oilerlord said:
this discovery is a deal breaker
Something to consider is what price are you willing to pay to fix 8+ year old EV? At that time, there will be lots of 200+ miles range EV, both new and used. In addition, there will be lots of similar age Elantras and Corollas at about $5000. Using that as my maximum "repair bill", I assumed any repair that cost more will result in car being junked. Going into SparkEV after Prius battery died (ie, junked), I assumed that it'd be junk after 10 years, which was my first blog post.
http://sparkev.blogspot.com/2015/05/first-of-all.html
Now if it can be fixed for $5000, that's all the better, though I'm not sure if I'll actually do it. Given that it's rare first EV by GM (no one could own EV1), and 0-60 is quicker than anything in its class, I might actually do it if the price is in that range; it'd be like fixing a classic / collector's car.
That price might be a possibility with 2015 (may or may not be able to use Volt batteries, no guarantee), but I don't know about 2014's A123. Unless Chevy makes special mod for 2014 model, I don't see the price going down. I don't see Chevy making special mod to use LG batteries; they probably rather have you pay for "new" car. You may be able to find "rebuilt" or "junk car" batteries, but based on my Prius experience, that will be sketchy at best. Again, how much would you pay to fix a 10+ year old car?
Looking at other EV like Leaf, etc. Their batteries may be cheaper, but they will also be competing against 200+ miles range EV. Would you spend $6000 to fix 10 year old EV that gets 1/3 the range, especially one that's as slow as Leaf? Even at $3000, I probably wouldn't for something so common and low performing.
As for Volt, it suffers from same problem as Prius; it's another slow hybrid, very common, new battery will cost much more than comparable used car (or 3.25 years of new SparkEV lease in my case), and most importantly, you also have to worry about 10+ year old gas engine. Often the claim is that gas engine isn't used much, but the belts, etc. still age; old is old (very insightful, no? ;-) ) Unlike Volt, SparkEV has the distinction in being rare first GM EV and quick performance.
I just saw Bryce post; Prius battery was about $12K back in 2002, now they are $2500 parts + $1000 labor (new from factory). While we can't know if that will also reflect SparkEV, I suspect the price may go down, especially for LG battery. Bryce also has a point about Chevy needing to dump old stock, but if the A123 stock is gone, it's gone whereas there could be far more LG available (again, assuming Volt cells can be used). As for rebuild, my experience with Prius was sketchy; I don't know if I'd trust them to have correctly matched the cells.
It's all a risk with today's EV. It's best is to assume junk car after warranty expires, anything more is just unexpected bonus. Today's EV are like computers.