Used electric vehicle batteries from early models like the Renault Zoe and Nissan Leaf are nearing the end of their warranty periods, creating a growing market for second-life applications. Industry analyst Circunomics predicts these aging batteries will be repurposed for vehicle use, grid energy storage, or recycling, as demand for new batteries remains steady. The oversupply of used batteries is expected to continue exerting downward pressure on prices across these sectors. This shift highlights the evolving economics of battery lifecycle management as the EV market matures.
As early Renault Zoes and Nissan Leafs age out of warranty, Circunomics says used batteries will split between vehicles, grid storage and recycling, while oversupply keeps pressure on prices.
