>> By the time your battery needs replacement it will cost a fraction of what it costs today<<
There is absolutely no guarantee that it would be the case. The cost of batteries is largely determined by raw materials such as lithium, nickel, etc, and the demand for those minerals will exceed that of supply for some foreseeable time -- at least not until 2030.
>> Battery prices have been falling fast as the volume production of these batteries have scaled up.<<
Yeah, that's only if you get a brand different battery with improved energy density and chemistry. Your EV is stuck with the same old efficient and expensive batteries from the date/year of purchase.
There is absolutely no guarantee that it would be the case. The cost of batteries is largely determined by raw materials such as lithium, nickel, etc, and the demand for those minerals will exceed that of supply for some foreseeable time -- at least not until 2030.
>> Battery prices have been falling fast as the volume production of these batteries have scaled up.<<
Yeah, that's only if you get a brand different battery with improved energy density and chemistry. Your EV is stuck with the same old efficient and expensive batteries from the date/year of purchase.