These are normal numbers compared to ice vehicles. Vehicles lose 15% to 25% in their first year.
Oil baron propoganda
Yes, exactly my thoughts… it is usual ratefor used cars
All cars, including electric cars lose 25% value after they’re sold. The concern is about longer term resale value. A 10 year old electric car is worthless. It would need a new $15,000 battery to continue operating. A 10 year old combustion car can still be worth more than half its original value.
It’s more about the maintenance cost of the used EV, the main one being a battery that costs as much as the car.
Yes, and replacing the battery essentially gives you a new drivetrain. It would cost near the same price to replace an ICE engine and transmission (using dealer pricing), hence propaganda.
Not at all. An engine for a 15 Sentra is $4000 new. Find me a 15 Sentra that is that low in price. Maybe in the private market with multiple hundreds of thousands of miles, but not at a dealer with reasonable miles.
Replacing a battery does not replace the drive train, it is like replacing the gas tank. The drive train would be the electric motors, which to my knowledge do not have a service interval, and are not even a fraction of the cost of a battery pack or inverter/module you have to replace with it.
source: twenty years working on cars and selling their parts.
You forgot about the cost of a transmission. Your 20 years don’t seem to be helping here.
You’re trying to compare apples to apples in terms of functional components, but that’s disingenuous and completely misses the point. I’m comparing the most expensive components that degrade over time and with use as a cost of ownership - both ICE and EV have expensive components that may need to be replaced after many miles and time, discrediting one and not the other is asinine. Every ICE I’ve owned has gone to the scrap yard, but somehow it’s only a problem for EVs, which BTW can have 99% of their lithium recycled and re-used.
The discussion at hand is battery powered vehicles and the used market cost. Not cost of ownership, not most expensive part, but the second hand market. Which with a battery powered EV you have to take much different precautions when purchasing one in the used market compared to an ICE vehicle, precautions the average person does not think about or know.
A transmission for a Sentra is $1500… still not equal to a Leaf battery pack, taking that argument further.
I have never bought a new car, and have sold every single one to someone else, who is either still driving it or has sold it to someone else. The fact that you scrap cars so readily lets me know you have no idea of value of an ICE vehicle, let alone an electric powered one.
You can get a Nissan leaf with 30k on it for under $8000, the battery cost $12k. The replacement batteries cost as much as the second hand value of the vehicle. Until that changes , battery powered vehicles will mostly be ewaste once the battery dies.
Replacing the battery makes it essentially a new car from drivetrain perspective.
Also, Leafs typically last as long as gas powered cars. Gas cars have the same problem - the entire engine and transmission are expensive to replace and the car is usually scrapped. The problem you outline is not unique to electric cars.
Why does everyone say replacing the battery gives you a new drivetrain? It would be like replacing the gas tank. The drivetrain equivalent in an EV would be the electric motors.
They’re uninformed, or fanboys. 10k for a battery might get your range back to stock, but you’re still going to have worn cv axles, control arm bushings, wheel bearings, and ball joints that typically start needing replacement after 100k miles. There are still bearings on the motor, gearing to the differential, and winding insulation that also wear with age. I’d expect those to last 250k easy, but to think a new battery is a panacea for your clapped out commuter car is asinine.
$10k gets you the battery pack, but then there is the controller you need to replace as well, a good $4-8k. Plus the labor, +$300/hr for a certified technician. Meanwhile, my 2007 mini can get the engine and transmission swapped for $7000, with performance modifications and labor included.
ICE BAD ≠ BATTERY GOOD