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15 May 2020 8:30 am

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Maintenance and Annual Expenses of Electric Vehicles

Auto service, repair, maintenance concept. Mechanic checks the car at the service station. Service maintenance of industrial to engine repair.

Unlike traditional internal combustion engine (ICE) vehicles that rely on dozens of moving parts in their engines, electric vehicles function primarily with their battery, electric motor, and inverter, which significantly cuts down the potential points of failure. With fewer moving parts and simplified systems, EVs often lead to reduced upkeep and cost savings over time. Here’s what EV owners can anticipate:

 

1. Lower Maintenance Requirements

EVs eliminate the need for oil changes, spark plug replacements, and exhaust system repairs due to their simpler mechanical design. This reduction in components leads to fewer potential failures and less frequent maintenance visits. Studies indicate that EV owners experience approximately 40% lower maintenance costs compared to ICE vehicle owners, primarily due to:

  • Elimination of oil changes and complex engine repairs
  • Extended brake pad life from regenerative braking
  • Simplified routine maintenance

 

2. Common EV Maintenance Tasks

While EVs require less maintenance, certain areas still need regular attention:

  • Tire Wear and Replacement: The additional weight from EV batteries can lead to increased tire wear. Some manufacturers offer EV-specific tires designed to handle this extra weight and enhance efficiency. Investing in these specialized tires can reduce wear and improve performance.
  • Brake Inspections: EVs utilize regenerative braking, which converts kinetic energy back into electricity, reducing reliance on traditional braking systems. This process extends the lifespan of brake pads, often resulting in longer intervals between replacements.
  • Battery Health Checks: During regular service visits, technicians may check battery health to ensure optimal performance and longevity. Battery health is a significant consideration for long-term EV ownership.

 

3. Battery Life and Replacement Costs

Modern EV batteries are engineered to last over 200,000 kilometers, with manufacturers typically offering warranties covering 8 years or 160,000 kilometers. Advancements in battery technology have made replacements increasingly rare. Data shows that EV batteries degrade at an average rate of 1.5% per year, meaning a battery would retain over 80% of its capacity after 12 years.

While battery replacement is infrequent, it may become necessary if capacity diminishes below acceptable levels or due to unforeseen failures. If needed, replacement costs vary by vehicle model and battery size, ranging from around $7,500 CAD for smaller batteries to over $25,000 CAD for larger ones.

 

4. Tips for Minimizing EV Maintenance Costs

  • Monitor Tire Pressure and Alignment: Proper inflation and alignment extend tire life and improve efficiency.
  • Use Regenerative Braking Wisely: Adjusting regenerative braking settings (where available) can maximize brake pad life.
  • Adopt Optimal Charging Practices: Avoid charging to 100% frequently; staying between 20-80% can extend battery life.
  • Invest in EV-Specific Tires: These are designed to handle the additional weight of EVs, reducing wear.

 

By adhering to these practices, EV owners can enhance the cost-saving benefits and longevity of their vehicles, making EVs a practical and sustainable choice for long-term ownership.

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