With advances in battery technology, we could see prices around $100/kWh by 2023, with further decreases as technology improves. ![]() This far outstrips the value of the car if a new battery pack is used to fix an old i3. According to the Bloomberg report, the average cost of a new EV battery pack in 2010 was over $1,000/kwh. A recent report found that EV owners spend 3 cents per mile on maintenance, while cars with an internal combustion engine cost 6 cents per mile to maintain. With installation charges, taxes and recycling/core fees (which vary by state), the total cost for a replacement car battery can be 60-300 or more. BMW split the pack into eight battery modules, each retailing for 3,054 for a total of 24,432 in battery cost. The good news is, we'll probably see those costs decline in the next few years.Įlectric car batteries are already cheaper to replace than they were when EVs first got popular. Even at the low end, that's still about as much as replacing a gasoline vehicle's transmission. Some EV batteries cost as little as $2,500 to replace, while others can be upwards of $20,000, according to an analysis by Recurrent Auto. Depending on power, size, and quality, prices for a replacement car battery range from about 45 to 250. What the battery that EV uses is made of (if it has more expensive metals, the cost is higher).The price also depends on a number of other factors, including: So a vehicle like the Chevy Bolt, which has a 65 kWh battery pack, would cost around $8905 for a new one at the average price. ![]() If not, the average cost as of 2020 was around $137 per kilowatt-hour (kWh) of battery capacity, according to a Bloomberg report. If the battery is still under warranty, you could get it replaced for free. Electric car battery replacement costs vary.
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