New research from Geotab, a global leader in connected transportation solutions, has found that modern EV batteries degrade at only 1.8% per year. This means that the vast majority of batteries will remain viable for 20 years or more, outlasting the usable life of the vehicles they're powering.
Geotab analysed the battery health of around 5000 EVs, discovering that average battery health has improved by 22% over the past five years (1.8% degradation in 2024, versus 2.3% in 2019).
The findings bust one of the long-held myths around electric vehicles – that batteries are less reliable than their ICE counterparts. In fact, the best-performing EV models on sale today have battery degradation rates of just 1.0% annually; and this number is likely to reduce as battery technology improves.
Interestingly, high-use batteries did not show increased degradation rates, suggesting that EVs offer better value the more they are driven.
Telematics data insights, which can be found in Geotab’s EV Battery Health report, allow fleets to know the real battery capacity of their EVs and understand the rate of degradation, helping them achieve optimal value throughout their EV's life-cycle.
Similar Stories
No cab, more cargo: autonomous electric truck concept promises 15% more load space
A new autonomous electric truck concept being developed in the UK could give fleets more payload, more cargo space an...
Used EV values rise for first time in 2026 as fleets gain confidence on residuals
Used EV prices rose faster than any other fuel type in April, marking a potentially significant turning point for fle...
Microlise bets on AI and EV data as van fleet demands rapidly evolve
Microlise says it has added 400 new customers in the past year as it expands beyond traditional HGV telematics and ta...
Calls for mandatory EV and vehicle technology repair standards
As vehicles become increasingly software-driven, the Institute of the Motor Industry (IMI) is calling on Government t...
More fleets are worried about the shift away from petrol and diesel
Concern about the transition to electric vehicles is rising again among UK fleets, with new research suggesting the i...
New Skoda Epiq brings genuinely affordable EV motoring closer for fleets
Skoda has confirmed pricing for its all-new Epiq electric SUV, with the compact EV arriving this July priced from £24...
Why battery storage could become essential for the future of public EV charging
That’s why InstaVolt’s latest rollout of battery energy storage systems (BESS) matters. The charging provider has ope...
Fleet leaders warn cost pressure and EV policy uncertainty are the defining issues for 2026
Decarbonisation, rising costs and the growing role of AI were all highlighted as major priorities for fleets at this ...
Used EV demand hits record levels as more drivers look for lower running costs
The used electric car market has hit another milestone, with battery electric vehicle sales rising 32% in the first q...
Fleets are increasingly treating workplace charging as the safest EV option
Fresh research from Arval suggests fleets are increasingly prioritising workplace charging over both home and public ...
Chery says it wants to become “a citizen of the UK”
Speaking at the company’s international business summit in China, Chery chairman Yin Tongyue said the brand wants to ...
Vehicle-to-grid car sharing trial shows EVs could become part of the energy system
One of the biggest long-term questions around EVs has always been whether cars could eventually do more than simply c...
UK public EV charging network surpasses major milestone
The UK’s public EV charging network has surpassed 120,000 chargers for the first time, with ultra-rapid charging cont...
Vehicle theft law welcomed as fleets face growing concerns over organised crime
New legislation targeting electronic vehicle theft tools has been welcomed by Thatcham Research, with the industry ar...
Fleet downtime falls to lowest level since Covid, epyx data shows
Figures from the company’s 1link Service Network platform show vehicles spent an average of 1.46 days off road for se...
Chinese brands are no longer “emerging” in the UK car market
Chinese manufacturers are rapidly moving from curious newcomers to major players in the UK fleet and EV market, and t...