Electric and hybrid car batteries.

The electricity to drive an electric car is stored in a battery in the car, and a hybrid car uses a battery in conjunction with a ‘normal’ petrol or diesel engine. With a conventional car, you don’t have to worry about paying extra for the engine, but when it comes to an electric or hybrid car, you either have to buy or lease the battery. There are currently three classes of vehicles that are operated either fully or in part via electric power. They include hybrid, plug-in hybrid, and full-electric cars. Each offers its own set of advantages and disadvantages.

Leasing a battery:

Some car manufacturers that offer electric cars also offer battery leasing schemes. The cost will vary depending on how many miles you drive a year, and how long the lease will run for, but you should expect to pay around a minium month. In most cases, you will have to lease the battery for the same amount of time you own the car for.  Leasing a battery means that you won’t have to worry about replacing it when it reaches the end of its life, or if there are any faults.

Buying a battery:

When it comes to buying an electric car, you can also buy the battery. With some models – like the BMW i3 or Tesla range – the battery comes with the car anyway, and there is no option to lease. If you want to buy the battery to power your EV, it will mean that you won’t have to pay the monthly lease fee. You also won’t have to stick to a mileage limit like you will if you choose to lease. However, if the battery needs replacing after the warranty is up, or if there’s a fault, the cost of a new one is lots.

Batteries in used cars:

When it comes to buying a used electric car, you’ll either have to factor in the cost of leasing the battery on top of the price of purchasing the car, or you’ll have to think about the one that comes with the car.  If the car is a few years old, there may be concerns about how well the battery will keep its charge. And if you have to replace a battery, it could cost you a lot of money.  If the car has been driven regularly, and the battery has been fully charged and discharged a lot, that will help to maintain its condition. However, if the car been charged a lot using a rapid charger, that will shorten its life.  EVs currently don’t hold their value particularly well, so although buying the car might be relatively affordable, if you have to replace the battery, it could end up costing you more than the car. However, most EVs do come with a separate battery warranty, which will likely be longer than the car’s warranty. The batteries will have at least a five-year warranty, with most having eight years, so that should offer some peace of mind. 

Batteries in hybrid cars:

It’s unlikely that you’ll ever have to replace the battery in a hybrid car, as they’re developed to be a ‘life-of-the-car’ component and should last for more than 100,000 miles. For example, Toyota offers the same five-year/100,000-mile warranty on the battery as it does for the rest of the car, with the option to extend if you have an annual ‘hybrid health check’. However, if you do have to replace your hybrid battery outside of the warranty, it can cost several thousand. 

ELECTRICS:

Full electric vehicles (EVs) produce zero emissions and typically cost less to operate than a gas-powered vehicle. They tend to be peppy performers since an electric motor delivers 100 percent of its available torque instantly. But an EV’s operating range is limited and it must be kept charged via an electric outlet at home or a public EV charging station to keep running. Once the battery is drained the car will stop running. That precludes their use for long-distance road trips unless one plans a route specifically around where public chargers are located. Most EVs can run from between 100 and 125 miles with a fully charged battery pack, which is sufficient for the average commute.

The Tesla Model S is the winner in this regard with a maximum estimated 335 miles on a charge. Meanwhile, the tiny two-seat Smart ForTwo Electric Drive is rated at a far shorter 59 miles. And be aware that a number of factors can adversely affect an EV’s range, including driving at higher speeds, operating in cold weather, and running accessories like the heater or air conditioning. EVs are more expensive than either comparable hybrids or PHEVs. As an example, the Ford Focus Electric is priced over  than the base gas-powered version. 

However, the federal tax break phases out once an automaker sells 200,000 EVs, Since Tesla has already sold that many electric cars, its incentive will drop to $3,750 for models sold between January 1 and June 30, 2019. General Motors is likewise expected to reach 200,000 EV sales threshold later in 2019. But EVs can pay back buyers in terms of their economical operation. On average, the Environmental Protection Agency says the 2018 crop of EVs will cost an owner between rupees and lakhs in electricity to drive 15,000 miles annually, depending on the model. EVs can also be cheaper to maintain than a given gas-powered ride because they eliminate over two-dozen mechanical components that would normally require periodic service. These include oil changes, cooling system flushes, transmission servicing and replacing the air filter, spark plugs and drive belts.


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