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I expect as battery prices fall, car manufacturers will start offering free battery upgrades as an included service with the sticker price. Today people are act
by thehappypm 4y ago
I expect as battery prices fall, car manufacturers will start offering free battery upgrades as an included service with the sticker price. Today people are actively paying $40K for a new car. As batteries get cheaper, some manufacturers might race to the bottom and just try to offer cars for as cheap as possible, like imagine a 300 mile range Honda Civic for $10k. Others might still charge $40k but give you goodies like a fresh battery every five years.
- Kirby64 4y agoThis will never happen. Car manufacturers today are moving away from one-time-fee models and trending towards subscription-based models (see all the hub-bub around the BMW heated seat subscription). If anything, it'd be the opposite: Pay some smaller up-front cost, but a monthly 'battery service' fee or something instead. Also, I highly doubt there will ever be a car in the $10k new segment (at least in the US); it just isn't feasible with the demands of consumers for other things (safety, regulations, infotainment, interiors, etc). Even if the battery cost approaches zero, there's more than $10k worth of car (not in BOM, but what it would sell for) in probably every car today.
- thehappypm 4y agoSure, that’s a viable model as well! Either way I think the market and industry will find a way to make it work for the consumer such that they won’t feel like an EV is just a hidden $10k charge in 10 years.
- Kirby64 4y agoNobody worries about a hidden $10k cost for an engine replacement (which, after labor... is probably what it actually costs for many vehicles if you want a brand new engine) 10 years down the road either. I treat this as a similar thing. If you actually want to redo it, you buy a used battery with less miles on it for much less than a new battery. Just like an engine/transmission/etc. The only difference is you lose range as the car ages... although for a gas car, it probably gets less efficient with age too (but, this is much less noticeable thanks to refueling times)