Battery life
Replacement costIf you are one of the very few people who buy an EV today, and cover the sort of distances that would require a new battery, then how much would one cost? It all depends on the make and model of your car. It could range from $8,000 (for a 50 kWh pack) up to $18,000 (for a 90 kWh pack). However, as EV volumes increase then this cost should also decrease. What happens to EV batteries at their end of life?EV batteries are generally deemed to have reached the end of their useful life for powering a car when they get to 30% degradation (i.e. the battery is operating at 70% of its original capacity). As noted above this could be as long as
54 years based on the average Australian motorist. While 30% degradation may mean the battery is no longer suitable for an EV there are plenty of other use cases that can get another 10+ years of life from the battery. One such example is the British company, Connected Energy, who take end of life EV batteries, bundle them together, and sell as commercial scale battery energy storage systems. Once all use cases have been exhausted and the battery has no further use then there are a number of companies who specialise in recycling them. Two such examples are Li-Cycle and Redwood Materials; both of whom claim a recovery rate of up to 95% of the critical minerals contained within the battery. Comments are closed.
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February 2025
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