Should You Be Worried About Replacing a Used EV’s Batteries?

2017 Chevy Bolt

One of the benefits of owning an electric car is not needing to buy gasoline. The cost savings add up year after year, even when you include the cost of electrons to recharge the batteries.

Two of the biggest concerns since the advent of hybrid and EV technology are electric range and potential cost of replacing battery packs.

Range anxiety has mostly been solved as EV range steadily increases to over 200 miles per charge. Replacing battery packs has, so far, proven to be a non-issue, but it’s bound to become one as the earliest EVs continue to age. How much should people expect to pay once the inevitable happens?

About half of what the car cost new, at least according to Chevrolet. Continue reading >>>