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The price of an electric car battery can vary significantly based on the car’s make and model, the storm’s capacity, and the battery used. If you have owned the car for a while, the warranty period expires. You need to know How Much an Electric Car Battery Costs.
The materials used to make EV batteries are the root cause of their high cost, as they include manganese, cobalt, and lithium, which aren’t cheap. Electric vehicles are the most expensive when it comes to battery prices. A battery might Price between $4,000 and $20,000, depending on the brand and model of your vehicle.
How do Electric Car Batteries Work?
Petrol-diesel and gas-powered engines are powered by internal combustion; an electric vehicle gets its power directly from a big pack of batteries. These are much like a scaled-up version of the lithium-ion battery in your mobile phone. EVs don’t use a single battery like a phone. Instead, they use a pack comprising thousands of individual Li-ion cells working together.
EV Battery Replacement Cost:
At present, Battery technology is changing at an astounding rate. The cost of batteries is going down and is expected to continue to drop. Also, electric vehicle battery packs have a warranty from the automaker of eight years or 100,000 miles.
Depending on the EV you drive, replacing the battery pack could be free if your car is still under warranty. Its price is up to $20,000, depending on the car model. Also, it costs as low as $2,500 to replace the battery.
Electric Car Battery Cost Per kWh:
Various factors can size the price of an EV battery pack, such as raw material Prices, production expenses, packaging complexities, and supply chain stability. One of the significant factors is chemical composition. Also, it is the mineral structure of the cathode that usually changes.
The material comprises lithium and other minerals, including nickel, manganese, cobalt, and iron. This composition is pivotal in establishing the battery’s capacity, power, safety, lifespan, cost, and overall performance.
The Lithium nickel cobalt aluminum oxide battery cells have an average price of $120.3 per kilowatt-hour. At the same time, lithium nickel cobalt manganese oxide has a slightly lower price point at $112.7 per kWh. Both contain significant nickel proportions, increasing the battery’s energy density and extending the range.
Lithium iron phosphate batteries are cheaper to make at a lower cost than cobalt and nickel-based variants. The LFP battery cells have an average price of $98.5 per kWh. However, they offer less specific energy and are more suitable for standard-range EVs.
How Much Does an Electric Car Battery Weight?
You might say that EVs tend to weigh more than combustion engine cars. This is true and is mainly due to their battery. Altogether, EV batteries weigh around 454 kg (1,000 pounds), with bigger models weighing as much as 900 kg (2,000 pounds) and some even up to 1,800 kilograms (4,000 pounds).
Electric Car Battery How Long Last:
EV car batteries last from ten to twenty years. Sure, causes like heat, cold, or swift charging times can negatively affect that and reduce performance. Manufacturers have already included protective measures like thermal management systems and charging limitations.