As the transition to EVs accelerates, so too does the volume of batteries reaching their end-of-life, but until now there has been no standardised or transparent reference point for the value of these batteries for second life use or recycling.
The ABI fills this gap, offering investors, recyclers, fleet operators, insurers and OEMs a credible and data-driven view of the UK’s dynamic battery recycling market.
The first monthly ABI for May 2025 covers the 15 top-selling EV models in the UK, with the Audio Q4 e-tron and the Polestar 2 recording the highest value, based on market data and recell.store’s proprietary grading and pricing framework.
Published every month on recell.store, the ABI provides a robust and transparent price benchmark for participants across the EV battery value chain seeking to assess fair market value of used battery packs on a consistent basis.
By introducing greater transparency into the EoL battery market, the launch of the index will accelerate the growth of a circular economy for critical battery minerals in the UK and support the transition to a clean transport future.
“The ABI is a key step toward unlocking the true value of used EV batteries and bringing structure to a fragmented and opaque market” said Dr Christian Marston, COO of Altilium. “We believe the ABI will become the go-to benchmark for battery reuse and recycling in the UK.”
Built on real-time market data and adjusted using recell.store’s proprietary grading and pricing framework, the ABI ensures market participants can reference an independent, structured valuation model that includes key physical and economic parameters relevant to second-life use and recycling. This includes such factors as remaining capacity, pack size, estimated recoverable metal value, recyclability and repurposing suitability.
“Our vision is to make end-of-life battery trading as transparent and efficient as trading any other commodity” added Rod Savage, Head of Operations at recell.store. “ABI provides the pricing backbone for that ecosystem, helping participants navigate this emerging asset class with confidence.”
The index is the latest addition to the recell.store offering, which includes an extensive inventory of EV batteries packs available to purchase for reuse and recycling in the UK.
Building on Altilium’s extensive relationships with vehicle dismantlers, automotive OEMs and insurance companies, the online platform offers businesses a safe and efficient solution for buying and selling spent EV batteries.
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