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Fair Market Valuation of EV Batteries in the Circular EconomyTransitioning to clean energy transportation services: Life-cycle cost analysis for vehicle fleets

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PI: Stefan Reichelstein (Graduate School of Business)
Co-PI: Stephen Comello (Graduate School of Business)

This project will develop a valuation model and warranty pricing approach for used BEV batteries deployed in 2nd-life stationary storage applications, based on lifecycle cost, pack performance degradation profile and degradation profile prediction error. We will investigate degradation behaviors using high throughput testing and quantify uncertainties in 2nd life performance using advanced data-driven diagnostics. We will provide a techno-economic assessment of alternative repurposing strategies, thus identifying the potential for EV pack reuse and target re-application.