost of repairing an internal combustion engine will be.

Surprising drop in battery prices

According to the latest report from Goldman Sachs, until 2026r battery prices to $80 per kWh is expected to fall. This represents a cost of almost half of the prices in 2023. This drop will be a major turning point for many energy and technology projects that use lithium-ion batteries, as well as electric vehicles. In 2012, the price per kWh was 400 dollars, and in 2024 it was about 110 dollars.




The cost of battery replacement in electric vehicles is falling rapidly



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This sharp decline in prices could make price parity between electric vehicles and conventional gasoline vehicles possible as early as 2026. However, the most exciting development is the impact of this decrease on second-hand electric vehicles and battery replacement costs. Most drivers are not interested in buying a second-hand electric vehicle, because the condition of the battery affects the decision here. Fortunately, this decline in battery prices will increase the power of second-hand electric by making battery replacements extremely affordable.

Battery replacement prices

According to the report of Goldman Sachs 2030The estimated package price in 2017 will drop to $64 per kWh. However, this report provides a higher estimate than other similar reports. Some analyst firms argue that prices per kWh may drop to $35. When we average all reports 2030 Your predictions for Average $50 per kWh We can say that it is predicted to come in between.




The cost of battery replacement in electric vehicles is falling rapidly



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Thus 100 kWhReplacement costs for a package of $4500 to $5000 or more standard 75 kWhfor a package of $3,375 levels will be reduced. As of today, the cost of replacing an electric vehicle battery ranges from $5,000 to $16,000, depending on the size of the pack and the make and model of the vehicle. It is difficult to talk about the prices in Turkey, there are not many people who have completed the battery life of their electric vehicles and replaced them yet. But last year Tesla Model YApproximate battery replacement cost of 500 thousand TL It was stated that .

This is also a internal combustion engine replacement equal to . JD Powerengine swapping for a four-cylinder unit from $4,000for a high performance unit from $10,000 He says it may cost more. It is not yet clear how these prices will develop in the future.

Batteries have a very long lifespan

Contrary to popular belief, battery life in electric vehicles is not short at all. This misconception may actually be due to the warranty given by the manufacturers. Most manufacturers guarantee the life of the battery pack for 8 years or 120 thousand kilometers. However, for example, Tesla owners can generally easily exceed 320 thousand kilometers. There is even a Model S example that has had 4 battery changes and almost 2 million kilometers. Although this is an extreme example, we see that with proper use, battery life can easily exceed 8 years.

According to data from Recurrent, which has a database of more than 300 thousand electric vehicles, only 2.5 percent of electric vehicle batteries in all years and models have been replaced. Most of these changes occurred on vehicles more than nine years old.

























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