Data Shows EV Batteries Last Longer Than Initially Thought
Data pooled from tens of thousands of electric vehicles is delivering a verdict that should reassure anyone who ever hesitated over buying an EV. Batteries are holding up far better than anyone predicted when the first modern electric cars reached consumers. Nobody had a reliable benchmark for battery longevity when EVs first reached the market around 2010, and published estimates suggested battery packs might begin failing after as little as seven years. With typical American cars staying on the road for well over a decade and replacement costs ranging from five to twenty thousand dollars, the risk felt very real. Researchers now understand degradation does not…