How much does an electric car battery cost?
Electric cars

How much does an electric car battery cost?

What is the heart of an electric car? Battery. Indeed, thanks to him, the engine receives energy. Knowing that an electric car battery has a lifespan of about 10 years, you may need to replace it one day. So what is the price of an electric car battery? IZI By EDF gives you several answers.

How much does an electric car battery cost?

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Price per kilowatt-hour

What determines the price of an electric car battery? Its energy content is in kilowatt-hours (kWh). This is what gives the engine autonomy and power. Thus, the price of an electric vehicle battery depends on its capacity, so it is expressed in EUR / kWh.

Here is the price for the most common electric vehicle batteries:

  • Renault Zoe: 163 euros / kWh;
  • Dacia Spring: 164 € / kWh;
  • Citroën C-C4: 173 euros / kWh;
  • Skoda Enyaq iV version 50: 196 euros / kWh;
  • Volkswagen ID.3 / ID.4: 248 € / kWh;
  • Mercedes EQA: 252 euros / kWh;
  • Volvo XC40 Recharge: 260 € / kWh;
  • Tesla Model 3: 269 euros / kWh;
  • Peugeot e-208: 338 euros / kWh;
  • Kia e-Soul: 360 euros / kWh;
  • Audi e-Tron GT: 421 EUR / kWh;
  • Honda e: 467 euros / kWh.

Falling prices

According to research organization BloombergNEF, the price of an electric vehicle battery has dropped 87% in a decade. Although it accounted for 2015% of the sales price of an electric vehicle in 60, today it is around 30%. This decline in prices is attributable to increased production, which results in lower production costs. In turn, prices of cobalt and lithium, important components of an electric vehicle's battery, are falling.

You might be wondering if buying an electric car will pay off in 2021? IZI By EDF answered this question in another article, which you will find by following the link above.

Electric car battery rental cost

An alternative option is to rent your electric vehicle's battery. When renting, you can choose to cover the option to replace the battery when it starts to lose capacity.

In the rental agreement, you can also use the breakdown assistance service or maintenance services for the battery or electric vehicle.

Thus, renting batteries has the following advantages:

  • reduce the purchase price of the car;
  • guarantee the battery capacity and power reserve of the electric vehicle;
  • take advantage of special services such as breakdown assistance.

The cost of renting a battery for an electric vehicle varies depending on the manufacturer. It can be calculated by the number of kilometers traveled per year, as well as by the duration of the battle.

As part of the lease, you pay a monthly rent equivalent to a budget of 50 to 150 euros per month. We remind you that in this case you bought a car and you rent the battery.

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