The first tool to valorise EV batteries and boost their second life
TERA, a company from Alicante, takes a step forward in the sector by developing a technology capable of accurately assessing the value of EV batteries in the market.
Alicante, 14/02/2025. The rise of electric mobility has brought with it many environmental and technological benefits, but it has also opened the debate on the lifetime and degradation of electric vehicle (EV) batteries. It is only natural that the focus is on the traction batteries as they are the most costly and crucial component for their operation.
Over time and with use, these batteries undergo a degradation process that reduces their storage capacity and range. Factors such as temperature, charge and discharge cycles, as well as the type of vehicle use, influence how quickly a battery loses its efficiency and therefore its value.
As the electric vehicle fleet grows, so does the aftermarket. Standardised valuation of components and more specifically of batteries is key to the development and stability of this sector.
However, the lack of reliable information on the actual condition of a battery makes it difficult to value it correctly in the second-hand market. This affects both buyers and sellers of second-hand electric vehicles as well as repair centres, CATs (Authorised Vehicle Treatment Centres) and battery recycling companies.
In this context, the possibility of technological tools to provide an indicative battery value becomes an urgent necessity. Without a clear valuation criterion, the transition to electric mobility could face obstacles in terms of confidence and market stability.
Providing innovative solutions to redefine the market.
To address this challenge, the company TERA has taken a step forward in the sector by developing the first electric vehicle battery recovery tool.
After years of experience working with a wide range of lithium traction batteries from various manufacturers, the knowledge gained about their different states of degradation has enabled the company to develop a unique capability to accurately and accurately assess the value of batteries in the market.
This tool not only brings greater transparency to the industry, but also contributes to the standardisation of valuation criteria. By defining a benchmark value for the market, it becomes a key resource where accuracy and consistency in valuation is needed more than ever. It has been developed using advanced algorithms based on electrified vehicle type, date of manufacture, chemistry or battery model, among other variables, to instantly calculate and provide an estimated reference price.
‘The evolution of the electric vehicle market requires solutions that create confidence for both users and industry professionals. The valorisation tool reinforces our commitment to more accessible, efficient and sustainable electric mobility. We continue to drive solutions that shape the future of the industry,’ says David Santiago, founder and CEO of TERA.
TERA’s electric vehicle battery price calculator is now available. Through its website https://terabatteries.com/recuperacion-de-baterias/, interested parties can access this innovative tool and get a quick valuation of their battery.
Fostering the circular economy in electric mobility
This launch marks a milestone in the evolution of the electric vehicle aftermarket. By enabling an accessible assessment of batteries, TERA boosts the second life market for batteries, promoting the circular economy and reducing waste generation, thus consolidating its position as a benchmark in the decarbonisation process of the sector.
With initiatives like this, the industry is moving towards a future where transparency and efficiency are fundamental pillars in battery management. TERA’s recovery tool represents a solution that will undoubtedly contribute to the progress and consolidation of the electric vehicle market in the coming years.
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