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Yes, they are more expensive than motors. The F-150 Lightning has ~100kWh of capacity, and last time I looked it up, batteries cost the manufacturer ~$140/kWh,
by bagels 3y ago
Yes, they are more expensive than motors. The F-150 Lightning has ~100kWh of capacity, and last time I looked it up, batteries cost the manufacturer ~$140/kWh, so, $14,000 in batteries. I don't know what the motor costs, but if they're selling for $35k, I can't imagine the motor costs $14,000. Probably a lot less than this.
- throwaway894345 3y agoWhere did you find $14K? I'm seeing $35K for a replacement--is Ford really marking these up $20K / 250%?
- bagels 3y agoI was using the most aggressive estimates of how much it costs manufacturers to buy batteries on a per kwh basis. Retail replacement cost for the battery is not anywhere near the cost to manufacture the battery.
- NikolaNovak 3y agoIt is my understanding that 250% is lower than normal markup on automotive service parts bought from a. dealership. Economy of cars is weird. As a manufacturer You sell today for a single price. But you have to account for free, expensive warranty work for many years. And recalls. And you have to manufacture, stock, and make available random parts in somewhat predictable but somewhat not quantities for decades. So a gadget that may have cost 50c to produce technically, will be priced at 8.99,for any of the above reasons - subsidize warranty costs, storage costs, etc. Basically, I wish most car parts had only 250% markup!