The 'staggering' battery replacement for cheaper EV cars can often be 'almost the entire cost of the car' in lower-end vehicles. It varies widely, but the other risk is that in 8 years (or whatever optimistic claim is made), you are also hoping the custom battery pack for a possibly lower volume EV is still being produced. Good luck if you manage to get one to 10 years.
That's another reason EV's depreciate so much; it's not like going down to autozone to grab a new battery. And it can get much, much higher than $10-20K:
This cost is also why going to the shorter-range/smaller battery models often cuts the prices by $10K or more up front. In some respects, those are probably a better value, I'd guess vs. the 'long range' ones.
That's another reason EV's depreciate so much; it's not like going down to autozone to grab a new battery. And it can get much, much higher than $10-20K:
This cost is also why going to the shorter-range/smaller battery models often cuts the prices by $10K or more up front. In some respects, those are probably a better value, I'd guess vs. the 'long range' ones.