Oct 20, 2023
How Much Do EV Batteries Cost?
Some EV owners are taken by surprise when they discover the cost of replacing their batteries. Depending on the brand and model of the vehicle, the cost of a new lithium-ion battery pack might be as high as $25,000.
In this graphic, we use data from Benchmark Minerals Intelligence to showcase the different costs of battery cells on popular electric vehicles.
Dataset
Vehicle | Battery Type | Battery Capacity | Battery Cost ($US) | Total Cost of EV ($US) |
---|---|---|---|---|
2025 Cadillac Escalade IQ | Nickel Cobalt Manganese Aluminum (NCMA) | 200 kWh | 22540 | 130000 |
2023 Tesla Model S | Nickel Cobalt Aluminum (NCA) | 100 kWh | 12030 | 88490 |
2025 RAM 1500 REV | Nickel Cobalt Manganese (NCM) | 229 kWh | 25853 | 81000 |
2022 Rivian Delivery Van | Lithium Iron phosphate (LFP) | 135 kWh | 13298 | 52690 |
2023 Ford Mustang | Lithium Iron Phosphate (LFP) | 70 kWh | 6895 | 43179 |
2023 VW ID.4 | Nickel Cobalt Manganese (NCM622) | 62 kWh | 8730 | 37250 |
Data sources
Sources: Benchmark Mineral Intelligence, Business Insider. Counterpoint, Car and Driver, CleanTechnica. InsiderEVs
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