How much does it cost to replace an EV battery?

Out-of-warranty EV battery replacement is expensive, typically ranging from $5,000 to $20,000 depending on the vehicle and battery size. This is one of the primary concerns about long-term EV ownership. However, battery replacement is rarely needed within 8 to 10 years for most drivers. The typical 8-year battery warranty covers most early ownership periods, and leasing eliminates the concern entirely.