From Andy Slye.
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After 108,000 miles the time has finally come. My battery has been replaced in my Tesla Model 3, but before we get into the details and total cost let’s talk about this "problem" of batteries needing to be replaced on electric vehicles and the expected high cost of replacement. You won’t believe the amount of comments I get on my Tesla videos from people who love their gas cars that always say something like “Your Tesla battery will not last 10 years and it will cost you $20,000 to get it replaced”. Let’s look at Tesla’s current battery warranty information because this gives us an idea of what sort of life we can expect from the battery. For my long range Model 3, the battery and drive unit come with a limited warranty covering a period of 8 years or 120,000 miles, whichever comes first, with a minimum 70% retention of Battery capacity over the warranty period. That means if my battery capacity drops below 70% any time before the warranty expires, Tesla will replace the battery for free. My Model 3 came with an estimated range of 310 miles so technically the range could fall to 217 miles which is 70% of the original capacity, and that would be considered “normal” and would not qualify for a battery replacement at the time of warranty expiration. Luckily my battery has had nowhere near that bad of degradation after four and a half years and over 100,000 miles. The most recent estimated range on my Model 3 showed 295 miles. That comes to about 95% battery capacity which is really good.
Tesla claims their vehicles can retain 90% of their battery capacity even 200,000 miles in. A research firm based in the UK has also backed up that claim after studying over 500 Tesla vehicles, with those at the 150,000-mile mark retaining 90% battery capacity and those over 200,000 still holding about 80% capacity. My experience seems to be on par with that, with my Model 3 battery still at 95% after nearly 5 years & 110,000 miles. A Model 3 battery replacement does not cost $20,000. Based on reports it costs somewhere around $15,000 but that’s only necessary if the battery is no longer covered under the warranty (which most of the very first Model 3 vehicles if driven the average miles per year will still have an active battery warranty in 2025 & 2026). At that point batteries should be even cheaper than today because lithium ion battery pack prices were above $1,200/kWh in 2010, and they have fallen 89% in real terms to $132/kWh in 2021, with the goal to reach a price of less than $100/kWh. Needless to say, I don’t foresee me having to get my Tesla Model 3’s high voltage battery replaced any time soon, if at all during my lifetime ownership of the car.
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