Mileage and age guide traditional car buyers while EVs prioritise battery range and charge.
LONDON: A race is on to certify battery health and performance in used electric vehicles, with a clutch of startups scrambling to help buyers figure out how much a secondhand EV is really worth.
One of them is Altelium, a UK startup that has a developed an EV battery state-of-health test and certificate launching this year in more than 7,000 US car dealers and over 5,000 UK dealers through dealer service providers including Assurant and GardX. Austrian startup Aviloo, which has developed a test for dealers and private individuals, has found that after 100,000km EV battery health can vary by up to 30%.
According to EV battery tracking startup Recurrent, US used EV prices in September were down 32% year-on-year, versus a 7% drop for fossil-fuel models. Driverama, which buys around 100,000 used cars in Germany annually for sale across central Europe, uses Aviloo to weed out EVs below 80% battery capacity or with battery defects, said chief operating officer Eldar Vagabov.For Michael Willvonseder, 38, an independent battery test was essential before spending €31,000 on a 2014 seven-seater Tesla Model S with 240,000 km on it.
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