When it's time to replace, you'll get a larger battery for less money. You may be able to sell or reuse the old battery for stationary power storage.
Nissan Leaf (one of the oldest BEVs) launched with 24kWh batteries. Now it has 40kWh for the same price (even less if counting inflation), and 64kWh upgrade options.
Batteries tend to degrade 1%-2% per year, and there's no breaking point when you have to replace. In the Model S's (another old EV model with over a decade of data available) the cooling system tends to die sooner than the battery it cools.
BEV battery recycling is still in infancy, because EV batteries are lasting longer than expected.
Nissan Leaf (one of the oldest BEVs) launched with 24kWh batteries. Now it has 40kWh for the same price (even less if counting inflation), and 64kWh upgrade options.
Batteries tend to degrade 1%-2% per year, and there's no breaking point when you have to replace. In the Model S's (another old EV model with over a decade of data available) the cooling system tends to die sooner than the battery it cools.
BEV battery recycling is still in infancy, because EV batteries are lasting longer than expected.