Problem of cheap old used EV's for the general public is 2 - 4 K for a new battery when car is 12 years old.
LOL! It's a bit more than that. Take an old Nissan LEAF, a cheap "people's". EV. Here's what it will cost you to replace the battery (more like off to the junk yard)..
https://www.recurrentauto.com/research/costs-ev-battery-replacement
According to a 2020 report from Cashcarbuyers, a replacement pack for a LEAF can run you the following, without labor:
30 kWh pack price ranges from $3,500 to $4,500, at most $150/kWh.
40 kWh pack price ranged between $6,500 and $7,500, at most $187.5/kWh.
62 kWh battery pack is expected to be between $8,500 and $9,500, at most $153/kWh.
However, anecdotal data from our own Recurrent drivers in the past few years shows that demand - and price - for LEAF replacements has actually grown quite a bit since 2020. A Facebook group dedicated to LEAF battery replacements reports that swapping out an old 24 kWh pack with a new 62 kWh pack retails at $19,000. In Atlanta, replacement packs with installation are going for $12,000 for a 40 kWh pack installed, and $16,500 for a 62 kWh. At these prices, you're looking at $266 - $300/ kWh, including labor.
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