The Battery: 50% of the EV's Value
The Value of the
EV Battery
The battery of an electric vehicle makes up to 50% of the vehicle's value. It is a "financial" asset, just like the vehicle itself, and requires proper care.
Asset
Ownership
This asset can be owned by a leasing company, an OEM’s finance company, a business, or an individual. Like the EV, the battery needs proper care to maintain its financial value.
Battery Lifespan and
Depreciation
The battery is an energy reserve and an asset with a limited lifespan. Once its charge cycles are exceeded, or recharge capacity drops below a certain point, it must be replaced or repurposed for secondary uses or recycling.
Diagnostics
and Value
A reliable, independent diagnosis of the battery’s condition is crucial, especially before resale. Cara7 helps preserve and maximize the resale value of the battery and EV.