> In fact, many EV batteries may outlast the vehicles they are installed in, then enjoy a second life in a stationary storage application before finally being recycled, according to EVANNEX. “At the end of the vehicle’s life — 15 or 20 years down the road — you take the battery out of the car and it’s still healthy with perhaps 60 or 70% of usable charge,” Thomas said.

Meanwhile the battery replacement cost isn't $10k+. Nissan dealers charge $5500 for a new battery. Refurbished batteries are available for as little as $1000, with the obvious trade off that you'll have to replace it again sooner, but $1000 for another 3-5 years (with the option to do it again) could be a better choice for an older car than $5500 for another 10-15 years, depending on how much value you place on the inconvenience of disassembling your car to put it in again.