States and countries are putting bans in future EV sales. Car companies are quickly transitioning over to EV cars. Eventually car companies won’t even make gas cars, then there will be country wide bans on sales of new gas cars.
For example New York state put a ban on all gas stoves and furnaces in newly built homes.
I saw news reports that a EV battery costs $12,000, $18,000, $24,000 - $30,000. This is due to all the rare earth metals like lithium that has to be mined in other countries like Asia.
Due to the rarity of materials in the EV batters and the huge size of the battery, and the complexity of the installation, is this going to basically price people out of buying used cars?
If you see a affordable Jeep for $8,000…and the battery is worn out and all you have is a 50 mile range, and the cost of replacement costs $11,000…then that car is $19,000…and there fore not affordable.
So all used cars will be $15,000 - $25,000…and you will be stuck with monthly car payments of $500-$700/month including insurance.
We could be facing a future where the cheap car in cash is over and everyone has to make car payments.
Ever figure out what driving a gas vehicle even costs? Over 400,000km I will be ahead by about $80k CAD on a full size trades vehicle.
If I have to drop $15k on a battery at that point, that is fine.
Here is a spreadsheet of my numbers. Formulas are at the bottom if you want to make your own for your local power and fuel costs. We have expensive fuel and cheap power. Your mileage will vary.
Manufacturers don’t want to sell cars. They want to sell subscriptions for cars. The cost of battery replacements is an excellent way to get rid of the used car market. Thus creating more interest in subs,where you don’t have to deal with anything.
Boom! The sole reason they are OK with it. It will decimate personal transport for over 60% of people.
Maybe we shouldn’t base transpiration on big inefficient expensive personal boxes anymore?
Well guess what, if you buy a new ICE vehicle replacement of engine and drive train is also $12,000, $18,000, $24-$30,000 depending on make model and engine. Newer engines have become more complex and more expensive. No one says - I dont want to buy this vehicle because replacing the engine and transmission costs X or Y and unless you are buying a used vehicle with very high mileage on it no one thinks about the cost of replacing the engine and transmission on a $8,000 jeep (I just traded in a 10 year old jeep w transmission problems and the cost of the transmission was more than the value of the vehicle, in the same range of what you are concerned about for battery replacement costs).
In short - this is an absolute logical fallacy and irrelevant discussion for purchase of new or used vehicles. Move along and ignore the nonsense.
Heres some math for you:
My previous car was a 2020 VW Tiguan S. 2.0 Turbo with 8 speed DSG auto transmission. In the summer I routinely got 28 mpg. Fuel prices around here have been varying between $3.30/gallon to $3.80/gallon for the lowest octane option. Cost to drive this car for 100,000 miles solely in gas purchase:
100,000 miles / 28 mpg = 3,571.42 gallons. Cost range = $11,787 to $13,571. Figure an oil change every 5k to 7.5k miles. If I do the labor it costs me about $60 for parts. using 7.5k miles per oil change thats 13.3 oil changes for a cost of $800. If we ignore any other transmission servicing, engine aux maintenance (alternator, serpentine belt, tensioners, coolant hoses, water pumps, ps pumps etc). I’d be looking at $12k to $15k to drive the Tiguan 100,000 miles.
Where the hell are you getting your information from?
When you buy a used ICE car, do you replace the engine and transmission? ICE engines wear over time, just like batteries lose capacity over time. They don’t just suddenly fail, or lose tens or hundreds of miles of range.
On top of that, batteries can be repaired. When a part on your engine goes bad, do you replace the whole engine?
Worst case scenario if the battery fails and its outside of the generous powertrain warranty most EV’s have, it still costs about the same as an ICE engine replacement.
Stop taking your information from Facebook, or from people that have absolutely no idea what they’re talking about.
Is the high cost of constant gasoline replacement, every week or more during THE ENTIRE LIFE OF THE VEHICLE!!!, going to cause a transportation crisis?
fILM AT 11.
Batteries keep getting cheaper. By the time you would need to replace the battery (if ever), the cost will be extremely low. Plus, there will be refurb packs available by then as well. Also, recycling will be in full swing so the materials will be cheaper than mining.
They said that 10 years ago. Replacement costs have only increased. Damn that labor!
I would recommend that you never ever ever buy an EV. You have dOne YoUr reSeArch! use your “common sense”. Don’t be like all the sheeple!
/s
The cost of battery replacement is a current problem that will be solved over time.
Long term this shouldn’t be an issue because there will be solutions to repair damaged batteries, batteries will decrease in price, and there will be competing aftermarket and remanufactured batteries. Additionally, laws may be passed to require reasonable battery repair options and costs as well as the compensation of customers for the value of damaged batteries.
Mass market EVs are still fairly new and the industry and practice around multi-decade maintenance of them is only in its infancy.
It won’t. We’re over a decade in and pricing has only gone up. Damn that labor.
Looks like you’re assuming the battery is the first thing to go bad on an EV.
If you are lucky yes. The drive units are right there with them. Also thousands of dollars.
R u ok?
Lithium is not a rare earth metal. It is an alkali metal similar to sodium. And it isn’t rare. New deposits are being found all the time, all over the world.
The OP is full of ill-informed gobbledegook.
This looks like another FUD post. So many "if"s and "and"s.
Yes, some small percentage of battery packs will have premature failures, but in general the battery pack is expected to outlast the useful life of the car.
FUD because you don like facts.
Full pack cost is estimated to reach below $100/kWh in the next two years, even a monster 100kWh pack would be $10,000 at that price and that’s for luxury and hyper cars. Ever check the price of engine replacement for a Porsche or Bugatti? Over the lifespan of one of those cars the equivalent EV would save at least that much in fuel and maintenance anyway.
The past decade tells any objective person that the 10 grand full replacement will never happen.