Replacing an EV battery becoming cheaper than fixing dead ICE?

Joris Van Roy

November 26, 2024

Imagine you could replace the battery of your ‘old’ BMW i7 after 15 years by a brand new one for less than €4,700, that would change people’s perception on EVs /BMW

By 2030, replacing an electric car's battery might be cheaper and easier than replacing a dying classic combustion engine (ICE). At least, that's what a new study of evolving battery prices by American startup Recurrent Motors Inc. shows. Using data from global investment banking and asset manage
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