About a dozen electric cars are to be offered at the 'Auto Expo' to be held in India in 2020. It is known today that some things related to their batteries, these batteries are very expensive. About 40% of the price of these cars goes into the account of these batteries. The good thing is that in the world market, the prices of lithium-ion batteries have been falling continuously since 2010. Today, it is being sold at 85% lower price than in 2010. This decline will continue even further and by the time the car comes to you, it will be much cheaper than today.
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These batteries are warranted. Each company is currently giving different term warranties. Some companies are even offering warranties of up to 7 years for these batteries in their cars. For example, MG is also believed to offer the same warranty for its first electric car battery in India. Some of the batteries in these cars can be recycled. The common belief for Lithium is that this element is very difficult to find on Earth, but it is not so. However, lithium is not spent in these batteries, it can be easily recovered and used to make new batteries.
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If the battery is rated for 1000 charge cycles, it means full charge cycles from a full charge. Older batteries of these cars can be easily used in power backup systems of homes. These are also possible in installations and in inverters. By connecting it to the solar field, a temporary arrangement of energy storage can be made in it. People are using these cars abroad and surveys conducted on it show that they have enough concerns about the life of these batteries. Reports said that the battery lifespan is reduced by 30% when it runs about 3 lakh kilometers.
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