doozii
09-24

$Tesla Motors(TSLA)$

There is no solid evidence to support the claim that electric vehicle (EV) batteries need to be replaced every 10 to 20 years. In fact, studies indicate that the average degradation of these batteries is roughly 1% per year. This means that even after two decades, a well-maintained battery could retain more than 80% of its original range, assuming it hasn't been subjected to abuse. Moreover, it's likely that the other components of the vehicle would experience more significant wear and tear over that time than the battery itself. The notion that battery electric vehicle (BEV) batteries require replacement after just a decade is a misconception lacking factual basis. While there are indeed a few defective batteries in existence, these instances are exceptions rather than the rule, reinforcing the overall reliability of EV batteries.

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