States and countries are putting bans in future EV sales. Car companies are quickly transitioning over to EV cars. Eventually car companies won’t even make gas cars, then there will be country wide bans on sales of new gas cars.
For example New York state put a ban on all gas stoves and furnaces in newly built homes.
I saw news reports that a EV battery costs $12,000, $18,000, $24,000 - $30,000. This is due to all the rare earth metals like lithium that has to be mined in other countries like Asia.
Due to the rarity of materials in the EV batters and the huge size of the battery, and the complexity of the installation, is this going to basically price people out of buying used cars?
If you see a affordable Jeep for $8,000…and the battery is worn out and all you have is a 50 mile range, and the cost of replacement costs $11,000…then that car is $19,000…and there fore not affordable.
So all used cars will be $15,000 - $25,000…and you will be stuck with monthly car payments of $500-$700/month including insurance.
We could be facing a future where the cheap car in cash is over and everyone has to make car payments.
Is the high cost of constant gasoline replacement, every week or more during THE ENTIRE LIFE OF THE VEHICLE!!!, going to cause a transportation crisis?
fILM AT 11.
Posts like this always make me think of that time a guy in one of the car subs posted his $20k invoice to have the clutch and exhaust replaced in an Audi.
Here we go again…
lol… the sad and frustrating thing though is just how many people are out there who think like OP
Where the hell are you getting your information from?
When you buy a used ICE car, do you replace the engine and transmission? ICE engines wear over time, just like batteries lose capacity over time. They don’t just suddenly fail, or lose tens or hundreds of miles of range.
On top of that, batteries can be repaired. When a part on your engine goes bad, do you replace the whole engine?
Worst case scenario if the battery fails and its outside of the generous powertrain warranty most EV’s have, it still costs about the same as an ICE engine replacement.
Stop taking your information from Facebook, or from people that have absolutely no idea what they’re talking about.
This is due to all the rare earth metals like lithium that has to be mined in other countries like Asia.
Where to begin…
Lithium is not a rare earth metal
Batteries contain no rare earth metals (Rare earths, which aren’t actually all that rare, are metals like niobium, dysprosium, samarium etc.)
Lithium is primarily produced in Australia, Chile or Argentina
Asia is not a country
Don’t feed the trolls
Can we eat them though? The regeneration makes for great all-day munchables.
Beside what others have said about the longevity of the battery outlasting the car itself,
We could be facing a future where the cheap car in cash is over and everyone has to make car payments.
But also a future where cars do not excessively pollute because of failed emissions control engine components that is often the case with old engines.
“So all used cars will be $15,000 - $25,000…and you will be stuck with monthly car payments of $500-$700/month including insurance.”
That’s what used cars go for now.
The cost of battery replacement is a current problem that will be solved over time.
Long term this shouldn’t be an issue because there will be solutions to repair damaged batteries, batteries will decrease in price, and there will be competing aftermarket and remanufactured batteries. Additionally, laws may be passed to require reasonable battery repair options and costs as well as the compensation of customers for the value of damaged batteries.
Mass market EVs are still fairly new and the industry and practice around multi-decade maintenance of them is only in its infancy.
It won’t. We’re over a decade in and pricing has only gone up. Damn that labor.
I would recommend that you never ever ever buy an EV. You have dOne YoUr reSeArch! use your “common sense”. Don’t be like all the sheeple!
/s
R u ok?
Batteries keep getting cheaper. By the time you would need to replace the battery (if ever), the cost will be extremely low. Plus, there will be refurb packs available by then as well. Also, recycling will be in full swing so the materials will be cheaper than mining.
They said that 10 years ago. Replacement costs have only increased. Damn that labor!
Lithium is not a rare earth metal. It is an alkali metal similar to sodium. And it isn’t rare. New deposits are being found all the time, all over the world.
The OP is full of ill-informed gobbledegook.
Non-Ukrainian detected. Come to think of it, probable Russian troll with more info war (seed, harvest, amplify - this being the “seed” part. Seed this narrative, see if it sticks and if so harvest, and amplify onto other social media).
Meanwhile in Ukraine… they can take a Tesla whose battery case has been physically bent and modules damaged and put it back on the road. This is not a problem.
Looks like you’re assuming the battery is the first thing to go bad on an EV.
If you are lucky yes. The drive units are right there with them. Also thousands of dollars.