Filed under: EV/Plug-in, Green Daily
Plug-in vehicle proponent are confident that whatever up-front cost premium a plug-in vehicle might demand, a lot of the extra dough will be recoupable after the vehicle has reached the end of its life. Whether it’s to simply recycle the lithium or to repurpose the batteries for stationary energy storage, there are plenty of ideas on how to re-use that pricey pack.
How much, exactly, will those batteries be worth? UK research firm CAP, which bills itself as “the premier provider of used and future residual values data,” among other things, says that there is too much uncertainty about electric vehicles in general and that “reliable future residual value forecasting is currently impossible.” A few examples from CAPs press release:
- One of the major issues is that battery replacement costs threaten to render commercial electric vehicles in particular worthless after warranties expire.
- With some battery replacement costs mooted to approach the £10,000 mark it currently seems unlikely that a high mileage commercial vehicle in particular approaching the end of its warranty period will have any residual value at all.
To try and understand what an electric vehicle (EV) might be worth after being on the road for a few years, CAP is conducting a major review of EVs and will announce the results “as soon as sufficient reliable information is available.”
[Source: CAP via Earth2Tech]
The future is uncertain: CAP says residual values of electric cars are up in the air originally appeared on Autoblog Green on Sat, 20 Feb 2010 13:01:00 EST. Please see our terms for use of feeds.
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