The battery: 50% of your EV value
The value of an EV battery
An electric vehicle's battery represents up to 50% of your vehicle's value. It is a "financial" asset just like the rest of the electric vehicle, and it requires specific care.
Asset ownership
This asset may sit on the balance sheet of a leasing company, an OEM captive, a corporate, or be owned directly by an individual just like the electric vehicle itself.
Like the electric vehicle, the battery requires proper maintenance to preserve its financial value.
Battery lifespan and depreciation
The battery is an energy reserve and an asset with a finite lifespan. Once its charge cycles are exhausted or its recharge capacity falls below a certain threshold, it must be replaced, repurposed to a second life, or recycled.
Diagnosis and value
A reliable, independent battery state-of-health diagnosis is essential, especially before resale. Cara7 helps preserve and maximize the resale value of the battery and the electric vehicle.
