3 ms·

> the linked report... Am I reading page 43 right? The cost of the battery in the Volt is currently $12,300? That's almost exactly 90% of the selling pric

> the linked report... Am I reading page 43 right? The cost of the battery in the Volt is currently $12,300? That's almost exactly 90% of the selling price of my new ICE vehicle! Q: What's the projected lifespan of the battery pack in a Volt?

jdietrich 8y ago
>Am I reading page 43 right? The cost of the battery in the Volt is currently $12,300? That's almost exactly 90% of the selling price of my new ICE vehicle! Yup, and it's why falling battery costs are such a big deal for the EV industry. It's worth thinking about the battery as a pre-payment for fuel; it's very expensive up front, but it substantially reduces your cost per mile for the life of the car. Q: What's the projected lifespan of the battery pack in a Volt? The Bolt's battery pack has an 8 year/100,000 mile warranty, with a maximum capacity loss of 40% during that period. Data from Nissan Leaf owners suggests a capacity loss of about 20% over five years, while Tesla Model S owners have reported much lower capacity loss - sometimes as little as 10% after 150,000 miles. Pack longevity has been increasing due to better cell chemistry and improved thermal management, but only time will tell how well the Bolt's batteries age. Nissan offer a refurbishment program for the Leaf, which will restore the pack to its original rated capacity for $2,850; I would expect most manufacturers to follow suit. Battery pack refurbishment is also available from a number of third-party providers. Given the excellent durability of the rest of the powertrain due to the very small number of moving parts, EVs may prove to be surprisingly durable - with a battery refurbishment after 10 years, an EV may give 20 years of good service. The Nissan Leaf has fairly high depreciation due to the poor initial range of earlier models, but Teslas seem to be holding their value fairly well.
- logifail 8y ago
  > The Bolt's battery pack has an 8 year/100,000 mile warranty, with a maximum capacity loss of 40% during that period. If one were to attempt to market an ICE vehicle that lost "up to 40% engine performance" over 8 years/100k miles, one would struggle. > EVs may prove to be surprisingly durable There are many cheap, modern ICE vehicles that are already surprisingly durable - I have the service receipts for the 9 year old VW Polo (bought new, and which we traded in in 2015) as a data point. Again, I wish EVs were already competitive, but aren't they still stuck as a lifestyle choice for those with "spare money"?

jdietrich 8y ago

>Am I reading page 43 right? The cost of the battery in the Volt is currently $12,300? That's almost exactly 90% of the selling price of my new ICE vehicle! Yup, and it's why falling battery costs are such a big deal for the EV industry. It's worth thinking about the battery as a pre-payment for fuel; it's very expensive up front, but it substantially reduces your cost per mile for the life of the car. Q: What's the projected lifespan of the battery pack in a Volt? The Bolt's battery pack has an 8 year/100,000 mile warranty, with a maximum capacity loss of 40% during that period. Data from Nissan Leaf owners suggests a capacity loss of about 20% over five years, while Tesla Model S owners have reported much lower capacity loss - sometimes as little as 10% after 150,000 miles. Pack longevity has been increasing due to better cell chemistry and improved thermal management, but only time will tell how well the Bolt's batteries age. Nissan offer a refurbishment program for the Leaf, which will restore the pack to its original rated capacity for $2,850; I would expect most manufacturers to follow suit. Battery pack refurbishment is also available from a number of third-party providers. Given the excellent durability of the rest of the powertrain due to the very small number of moving parts, EVs may prove to be surprisingly durable - with a battery refurbishment after 10 years, an EV may give 20 years of good service. The Nissan Leaf has fairly high depreciation due to the poor initial range of earlier models, but Teslas seem to be holding their value fairly well.

logifail 8y ago
> The Bolt's battery pack has an 8 year/100,000 mile warranty, with a maximum capacity loss of 40% during that period. If one were to attempt to market an ICE vehicle that lost "up to 40% engine performance" over 8 years/100k miles, one would struggle. > EVs may prove to be surprisingly durable There are many cheap, modern ICE vehicles that are already surprisingly durable - I have the service receipts for the 9 year old VW Polo (bought new, and which we traded in in 2015) as a data point. Again, I wish EVs were already competitive, but aren't they still stuck as a lifestyle choice for those with "spare money"?