Automotive
How Much Do EV Batteries Cost?
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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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