EV Battery Myth cost

EV Battery Myth cost
Why does this myth surrounding EV batteries still persist?
This topic often comes up during conversations about EVs.
“EV batteries do not last and will need to be replaced in 3 years, and the cost is as much as a car.”
The truth of the matter is that Electric vehicles (EVs) have come a long way in recent years. While battery costs were once a major barrier to widespread EV adoption, the reality today tells a different story.
In the early 2010s, older EV models did indeed carry high battery costs, which influenced purchasing costs and public perception. Additionally, the media often focuses on rare battery replacement cases.
However, it’s important to note that current EV batteries are designed to last 10–15 years and will most likely outlast the vehicle itself.
EV manufacturers are also investing in battery recycling and second-life applications, which help extend battery value and reduce environmental impact. In Japan, for example, batteries from old hybrids are reused to store electricity from wind turbines or used as backup storage for solar-powered homes,
Consumers should be aware that while the initial purchase price of some EVs can still be higher than comparable gas cars, the total cost of ownership—including fuel savings and lower maintenance—can make EVs a more economical choice over time.
The idea that EV batteries are still prohibitively expensive is outdated. Thanks to advances in technology, battery costs are falling steadily, and their reliability has improved in leaps and bounds. BYD’s blade battery is proof of that. And if ever there is any doubt, BYD backs up its claims. All vehicles sold by BYD in the Philippines are covered by a 6-year, or 150,000-kilometer vehicle Warranty, an 8-year, or 160,000-kilometer Blade Battery warranty, and an 8-year, or 150,000-kilometer electric motor warranty. For Kia, you are coveted by a 5-year or 160,000 kilometers vehicle warranty, while the EV high-voltage battery has an 8-year or 160,000 kilometers warranty.