How much it usually costs to replace an electric vehicle battery

Electrical autos are rising in recognition worldwide, with gross sales doubling in 2021 to a brand new document of 6.6 million, the Worldwide Power Company mentioned in Might.

However some analysis has proven that it’s extra pricey to restore an electrical car than a gas-powered one. 

VERIFY reader Donald desires to know if the upper value extends to substitute batteries for electrical autos. He mentioned he’s heard tales that it’ll value $25,000 to $30,000 to interchange electrical car batteries and requested the staff to look into these claims. 

Does it value between $25,000 to $30,000 to interchange most electrical car batteries? 

No, it doesn’t value between $25,000 to $30,000 to interchange most electrical car batteries.

Electrical car batteries do value extra to interchange than these for gas-powered autos, however additionally they final for much longer on common, specialists say. 

Although it usually doesn’t value $25,000 to $30,000 to interchange most electrical car batteries, it’s nonetheless far more costly than changing the battery in a gas-powered car. That’s largely as a result of the supplies they’re made with are pricey.

All-electric autos have an electrical motor as a substitute of the interior combustion engine in gas-powered autos. A big traction battery pack powers the electrical car’s motor and should be recharged to maintain the automobile working. 

Kathleen Lengthy, chief income officer at RepairPal, instructed VERIFY the standard value of a substitute electrical car battery is between $5,000 and $9,000. 

A easy refurbished electrical car battery can value as little as $2,000, whereas the worth can climb to effectively over $10,000 for one which works with a more recent electrical car, AutoTrader writer Andrew Ganz wrote in October 2021. 

For instance, a battery substitute for a Tesla Mannequin 3 or Mannequin S may value between $12,000 and $15,000, in line with Jerry Insurance coverage. On the excessive finish, a Ford dealership in Lakeland, Florida, lists the worth of a substitute battery for a 2021 Mustang Mach-E at over $23,000. 

The price of battery substitute for different in style fashions, such because the Nissan Leaf, can vary anyplace from about $3,000 to $9,000, Jerry Insurance coverage says. 

Compared, the common value of a substitute battery for gas-powered autos is about $350, RepairPal estimates.

Extra from VERIFY: Sure, electrical autos lose vary in chilly climate

Although electrical car batteries are extra pricey than these for gas-powered autos, they’ve a for much longer lifespan. Many specialists estimate that the common electrical car battery will final round 200,000 miles – that’s 10 years when you drive 20,000 miles yearly. Individuals who personal gas-powered autos may have to vary the battery each few years. 

And there are some conditions the place an electrical car proprietor can have their battery changed freed from value.

“Producer guarantee is usually eight years and 100,000 miles – below guarantee, there shouldn’t be any value for the battery substitute,” Stephanie Valdez-Streaty, director of analysis and improvement at Cox Automotive Mobility, wrote in an e-mail. 

In case your car is exterior of the guarantee, you’ll must pay for the battery substitute.

Hybrid car battery substitute quoted at $30K, however this isn’t the norm

Plug-in hybrid electrical autos use batteries to energy an electrical motor and one other gas, equivalent to gasoline, to energy an inner combustion engine.

Although most electrical car battery replacements don’t value $25,000 or extra, VERIFY discovered no less than one instance of such a excessive price ticket for a hybrid EV. 

A submit that circulated on social media in late August 2022 listed the price of a substitute battery and labor for a Chevy Volt, a hybrid electrical car, with simply over 70,000 miles at round $29,000. Roger Dean Chevrolet, the Florida dealership that gave the restore estimate, addressed it in a touch upon its Fb web page.

The estimate was for a 12-year-old car that was out of guarantee “and for a battery that’s extraordinarily arduous to get, because of the older expertise of the 12-year-old car,” the dealership wrote. Chevy discontinued the Volt in 2019.

Typically, hybrid battery substitute prices can vary from $2,000 to $8,000, although the worth can differ relying on the make or service middle, a Toyota dealership in Cincinnati says on its web site. 

Extra from VERIFY: No, it’s not cheaper to fill a gas-powered car than cost an electrical one