The afterlife of an electric vehicle’s battery

Geek on record
DataDrivenInvestor
Published in
5 min readMar 7, 2022

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The electrification of the car industry is still in its baby years, and yet we should already be thinking of what will happen in a few years, when millions of electric vehicles (EVs) start getting retired.

In 2021, EV sales more than doubled to 6.6 million, representing close to 9% of the global car market and more than tripling their market share from two years earlier [ 1]. Assuming that the average lifespan of an EV battery pack is 10 to 15 years, we will soon start seeing the first electric cars getting retired.

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