Considering purchasing an electric vehicle? If so, there are some things you should think about before purchasing. The benefits are numerous, including fuel costs and reducing our carbon footprint. Below are three things to consider before you make your purchase.
Replacement battery costs
The battery is the single most expensive component of an electric vehicle. The battery on an electric vehicle is much more powerful than the lead-acid batteries found in most other vehicles.
The batteries in electric vehicles are lithium-ion batteries, which are denser and lighter than the traditional lead-acid batteries found in gas-powered cars. Electric vehicle batteries can cost anywhere from $10,000-$25,000 to replace.
When looking at the cost of replacing your EV battery, it’s important to consider how long it will last.
Where to charge
An important factor of owning an electric vehicle is figuring out where you can charge while you’re on the road. Electric vehicles can charge on a regular EV charger at home, or a fast charger for public use. However, there are only about 6,000 fast chargers in the United States. Don’t get stranded because of a dead battery and no charging stations.
End-of-life battery disposal and costs
When your electric vehicle battery needs to be recycled, you’ll have to find an authorized battery recycler to avoid damaging the environment and fines.
The batteries in electric vehicles are very powerful and must be disposed of properly. When your electric vehicle battery needs to be recycled, you’ll have to find an authorized battery recycler to avoid damaging the environment and fines. Batteries can contain dangerous materials like lead, mercury, or cadmium that can contaminate soil and groundwater if not handled correctly.
Some companies offer free recycling services for EV owners, so check for local options in your area before paying for a service.
Before you make the leap to an electric vehicle, it’s important to consider the potential downsides of your decision–not because they’re guaranteed to occur, but because it’s helpful to know what they might be before getting into such a long-term commitment. You’ll want to consider these factors in making your own decision, and while you’re technically not required to do so before making an EV purchase, you may find that it’s helpful in working through the decision-making process.