The average cost of replacing an electric vehicle (EV) battery typically ranges from about $5,000 to $20,000, depending largely on the battery pack size, the vehicle model, and manufacturer.
Detailed cost ranges by vehicle and battery size:
- For smaller battery packs, such as the 24 kWh battery in the Nissan Leaf, replacement costs are roughly $4,000 to $6,500 ($166 to $271 per kWh), including labor and used genuine packs. Larger Leaf batteries (e.g., 62 kWh) can cost between $12,000 and $15,000.
- For popular EVs like the Chevy Bolt, replacement batteries cost around $16,000, BMW i3 batteries about $13,500, and Tesla Model 3 batteries close to $16,000, with labor adding approximately $2,300 for Tesla.
- According to industry data, the average EV battery replacement cost outside warranty spans from $5,000 to $20,000 depending on the specific vehicle battery pack size and manufacturer.
Factors influencing cost:
- Make and model: Different manufacturers and models have different battery technologies and pack sizes, influencing the cost. For example, Nissan Leaf battery replacements are cheaper compared to Tesla’s.
- Battery pack size: Larger battery packs that provide longer range cost more to replace.
- Labor costs: Availability of refurbished or third-party batteries can affect total out-of-pocket costs.
Cost trends:
Battery pack costs have fallen dramatically over the past decade—from $1,355 per kWh in 2008 to approximately $153 per kWh in 2022—thanks to improved technology and economies of scale, which is expected to further reduce replacement costs in the future.
In summary, while the average EV battery replacement cost varies widely, a general ballpark figure is between $5,000 and $20,000, with smaller packs near the lower end and larger, higher-capacity packs (like Tesla’s) near the upper end.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-is-the-average-cost-of-replacing-an-ev-battery/
