Power Battery Repair Trapped in "Sky-High" Conundrum: Can a Replacement Battery Be More Expensive Than Buying a New Car?

By Huang Xinxin, Special Correspondent of Every Day Economic News; Edited by Pei Jianru

"The used car's residual value is 160,000 yuan, while the replacement battery costs 220,000 yuan!" As new energy vehicles continue to gain popularity, situations where a replacement battery is more expensive than buying a new car are becoming increasingly common.

According to a research report released by Zhongbao Research Institute, among 59 pure electric vehicle models, the average repair rate of power batteries is 50.96%. In post-sale maintenance, replacing the power battery pack of a 20,000 yuan new energy vehicle can cost over 10,000 yuan.

"Power batteries account for 40% to 50% of the total value of a car, making them a critical component in post-sale services, insurance claims, and technical maintenance. Therefore, attention is focused on this aspect." Wang Hao, founder of Kepa Automobile Consulting Service (Qingdao), explained the importance of power battery repair "prices" to Every Day Economic News.