David Savage, Vice President for the UK and Ireland at Geotab, notes:

“With these higher levels of sustained health, batteries in the latest EV models will comfortably outlast the usable life of the vehicle and will likely not need to be replaced.”

Dispelling myths about EV battery reliability

Despite the improved data on EV battery health, concerns about battery reliability persist. However, Geotab’s findings suggest that a 1.8% annual decline in battery health is unlikely to affect most drivers’ daily needs significantly.

Savage adds, “People should feel confident that many current EVs are suitable and cost-effective to replace a range of light, medium and heavy-duty ICE vehicles.”

Geotab’s recent report, “Taking Charge: On the Road to an EV Future,” found that two-thirds of vehicles operated by private and public sector organisations in the UK are ready to transition to electric. The report indicates that fleets could save an average of £13,279 per vehicle over seven years by replacing ICE vehicles with EVs.