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Europe Second Life EV Battery Market Size, Share & Industry Analysis Report By End Use (Commercial & Industrial (C&I), Utilities and Residential), By Application (Power Backup/UPS, Renewable Energy Storage, EV Charging Stations and Grid-Scale ESS & Others

Published Nov 04, 2025
Length 157 Pages
SKU # KBV20576026

Description

The Europe Second Life EV Battery Market would witness market growth of 42.1% CAGR during the forecast period (2025-2032).

The Germany market dominated the Europe Second Life EV Battery Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,558.5 million by 2032. The UK market is experiencing a CAGR of 40.4% during (2025 - 2032). Additionally, The France market would exhibit a CAGR of 43.4% during (2025 - 2032). The Germany and UK led the Europe Second Life EV Battery Market by Country with a market share of 28.5% and 14.7% in 2024. The Spain market is expected to witness a CAGR of 44.7% during throughout the forecast period.

The growing trend in Europe toward electric vehicles and renewable energy is giving second-life EV batteries a lot of energy. The European Commission's circular economy policies and the new EU Battery Regulation (2023/1542) are helping the region move from pilot projects to commercial use of repurposed EV batteries for stationary energy storage. Battery2Life and RECIRCULATE are two programs that are helping to standardize the processes for reusing batteries. At the same time, OEMs and energy-storage companies are working together to make batteries last longer than just when they are in vehicles. Companies like Voltfang in Germany are building big factories to fix batteries, which shows how this industry is becoming more industrialized. The government's focus on battery traceability, reuse, and lifecycle management is bringing together OEMs, recyclers, and system integrators into a single ecosystem. This makes reuse a viable economic and environmental strategy.

European companies are focusing on full lifecycle management, ecosystem partnerships, and cost-effective deployment models for second-life batteries as part of their overall strategy. OEMs are making packs that are modular and easy to service so that they can be reused. Partnerships in testing, diagnostics, and integration make sure that batteries are always available for grid or industrial use. Using EU money from programs like Horizon Europe can help reduce the risks of early-stage businesses and make demonstration projects bigger. OEMs, repurposers, and specialist firms are all competing more fiercely, and success depends on having access to batteries, being ready for certification, and being efficient with logistics. Europe is becoming a world leader in deploying large-scale second-life EV batteries in a way that is good for the environment. This is happening as the number of EV retirements rises and circular-economy rules become stricter.

Application Outlook

Based on Application, the market is segmented into Power Backup/UPS, Renewable Energy Storage, EV Charging Stations and Grid-Scale ESS & Others. Among various Germany Second Life EV Battery Market by Application; The Power Backup/UPS market achieved a market size of USD $56 Million in 2024 and is expected to grow at a CAGR of 40 % during the forecast period. The EV Charging Stations market is predicted to experience a CAGR of 41.9% throughout the forecast period from (2025 - 2032).

End Use Outlook

Based on End Use, the market is segmented into Commercial & Industrial (C&I), Utilities and Residential. The Commercial & Industrial (C&I) market segment dominated the UK Second Life EV Battery Market by End Use is expected to grow at a CAGR of 39.8 % during the forecast period thereby continuing its dominance until 2032. Also, The Residential market is anticipated to grow as a CAGR of 41.4 % during the forecast period during (2025 - 2032).

Country Outlook

Germany’s second-life EV battery market is gaining momentum, driven by its strong automotive industry, expanding EV fleet, and supportive regulatory environment. With around 1.4 million BEVs registered in 2024, the country has a growing supply of used batteries suitable for reuse in stationary energy storage. Publicly funded initiatives like Second Life Batteries GmbH and The Battery Lifecycle Company GmbH are piloting repurposing projects, while the new Battery Implementation Act (BattDG), aligned with EU Regulation 2023/1542, strengthens take-back obligations and lifecycle management. Demand for flexible storage to support renewables further boosts the market, though challenges around safety, standardization, and economic viability remain. Backed by OEM participation and policy support, Germany is well-positioned to emerge as a European leader in circular battery reuse, transitioning from pilot projects toward commercial-scale second-life applications.

List of Key Companies Profiled
  • Nissan Chemical Corporation
  • BYD Company Ltd.
  • LG Chem Ltd. (LG Corporation)
  • Samsung Electronics Co., Ltd. (Samsung Group)
  • Tesla, Inc.
  • BMW AG
  • Volvo Group
  • Mitsubishi Electric Corporation
  • Mercedes-Benz Group AG
  • Hyundai Motor Company
Europe Second Life EV Battery Market Report Segmentation

By End Use
  • Commercial & Industrial (C&I)
  • Utilities
  • Residential
By Application
  • Power Backup/UPS
  • Renewable Energy Storage
  • EV Charging Stations
  • Grid-Scale ESS & Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

157 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Second Life EV Battery Market, by End Use
1.4.2 Europe Second Life EV Battery Market, by Application
1.4.3 Europe Second Life EV Battery Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario 
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Market Trends – Europe Second Life EV Battery Market
Chapter 5. State of Competition – Europe Second Life EV Battery Market
Chapter 6. Value Chain Analysis of Second Life EV Battery Market
Chapter 7. Competition Analysis – Global
7.1 Market Share Analysis, 2024
7.2 Recent Strategies Deployed in Second Life EV Battery Market
7.3 Porter Five Forces Analysis
Chapter 8. Product Life Cycle – Second Life EV Battery Market
Chapter 9. Market Consolidation – Second Life EV Battery Market
Chapter 10. Key Customer Criteria – Second Life EV Battery Market
Chapter 11. Europe Second Life EV Battery Market by End Use
11.1 Europe Commercial & Industrial (C&I) Market by Country
11.2 Europe Utilities Market by Country
11.3 Europe Residential Market by Country
Chapter 12. Europe Second Life EV Battery Market by Application
12.1 Europe Power Backup/UPS Market by Country
12.2 Europe Renewable Energy Storage Market by Country
12.3 Europe EV Charging Stations Market by Country
12.4 Europe Grid-Scale ESS & Others Market by Country
Chapter 13. Europe Second Life EV Battery Market by Country
13.1 Germany Second Life EV Battery Market
13.1.1 Germany Second Life EV Battery Market by End Use
13.1.2 Germany Second Life EV Battery Market by Application
13.2 UK Second Life EV Battery Market
13.2.1 UK Second Life EV Battery Market by End Use
13.2.2 UK Second Life EV Battery Market by Application
13.3 France Second Life EV Battery Market
13.3.1 France Second Life EV Battery Market by End Use
13.3.2 France Second Life EV Battery Market by Application
13.4 Russia Second Life EV Battery Market
13.4.1 Russia Second Life EV Battery Market by End Use
13.4.2 Russia Second Life EV Battery Market by Application
13.5 Spain Second Life EV Battery Market
13.5.1 Spain Second Life EV Battery Market by End Use
13.5.2 Spain Second Life EV Battery Market by Application
13.6 Italy Second Life EV Battery Market
13.6.1 Italy Second Life EV Battery Market by End Use
13.6.2 Italy Second Life EV Battery Market by Application
13.7 Rest of Europe Second Life EV Battery Market
13.7.1 Rest of Europe Second Life EV Battery Market by End Use
13.7.2 Rest of Europe Second Life EV Battery Market by Application
Chapter 14. Company Profiles
14.1 Nissan Chemical Corporation
14.1.1 Company Overview
14.1.2 Financial Analysis
14.1.3 Segmental and Regional Analysis
14.1.1 SWOT Analysis
14.2 BYD Company Ltd.
14.2.1 Company Overview
14.2.2 Financial Analysis
14.2.3 Regional Analysis
14.2.4 Research & Development Expenses
14.2.5 Recent strategies and developments:
14.2.5.1 Product Launches and Product Expansions:
14.3 LG Chem Ltd. (LG Corporation)
14.3.1 Company Overview
14.3.2 Financial Analysis
14.3.3 Regional Analysis
14.3.4 Research & Development Expense
14.3.5 SWOT Analysis
14.4 Samsung Electronics Co., Ltd. (Samsung Group)
14.4.1 Company Overview
14.4.2 Financial Analysis
14.4.3 Segmental and Regional Analysis
14.4.4 Research & Development Expenses
14.4.5 SWOT Analysis
14.5 Tesla, Inc.
14.5.1 Company Overview
14.5.2 Financial Analysis
14.5.3 Segmental and Regional Analysis
14.5.4 Research & Development Expense
14.5.5 SWOT Analysis
14.6 BMW AG
14.6.1 Company Overview
14.6.2 Financial Analysis
14.6.3 Segmental and Regional Analysis
14.6.4 Research & Development Expenses
14.6.5 SWOT Analysis
14.7 Volvo Group
14.7.1 Company Overview
14.7.2 Financial Analysis
14.7.3 Segmental and Regional Analysis
14.7.4 Research & Development Expense
14.7.5 Recent strategies and developments:
14.7.5.1 Partnerships, Collaborations, and Agreements:
14.7.1 SWOT Analysis
14.8 Mitsubishi Electric Corporation
14.8.1 Company Overview
14.8.2 Financial Analysis
14.8.3 Segmental and Regional Analysis
14.8.4 Research & Development Expense
14.8.5 SWOT Analysis
14.9 Mercedes-Benz Group AG
14.9.1 Company Overview
14.9.2 Financial Analysis
14.9.3 Segmental and Regional Analysis
14.9.4 Research & Development Expense
14.9.5 Recent strategies and developments:
14.9.5.1 Partnerships, Collaborations, and Agreements:
14.9.5.2 Geographical Expansions:
14.9.6 SWOT Analysis
14.10. Hyundai Motor Company
14.10.1 Company Overview
14.10.2 Financial Analysis
14.10.3 Segmental and Regional Analysis
14.10.4 Research & Development Expense
14.10.5 Recent strategies and developments:
14.10.5.1 Partnerships, Collaborations, and Agreements:
14.10.6 SWOT Analysis
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