CA Personal Finance & Mobility has partnered with Bib Batteries, a start-up specialising in the sustainable management of electric vehicle batteries, to publish an original white paper entitled “Why is State of Health the new mileage”.
The state of health (SoH) of electric vehicle batteries has become a central issue in the electric mobility ecosystem. In this emerging and fast-evolving market, understanding a battery’s actual performance is essential in order to assess, finance, use and resell an electric vehicle with confidence.
By contributing to the publication of Bib Batteries’ white paper, CA Personal Finance & Mobility reaffirms its commitment to more sustainable mobility and its ambition to be a leader in electric mobility in Europe.
By highlighting the importance of SoH, the white paper “Why is State of Health the new mileage” explains how a detailed understanding of electric vehicle battery health helps to:
Battery state of health is now emerging as an essential indicator to support the necessary transition towards electric vehicles.
Bib Batteries’ white paper provides a clear and well-documented overview of battery ageing mechanisms — a major challenge for the entire value chain, including manufacturers, dealerships, financing players, fleet managers and end users.
Based on real-world data, the white paper helps to improve understanding of battery lifespan, strengthen confidence in electric mobility, increase market transparency and support the development of sustainable and accessible mobility.
Data collected from more than 6,000 electric vehicles shows that batteries age more slowly than expected.
On average, the observed loss is only around 1 SoH point per year, allowing a battery to retain approximately 92% of its state of health after eight years of use.
Unlike internal combustion engines, the wear of an electric vehicle is not directly linked to the number of miles driven.
Battery SoH levels vary depending on charging habits, climatic conditions, storage environment and daily usage.
As a result, SoH has become the most reliable indicator for measuring the real performance of an electric vehicle.
For financing professionals, battery state of health now plays a central role in:
SoH therefore facilitates purchase, trade-in and financing decisions for both private individuals and professionals.
Download the white paper