this post was submitted on 01 Aug 2023
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Have you ever been in a car accident and dealt with an insurance company? Not worth the time effort or $ according to them, and I'm taking conventional vehicles.
That doesn't seem relevant to my ask of clarity on the second point that doesn't involve accidents.
@Stochastic @cyberpunk007
Because the cost of replacing the batteries is more than the car is worth.
https://www.thedrive.com/guides-and-gear/these-replacement-battery-costs-for-these-six-normal-evs-is-staggeringly-high
But there's very low likelihood that a battery will need replacing within the first 20 years.
@Stochastic
Tesla warranties their batteries for eight years or 100,000 to 150,000 miles, depending on the model -- and calculates that their vehicles get scrapped after approximately 200,000 miles of usage in the U.S. and roughly 150,000 miles in Europe.
It costs approx $20k to replace out of warranty batteries for a Tesla.
Your 20 yr mark is optimistic at best, especially in places like Canada where our weather ranges are currently -40C to +40C.