Why are electric vehicles so expensive?

One word: Batteries

This battery will give you an idea of how much it will cost.

It’s a rechargeable lithium ion cell…and quite larger than an AA.

It will cost $12 to buy 8 AA rechargeable lithium-ion batteries from Walmart.

So – $1.50 per AA cell.

It is easy to see that the Tesla cell, which is much bigger, costs $2.50…right?

A Tesla Model 3 battery pack has 4,000 of these cells.

….$10,000 should not be a surprise.

Each cell must then be monitored and heated or cooled according to the need. Finally, it is packed in fire retardant foam.

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