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0 1.06157112526292E-05 0 -0.00135350318471324 -0.00159235668789796 -0.000530785562632591 -0.000530785562632591 -0.000530785562632591
Stock impact report

What happens when EV batteries go bad? We debunk the myths. [USA TODAY]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: USA TODAY
There's a lot to love about owning an EV. Electricity is cheaper than gas, and electric motors are more efficient, so EVs are less expensive to run, and with lower maintenance costs on balance, they're easier to operate in the long run. Studies even show that they're less stressful to drive than a car with a traditional internal combustion engine. Yet a lot of people seem to hate them. One of the most common bits of anti-EV rhetoric we constantly see shared on social media platforms and elsewhere is that their batteries can't be trusted. According to the experts on Facebook, they'll wear out in just a few years and leave you stuck with tens of thousands in replacement costs. This largely false narrative has proven effective. A recent study from GBK Collective concluded that battery replacement costs are the biggest concern among those considering the purchase of an EV or hybrid. But is that really something to be worried about? Is the battery in a new EV really as fragile as one Show less Read more
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