How Much Does an Electric Car Battery Cost? (UK; 2024)

Unfortunately, an electric car battery replacement a very expensive job. This means, as of June 2024, the average cost for an electric car battery is £7,235.07 (estimated).

According to Statista, the average cost of a lithium-ion electric car battery in 2023 was $139 per kWh. This works out as £109.25 per kWh in the UK. While it is still expensive, it is much lower than in 2013 when the cost per kWh was $780 (£613.04).

How Much Does an EV Battery Cost?

The following figures are based on the average figure of £109.25 per kWh. We have only calculated the cost for the smallest available battery on the standard model of every car. All battery size figures correct as of July 2024 and are sourced from the manufacturer’s website.

Prices do not include removing the old battery or fitting the new one. This will mean your electric car battery replacement cost is higher.

Will Electric Vehicle Batteries Continue to Get Cheaper?

According to a report by Goldman Sach published in November 2023, battery prices are forecast to fall 40% by 2025, from 2022.

The analysts concluded that this would be down to declining prices of EV raw materials, such as lithium, nickel, and cobalt.

This would mean a battery would cost $99 per kilowatt hour, drastically reducing an electric car battery replacement cost.

How Can I Keep My Battery Replacement Cost Down Now?

Naturally, paying several thousand pounds for an electric car battery replacement isn’t ideal. While our figures quoted above give a good estimate of how much a battery costs, they are not official figures. They also don't include labour costs. This means your EV battery replacement cost will be even higher.

To keep the cost as low as possible, we recommend sticking to a strict service schedule and comparing deals when you need a battery replacement. That way, you keep your car in top condition and avoid unnecessary expenses.

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How Long Do Electric Car Batteries Last?

As we mentioned, you may never need to replace an electric car battery. Find out more about how long they last in this article.

Electric Car Service

If you own an electric car, you can find out more about your servicing requirements here. You can also book a service at a specialist electric car service centre near you.

How Much Does It Cost to Run an Electric Car? (Vs an ICE)

Maintaining an electric car battery is only one part of EV ownership. If you’re looking to buy an electric car, you need to know how much you will spend on insurance, servicing, road tax and charging. Find out more in this article.

Electric Car Battery Recycling

If you have an EV battery you need to recycle, find out how to do so here, along with the challenges that come along with it.