With their low energy consumption, reduced wastage and versability for reusing and recycling, electric vehicle (EV) batteries are becoming more popular as the world shifts towards cleaner energy sources. Here are some quick facts about EV batteries.

Go green
Electric vehicles, also referred to as battery electric vehicles (BEVs), run on an electric motor instead of an internal combustion engine (traditional vehicles) using what is essentially a large battery pack.

This pack runs on lithium-ion batteries instead of the usual petrol fuel or diesel, which requires recharging through specialised charging equipment. Since it runs on electricity, there are no exhaust emissions and lower carbon emissions, thus pumping less harm into the environment, making it a friendlier choice for Mother Earth.

Going the distance

Electric vehicle technology has come a long way, and this is no less with their batteries.

Most manufacturers in the industry have designed their electric vehicles with battery degeneration in mind, so drivers will never be stranded and companies such as Tesla and Nissan even go the extra mile to include EV batteries in their warranties to guarantee the lifespan of their product⁴.

Outside of purchase warranties, it’s also possible to cover your EV battery in your car insurance for extra peace of mind when it comes to damaged batteries.

Singlife protects not just your battery, but its charging cable as well – choose between our Prestige plan for unlimited cable coverage if it’s lost, stolen or damaged or get covered for up to S$500 under our Standard Plan.

Battery Safety

Outside of lifespan, safety is always cause for concern.

However, recorded cases of electric vehicle mishaps are mostly due to accidents and not battery faults, and while EV batteries may get warm from use or lose power faster when they eventually degenerate with time and use, manufacturers have spared no expense to keep drivers safe through battery management software and rigorous testing.

Peace of Mind

If an EV battery does require replacing, it helps that most manufacturers offer warranties which cover such a service³. Of course, this depends on the make and manufacturer limitations based on the clocked mileage, so it’s worth checking the fine print.

It is also important to ensure your provider can be there for you with 24/7 break-down assistance, as with the Standard or Prestige plans from Singlife Car Insurance.

Reuse, Reduce and Repurpose

Ever wondered what happens when your EV batteries finally come to the end of their lifespan?

Often returned to the very factories which produced them, your retired EV batteries are reused by the energy cycle, with some repurposed so they can continue to power homes or businesses. Nissan and Toyota for example¹, repurpose their batteries into back-up generators to supply power for the likes of entertainment venues or convenience stores².

There’s no denying that electric vehicles have a bright future in an increasingly eco-conscious world, but it’s necessary to pay homage and attention to the aspects designed to keep them running. Keep yourself and your earth-friendly ride covered with one of the best best insurance plans and read more about Singlife Car Insurance for electric cars today.

^{Notes
1.  Source: Bloomberg, Where 3 Million Electric Vehicle Batteries Will Go When They Retire, accessed on 31 October 2022.}

^{2. Source: Nissan Insider, Second life LEAF batteries to power Amsterdam ArenA, accessed 31 October 2022.}

^{3. Source: Tesla, Vehicle Warranty, accessed 2 October 2022.}

^{4. Source: Motor Biscuit, Nissan Will Replace Your Leaf’s Battery With a Warranty Under a Certain Percentage, Accessed 10 March 2023.}

^Disclaimer

^{Terms and conditions apply. This product is underwritten by Singapore Life Ltd. This article is published for general information only. Protected up to specified limits by SDIC. Information is accurate as at 4 April 2023.}