26: Battery Cost
One of the most costly elements of owning an electric car is the eventual cost of replacing the battery. According to Greencars.com, the average cost of replacing an electric car battery is between $5,000-$15,000. That’s more than most consumers even have in their savings accounts, much less the ability to put it down on a replacement battery.
And the batteries that we are seeing go inside of vehicles are only getting much larger and more costly. The replacement batteries in an electric vehicle are something that most potential electric car buyers aren’t considering. What happens when the batteries go out a few years down the road? The cost is definitely more than most are going to anticipate.