Electric Car Battery Cost

The battery is the heart of an electric car and many drivers wonder about its price.
Electric car battery cost. It is the most popular electric car in the world with over 250 000 sold. Driving down battery costs will be critical to achieving parity between evs and gas powered vehicles something many auto industry watchers say could happen by the middle of the decade. Electric vehicle battery cost the price of lithium ion batteries has fallen steeply as their production scale has increased and manufacturers have developed more cost effective methods. And the electric car battery replacement cost can go much higher.
We ve known the answer to that question for the original 2011 2014 nissan leaf electric car with its 24 kilowatt hour battery pack. The battery on an electric car is a proven technology that will last for many years. Early nissan leafs are over 6 years old and many are still showing great battery health. But beyond the raw numbers it s important to understand how lithium ion batteries and zero emission vehicles work in order to gain better understanding of how much it costs to use overall.
When the first mass market evs were introduced in 2010 their battery packs cost an estimated 1 000 per kilowatt hour kwh. For instance if you re unlucky enough to need to replace an entire chevy bolt battery out of warranty it could run you over. A battery pack is typically the single most expensive component in an electric car. Analysts have for several years been using a sort of shorthand for describing an electric vehicle battery.
Half the car s total cost. While automakers have so far decided to add more cell capacity into their vehicles as the price falls the. In fact ev manufacturers guarantee it. The nissan leaf came out in 2011 2012.
But now there s a new kid in town. Bnef projects that by 2040 long range electric cars will cost less than us 22 000 expressed in 2016 dollars.