One of the main concerns for people who want to shift to EVs is the cost of the replacement battery.
On average, it costs close to 50% of the vehicle cost, on top of the extra premium that they pay for buying an electrical vehicle.
In the long term, an EV user will lose more money than they saved on fuel costs. Until the battery cost is down to a reasonable range, it is next to impossible for people to shift to EVs.
Many prospective EV buyers have one question in mind: What is the Electric Car Battery Replacement Cost In India?
The Internet is full of fake data on this, and even the manufacturers are not revealing that.
So, consumers are forced to make an assumption and buy the electric vehicle without considering the Electric Car Battery Replacement Cost.
In this article, we will try to give you insights about Electric Car Battery Replacement Cost, which might be more or less correct because the data was derived from actual consumer spending worldwide.
Before that, we need to understand the factors driving the cost of electric car battery replacement.
Factors Affecting Electric Car Battery Replacement Cost
Regarding electric car ownership, one of the major concerns for potential buyers is the battery replacement cost.
The cost of replacing an electric car battery can vary depending on several factors. Understanding these factors can help you make an informed decision when considering the purchase of an electric vehicle.
Battery Type And Size
The type and size of an electric car’s battery play a significant role in determining the replacement cost.
Larger batteries with higher capacity will naturally cost more to replace than smaller ones. Additionally, advancements in battery technology can impact the cost, as newer and more efficient batteries may have a higher price tag.
Brand And Model Of The Electric Car
Electric car manufacturers use different battery technologies, and the replacement cost can vary between brands and models.
Some manufacturers may have proprietary battery technology, which can make replacements more expensive due to the limited availability and specialized expertise required for installation.
Warranty Coverage
The warranty that comes with the electric car’s battery can significantly impact replacement costs. Some warranties may cover the cost of battery replacement for a certain period or up to a certain mileage.
Understanding the terms of the warranty is crucial, as it can potentially save you a substantial amount of money in the event of battery failure.
Most cars sold in India come with 8 years or 160K KM battery coverage. This means you don’t have to worry for up to 8 years.
However, you need to look for battery degradation coverage. Some manufacturers claim to replace the battery if it degrades by more than 30% in 5 years.
The Driving Condition
If you are driving your vehicle in a too hot and humid region, the battery may degrade faster. In that case, you may need to replace the battery sooner than before.
Temperature badly affects lithium-ion battery life, so unless you are exposing your battery to high temperatures, you don’t have much to worry about.
Average Electric Car Battery Replacement Cost In India
The average cost of replacing an electric car battery can vary widely depending on the abovementioned factors.
On average, the battery replacement cost for electric cars can range from ₹15000 to ₹20000 per kWh. However, this cost can be higher for luxury electric vehicles with more extensive and advanced battery systems.
For example, if you want to replace the Tata Nexon Battery with a 40 kWh battery, you may need to shell out a minimum of ₹15000X40= ₹600000. In addition, you also need to pay labor fees and taxes, which will vary between 1 and 2 lacs.
So, you need about 7-8 lacs to change the Tata Nexon battery, which is more than 50% of the vehicle’s cost.
Battery costs are coming down drastically, and we expect them to touch around ₹10K per kWh in the next two years.
More manufacturers are into battery manufacturing, and lithium-ion exploration is in full swing.
Additional Costs To Consider
In addition to the cost of the battery itself, other expenses must be considered when replacing an electric car battery.
These may include labor costs for installation, diagnostic fees, and potential costs for disposing of the old battery in an environmentally friendly manner. On average, it will be around 1-2 lacs per car.
Cost Savings And Incentives
Some electric car manufacturers and dealerships may offer incentives or discounts for battery replacement, especially for vehicles still under warranty.
Additionally, government incentives or rebates may be available for electric car owners, which can help offset the cost of battery replacement.
Tips for Managing Electric Car Battery Replacement Cost
Regular Maintenance And Care
Proper maintenance and care of the electric car battery can help prolong its lifespan and reduce the likelihood of premature failure.
Following manufacturer-recommended maintenance schedules and avoiding extreme temperatures can also contribute to battery longevity.
Utilizing Warranty Coverage
If the electric car is still under warranty, it’s essential to take advantage of any coverage for battery replacement.
Understanding the warranty terms and conditions and adhering to maintenance requirements can help ensure that any potential battery issues are addressed within the warranty period.
Researching And Comparing Prices
Before committing to a battery replacement, it’s advisable to research and compare prices from different sources. This may include contacting authorized dealerships, independent mechanics, or specialized electric car service centers to find the best deal.
Conclusion: Electric Car Battery Replacement Cost
Prospective electric car owners must consider the cost of battery replacement. Understanding the factors that influence replacement costs, researching average costs for specific models, and exploring cost-saving opportunities can help mitigate the financial impact of battery replacement.
With proper maintenance and utilization of warranty coverage, electric car owners can effectively manage and plan for potential battery replacement costs.
FAQ: Electric Car Battery Replacement Cost
How Much Is An Electric Car Battery Replacement?
On average, replacing an electric car battery costs around ₹15000-₹20000. So if the car comes with a 40 kWh battery pack, you need 40X15000=600000 to replace the battery pack.
