The potential high cost of EV battery replacements is a major worry for new-car shoppers, but that likely won’t be the case for long, according to battery-analysis firm Recurrent. Recurrent, which produces battery health reports for used EVs, predicts that plummeting new-battery prices will make replacing a battery pack cheaper than repairing a gasoline engine … Continue reading “Replacing an EV battery may cost less than fixing a gas engine by 2030”
Written by EVadmin
Climate research firms expect the prices of lithium, a key raw material in an EV battery, to plummet in the coming years. This trend will likely keep second-life batteries in service years after they are first introduced, thanks to technological improvements. Battery replacements are rare. Even then, replacements are poised to cost as much as, … Continue reading “Battery Replacement Costs Are Poised To Plunge: 'Cheaper Than Fixing An Engine'”
Written by EVadmin
Photo: Oregon Department of Transportation, CC BY 2.0 , via Wikimedia Commons The US Joint Office of Energy and Transportation has broken ground on a $150 million grant project to repair and upgrade 4,500 EV charging ports. The Joint Office broke ground on its first Electric Vehicle Charger Reliability and Accessibility (EVC-RAA) program-funded project yesterday … Continue reading “The US govt is fixing and upgrading 4,500 EV charging ports”