EV batteries prices collapsing

[Anonymous]

Anonymous wrote:This is great news. Cost is a major reason we chose to go with an ICE car when we bought two years ago.

The other reason though is still an issue: we currently spend a decent part of the winter in cold weather locations as both our extended families live in areas with harsh winters. Electric vehicles are less reliable and have shorter ranges when the temperatures drop below freezing. This is why most of our family have also not switched to EVs.

I think presently our plan is to maybe get an EV as a second vehicle or to look at hybrids more closely. But I'd love to see development around reliability of car batteries in colder weather.

Just saw a study that current EV batteries are now projected to last 20-25 year with less than a 20% reduction in range. Manufacturers are warranty the battery for 15 year now on to help the resale market.

Though who is keeping a car for 20-25 years?

[Anonymous]

Just bought a use 2023 EV from dealer. They certified the car.

So we got a 2023 EV with low mileage with full warranty extended for one more year. The warranty now goes through 2028. Battery is guaranteed for 8 years. No mileage limit.

[Anonymous]

Anonymous wrote:New lithium phosphate batteries to react and burn like older lithium ion batteries.

Statistically EV battery fires occur less often than ICE fires, but EV fires can be much harder to put out. There was a Tesla semi truck battery fire recently that took 50,000 gallons of water to put out.

Why would you put water on lithium? Any exposed lithium would catch fire.