The battery of an electric vehicle (EV) is an important component, and you would be shocked to know that it is the most expensive part. This single component makes the EV costly, and hence in India, EV cars are more expensive because the batteries are very costly.
To give you a rough idea – if your EV car warranty period ends, how much would an EV battery replacement cost?
I have analyzed this, and found that an EV car battery costs around 50% of the total car cost. For example, if your EV cost is ₹10,00,000, you will have to pay at least ₹5,00,000 to replace the battery. Yes, this amount is a bit shocking, but this is the harsh reality of owning an EV car.
The reason for the high cost is that India has limited EV battery manufacturing capabilities. And due to this, the replacement cost of battery is bit high and this bitters the taste of car owner.
Now, the current scenario is that EV batteries are exorbitantly expensive to replace. But in the future, as more automakers enter the EV market, battery prices may drop to around 30% of the car cost. Even in that case, you would have to pay at least ₹3-4 lakhs to replace an EV battery.
To give you an estimate, here is how much dealers charge currently for EV battery replacement (based on battery capacity):
- MG Comet EV: ₹3.10 lakh
- MG ZS EV: ₹6.62 lakh – ₹8.50 lakh
- Tata Tiago EV: ₹3.50 lakh – ₹4.50 lakh
- Tata Tigor EV: ₹4.00 lakh – ₹5.00 lakh
- Tata Punch EV: ₹4.50 lakh – ₹5.00 lakh
- Tata Nexon EV: ₹4.50 lakh – ₹5.50 lakh
- Citroen eC3 EV: ₹5.00 lakh
- Mahindra XUV400 EV: ₹5.00 lakh (approximately)
These are estimated prices, but it gives you an idea of the high replacement costs.
Note: In the coming few years, when battery manufacturing starts in India and competition increases, the price of batteries will fall by 30% to 40%.
The good news is, most EV batteries come with an 8-year warranty. So you don’t need to worry about the battery for that duration. If the battery has issues within the warranty period, you can get it claimed at the service center. But after 8 years, you will have to pay a large amount out of pocket, as explained above.
For those still considering an EV, it is worth as battery prices are expected to become more affordable over time. Here’s future analysis on EV car battery replacement cost (upcoming years price):
- MG Comet EV: ₹2.10 lakh
- MG ZS EV: ₹4.62 lakh – ₹6.50 lakh
- Tata Tiago EV: ₹2.50 lakh – ₹3.30 lakh
- Tata Tigor EV: ₹2.80 lakh – ₹3.80 lakh
- Tata Punch EV: ₹3.00 lakh
- Tata Nexon EV: ₹3.50 lakh – ₹4.50 lakh
- Citroen eC3 EV: ₹3.50 lakh
- Mahindra XUV400 EV: ₹3.30 lakh (approximately)
The high upfront cost of the battery will pay off in the long run from fuel savings. But be prepared to spend a significant amount on replacement once the battery warranty expires.
I hope this analysis gives you a clearer picture of the current EV battery replacement costs in India. You can share this information to others and notify about the Ev car battery cost. This will really help and they can take right decision!
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