ANALYSIS: Cost of EV Battery Replacement May Come as a Shock

It’s been said that an EV is its battery and then everything else.

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ANALYSIS: Cost of EV Battery Replacement May Come as a Shock — A charging port is seen on a Mercedes Benz EQC 400 4Matic EV at the Canadian International AutoShow in Toronto in a file photo. Mark Blinch/Reuters

12/19/2023Updated: 12/20/2023

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It’s been said that an electric vehicle (EV) is its battery and then everything else.

As Ottawa mandates selling EVs, and with an increasing number of offerings for consumers, the potentially major issue of battery replacement remains uncertain.

Rahul Vaidyanath

Journalist

Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.