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How Long Do Electric Car Batteries Last?

How Long Do Electric Car Batteries Last?

Full Title: New Study: How Long Do Electric Car Batteries Last?
Author(s): Liz Najman
Publisher(s): Recurrent
Publication Date: March 27, 2023
Full Text: Download Resource
Description (excerpt):

Battery life is a big question as people shop for a used Tesla or other electric car brand. A battery is a lithium ion black box that can make up 50-70% of an electric car’s value. The reality is that if the battery dies, so does the car.

Study takeaways by Recurrent’s team of battery scientists:

– Battery replacements are quite rare. In our community of 15,000 cars, only 1.5% have been replaced (outside of big recalls like Chevy Bolt).
– Degradation is not linear. We’re including battery degradation curves that illustrate how well these batteries hold up over time. There’s some drop in the beginning then it levels out for a long period.
– Most replacements occur under warranty. For example, a new Rivian has battery coverage for 175,000 miles or 10 years. The federal minimum warranty is 8 years or 100,000 miles.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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