Toronto, Ontario — In a recent announcement, Altelium has revealed the development of a first of its kind independent battery health test and warranty service for used electric vehicle batteries.
The service, now available through a digital platform in both the UK and North America, is the result of work since 2018 to develop an independent way to predict the health and risk of batteries in order to provide extended warranties on them.
There are an estimated 2.13 million EVs on the road in the United States and many are looking toward resale now and to enter the used car market.
The opportunity to buy a second-hand BEV will now be an option for thousands of car buyers who felt that EV battery range and health couldn’t be trusted, or who wanted an extended warranty.
The test for battery range and health is conducted via Altelium’s proprietary platform which combines data modelling from multiple sources including real-world battery performance to assess the current and future health of the battery being tested.
Results of the test show the battery’s remaining capacity as well as how this compares to expected degradation for the same type of vehicle.
Ed Grimston, chief executive, Altelium, said: “Our independent battery health tests, certificates and warranties break down the barriers to buying BEVs. Battery anxiety inhibits the used EV market and this knocks on to the new EV market. By resolving this anxiety through an independent battery health test and certificate, combined with the peace of mind extended warranties give, we have unblocked this inhibitor to the EV transition.”
Dave Allmark, director of business at GardX which signed a deal to offer the Altelium battery health tests, certificates and warranties service through its EVerity innovation program for dealers said:
“Everybody benefits from these new products, the dealerships, the consumers, the environment. There have certainly been blocks in the road to electric adoption but now uncertainty about battery health and range for second hand vehicles no longer needs to be one of them.”
