Geely boss warns of EV battery lifespan crisis: “direct pack replacement is too expensive”
4 Articles
4 Articles
The president of the Geely Holding Group warned that battery degradation can make the electric cars still usable economically impossible, as the Chinese car park ages. The alert was made at the World Internet Conference of 2026, on November 5, in Wuzhen, where Eric Li spoke alongside William [...]
Geely's top executive warns of growing problems with older electric cars. The batteries risk wearing out long before the car is ready for scrap. Replacing the entire battery can be so expensive that the repair is not worthwhile. Li Shufu is the founder and chairman of Geely, the Chinese car giant that owns Volvo Cars, Polestar and Zeekr, among others. […]
The president of Geely warns of a problem that could affect millions of electric cars as the car park ages; the high replacement costs and difficulties in repairing certain batteries threaten the profitability of the models used; the collaboration between Geely and NIO seeks new solutions to prolong its service life. The passage of time, the km, and successive studies, has shown that the batteries of the electric cars are much more durable and r…
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