Battery Life Concerns Puts A Damper On Used Electric Vehicle Sales
Concerns are being raised about the usable lifespan of EVs, with specialist companies reporting some cars reaching ‘end of life’ battery capacity after just eight years – and some hitting that point even sooner.
Silver Power Systems (SPS), a specialist in battery performance analysis whose software tracks and monitors battery data and health, says it has observed wide variations in performance, especially within fleets.
“Across even a single fleet, variations in battery health can be up to 10%,” said Pete Bishop, founder and chief technology officer at SPS. “Considering that in most commercial applications, 80% battery capacity is deemed to be end of life in operational terms, 10% degradation represents half a vehicle’s life.”