How Much is a Battery Replacement?

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The price of an EV battery is determined by its capacity in kWh, which dictates the range and power level of the motor it supplies. However, the economies of scale and improvements to technology mean that EV battery prices are falling. In 2010, the average cost of an EV battery was around £900 per kWh. By 2018 this had dropped to £140 per kWh.

On top of that, many manufacturers are offering better warranties on EV battery to improve consumer confidence. Most now cover the battery for 80% of its life for at least five years.

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