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There are EVs with 10 year battery warranties So either 1. Car companies disagree that their batteries will all be paperweights within 8-10 years 2. Car comp
by Rebelgecko 3y ago
There are EVs with 10 year battery warranties
So either
1. Car companies disagree that their batteries will all be paperweights within 8-10 years
2. Car companies don't think batteries will cost $25k to replace.
3. Car companies are not trying to be profitable. They are choosing to sell cars that will lose them tens of thousands of dollars in warranty claims. Car companies like Hyundai and Kia will go bankrupt as they spend billions on replacement batteries for cars that cost <$50k
Im inclined to think it's actually 1 or 2, and I'd imagine they have actual data to back up their decisions.