recell.store, the UK’s first online marketplace for used EV batteries and an Altilium company, recently announced the launch of the All Battery Index (ABI), the first dedicated benchmark index for the market value of end-of-life (EoL) electric vehicle battery packs.
As the EV revolution accelerates, so too does the volume of batteries reaching end-of-life. 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 Audi Q4 e-tron and the Polestar 2 recording the highest value, based on market data and recell.store’s proprietary grading and pricing framework.
The full index is available online at www.recell.store/abi-benchmark-index
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.
Dr Christian Marston, COO of Altilium, commented:
“The ABI is a key step toward unlocking the true value of used EV batteries and bringing structure to a fragmented and opaque market. We believe the ABI will become the go-to benchmark for battery reuse and recycling in the UK.”
Rod Savage, Head of Operations at recell.store, added:
“Our vision is to make end-of-life battery trading as transparent and efficient as trading any other commodity. ABI provides the pricing backbone for that ecosystem, helping participants navigate this emerging asset class with confidence.”
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.
ABI Grading System
Battery packs are classified into R Grades, providing a standardized quality benchmark for repurposers and recyclers.
Note: Battery listings with no available data on condition, chemistry, SOH, or SOC are defaulted to R1 status.
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.
About recell.store
recell.store is the UK’s first online marketplace for end-of-life EV batteries, connecting sellers and buyers in one dedicated platform.
As the transition to EVs accelerates, we’re helping to build a circular economy for spent batteries, ensuring these valuable resources find a new life beyond their original use.
Backed by UK clean technology group Altilium, a leading recycler of EV batteries, recell.store is able to leverage an extensive network of relationships with industry partners, including OEMs, salvage yards and insurance companies, providing access to an inventory of thousands of EV batteries across the UK.
For more information, go to www.recell.store
