Here Is The SHOCKING Cost Of Electric Car Batteries From Every Car Brand

Here Is The SHOCKING Cost Of Electric Car Batteries From Every Car Brand

How much do electric car batteries really cost and should you be worried that’s what we’re going to find out welcome to Car Corner where we help you the consumer Master the process of car buying and car ownership a few recent reports of electric car battery failures have created some Buzz mostly over the

Shocking alleged cost of replacing the battery in one story involving a Hyundai ionic the owner was quoted 38,000 us or around $50,000 Canadian to replace the battery in two other stories involve in newer Hyundai ionic vies the quotes were over 45,000 us or 60,000 Canadian so this got me wondering how much do

Electric car batteries cost for other car brands and not just for electric cars but also for hybrids and plug-in hybrids and perhaps more importantly is this something that you need to be concerned about well before getting into it remember if you enjoy and get value of this video make sure to subscribe and

Turn on notifications so let’s start with how much electric car batteries really cost this Fiasco really began when a story came out near the end of 2023 of a Hyundai owner who was faced with a $50,000 repair Bill to replace the battery on his 2017 Hyundai ionic initially Hyundai wasn’t willing to do

Anything for the owner but after the story came out and the media got involved supposedly Hyundai had changed their tune and they were willing to work with the customer now it didn’t end there later another story came out on a another Hyundai owner this time with a

2022 ionic 5 who was quoted 60,000 Canadian or around $45,000 us to replace the battery pack the motor mouth Channel covered this story and it needs to be said this was not a battery failure as a result of a manufacturer defect this was caused by the owner who drove over something on

The road maybe a rock or something like that and damag the battery casing from underneath the car which is why Hyundai would not cover it under warranty so the owner went through his insurance company who decided to write off the car now Hyundai’s official response was that the

Dealer misquoted the battery price and that their battery costs are more or less in line with other car manufacturers but soon after a second ionic owner came out claiming that they were also quoted the exact same price for a replacement battery again being damaged to a driving incident and this

Price was verified online by a Hyundai parts website so it does appear that the price is accurate so the common undeniable theme in all three cases is how insanely expensive the battery cost to replace on a Hyundai so how much do they cost to replace on other car brands

Well let’s take a look let’s start with Kia which is the sister company of Hyundai and looking at a Kia parts website we can see that the battery pack for AIA ev6 which is the mechanical twin of the ionic 5 has a price of about 45,000 Canadian or

$33,000 us complete with a part number in all so Kia does charge less than Hyundai for the exact same battery which makes you wonder how much are these automakers and dealers marking up the battery over the wholesale or build cost I’m going to try and find out if I can

But in any case the price is still ridiculously expensive so what about some other car brands well Ford makes looking up parts prices quite easy if we go over to the Ford parts website we can see that the F-150 Lightning Ford’s electric truck has a battery pack cost

Of around 34 to 45,000 us the long range battery is similar in price to Hyundai’s battery but it needs to be said it is a lot larger the Mustang Mai on the other hand an electric crossover which is similar in size to the ionic 5 has a

Battery cost of around 35,000 us so it is significantly less less than Hyundai but again still extremely expensive and what about the most popular EVS what about Tesla well unfortunately Tesla doesn’t have a parts website where you can simply look up the cost but owners of early Teslas have reported battery

Replacements that cost roughly between 15 to 20,000 us or around 25 to 30,000 Canadian the most famous case is probably one Canadian Tesla owner who made a viral Tik Tok about his Model S and how the battery failed due to the AC unit which was leaking water onto the

Battery and destroying it and because it was out of warranty the $28,000 bill to replace the battery was unfortunately on him fortunately it does seem that the cost of battery replacement does go down from here for other car brands for example the Volkswagen parts website has the battery for the id4 crossover listed

For around 15 to 20 20,000 us or around 20 to 26,000 Canadian the Nissan Leaf battery pack costs around 12,000 us or around 16,000 Canadian and the Chevrolet bolt battery packs go for around the same amount and it should be mentioned that these are prices for brand new

Battery assemblies some Vehicles do have third-party options available such as remanufactured battery packs which can be less costly okay so there’s no question the cost of replacing a b battery on an electric car is extremely expensive but the question is is this something that you need to be concerned

About especially when electric cars do come with a very long battery warranty it is important to understand that electric vehicles come with an 8-year 100,000 M or 160,000 km warranty but some can go as high as 10 years 160,000 Mi or 240,000 km but clearly even under warranty battery replacement can have

Have issues in addition to the ionic 5 cases there was a recent case of a 2016 Nissan Leaf owner who had his battery fail under warranty and even though Nissan agreed to replace it no Replacements were available his Leaf was an older first generation model which had a now discontinued style of battery

Which clearly had no more part support from Nissan I’ve also heard similar stories of early Ford Focus electrics which are no longer made so to me this highlights the major risk of being an early adopter and buying first generation technology as time goes on the part support for these early first

Generation EVS basically disappears so clearly electric car batteries are extremely expensive and they can be a nightmare to replace even sometimes under the warranty period so how concerned should you really be and what about the replacement cost of batteries on hybrids and plug-in hybrids now it is important to acknowledge that these

Types of cases are extremely rare and battery failure is very uncommon relative to how many EVS have been sold most of the EVS that are on the road today are popular mainstream models and they’re just not old enough yet to be out of warranty so battery failures are

Statistically very low and the data is scarce even among the few older EVS failures seem to be quite rare recurrent for example put out a report last year which stated that battery failure among older first generation EVS those that are around 8 to 12 years old is only around

1.5% so total battery failure is definitely not common what is far more common is EV owners that complain about battery degradation just as they do for electronic devices EV batteries can degrade and lose their capacity as they age it is generally accepted that most typically lose around 5 to 10% of their

Capacity within the first 100,000 Mi or 160,000 km and they continue to drop slowly over time it is worth mentioning here though that the long battery warranty that you get with an electric vehicle does protect against degradation to a certain extent most manufacturers will replace the battery if the capacity

Drops below 70% within the warranty period and some like Toyota even guaranteed 90% battery capacity retention over the entire warranty period so what can you do to prevent or slow down these issues and what should you do well I think that if you want to get into EV ownership leasing is the

Safest option to take leasing an electric vehicle for 3 to 4 years will pretty much eliminate any risk of expensive issues eliminate concerns of low resale value and allow you to upgrade to better newer EV technology as it’s introduced in the coming years and if you are buying an EV for longer term

Ownership the way that you use and charge your EV does seem to impact its capacity and its lifespan most automakers and community members recommend that you try and keep the battery between 20 to 80% charge as much as possible try to avoid full charges and discharges whenever you can short

Topups are much better for the battery life and avoid keeping your car in extreme heat or extreme cold weather without preconditioning the battery and avoid overuse of high high speed level three fast charging all of these things can really help to increase a battery’s lifespan of course if you’re still not

Convinced and believe that electric vehicles still have a lot of room for improvement you do have other options available such as hybrids the great thing about hybrids is that unlike EVS they have now been around for over 20 years so the technology has fully matured to the point where the

Reliability is very solid and the risk of battery failure is extremely low just look at the countless Toyota hybrids that are used as taxis in many regions many have 300 even 400,000 Mi and they’re running their original batteries and other drivetrain components with very few issues and not only is the

Reliability extremely well proven but even in the really rare event that you do have a battery failure it’s not going to cause bankruptcy because many hybrids have now been around for so long and the whole system and supply chain around them is so well sorted many third-party battery replacement options are

Available in the case of Toyota for example reputable companies offer rebuilt or remanufactured batteries for as little as $2,000 complete with a warranty and new battery units direct from Toyota are sometimes not much more expensive so basically the risk of owning a hybrid from a reputable brand is basically no

Higher than that of owning a traditional gas car which has their own potential risk like say engine failure and the cost of that could potentially be just as much or even more than the cost of a hybrid battery now plug-in hybrids do have larger batteries than hybrids so

Their cost will be higher but the cost is still nowhere close to an electric vehicle the important Point here is that the rare event of a battery failure on a hybrid doesn’t result in the car becoming a pile of scrap metal reasonably priced replacement options exist comparable to that or even less

Than that of replacing an engine on a gas vehicle and that’s a really important distinction between hybrids and electric cars right now now many automakers do believe that as time goes on Supply chains mature and the technology improves the cost of EV battery replacement will come down to a

More reasonable level some are working on designing batteries that are in pieces or or modules that can be serviced individually rather than replacing the whole giant battery unit as a whole they are also working on finding ways to remanufacture and repair the batteries in a more affordable way

To prevent the horror stories like the ones that I shared earlier there’s no question though automakers have a lot of work to do to bring down the cost of replacing an EV battery to the point where it’s similar to that of a hybrid but also similar to that of replacing an

Engine transmission on a traditional gas car all of that will take time to happen which means that there’s no hurry to go and rush into buying an EV right now they will only get better and better as time goes on and the cost of repairs should keep going down to in the

Meantime if you really want to get your foot in the door of vehicle electrification a hybrid can be a much better and a much safer option right now and if you already own an EV interfaced with a C crazy expensive battery failure just like the Hyundai examples that were

Shared earlier well you need to put pressure on both the dealership and the manufacturer to help you as they should and if they’re not willing to do so don’t be afraid to go to the media and share your story or share your story with people like me as others have done

So after watching this video would you still consider buying an electric vehicle a hybrid or something else instead let me know in the comments and if you enjoyed this video make sure to like And subscribe cribe you can also watch my other videos by clicking these

Links over here make sure to follow me on Instagram and if you need additional car buying advice recommendations or help with getting a great deal on your next new car purchase make sure to visit carh helpc can.com thanks so much for watching and see you next time

Here is the shocking cost of electric car batteries from every car brand. We share how much electric car batteries cost to replace for every major car brand, including Hyundai, Kia, Ford, Tesla, and GM. We also compare EV and hybrid car battery prices, and share what you can do to reduce the risks and prevent a costly nightmare. If you are buying a new electric car or electric SUV, make sure to watch this video.

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With over a decade of experience as a professional car buyer and auto consultant, Shari Prymak has helped thousands of consumers with their car buying needs. Car Help Corner provides honest, objective, consumer advice with all aspects of car buying and car ownership. For more professional advice, check out Car Help Canada, become a member, and subscribe!