I was looking up prices for lithium iron phosphate cells on the internet because I have given serious consideration to building a home made electric bike. At about 18 bucks per 2.3 amp hour 3.3 volt cell, which weighs 70 grams, it would cost me about $77,000 to buy the approximately 300 kg of cells used in a Nissan L.E.A.F.
Of course, if I bought that high a quantity, I most certainly would be able to get a wholesale deal on them but still, it is apparent that both Chevy and Nissan are probably selling these cars at a loss.
If the car was much cheaper, someone would buy the car just so they can remove and resell its batteries for a profit.
When those batteries reach the end of their life, the Chevy Volt will most likely be “not worth repairing”.