The North America Second Life EV Battery Market would witness market growth of 41.4% CAGR during the forecast period (2025-2032).
The US market dominated the North America 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 $3,181.4 million by 2032. The Canada market is experiencing a CAGR of 43.9% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 42.7% during (2025 - 2032). The US and Canada led the North America Second Life EV Battery Market by Country with a market share of 69% and 14.9% in 2024.

The North American second-life EV battery market is changing quickly because there are more retired EV batteries, more storage needs for renewable energy, and strong government support. As the first life of early EV fleets comes to an end, automakers and energy-storage companies are using old lithium-ion batteries for stationary storage uses like grid support, commercial backup, and renewable integration. The U.S. Department of Energy's "Electric Drive Vehicle Battery Recycling and 2nd Life Apps" program and the Bipartisan Infrastructure Law are two examples of government programs that are paying for research, demonstration projects, and infrastructure for repurposing. OEMs and recyclers are teaming up increasingly, like General Motors and Redwood Materials. This shows how reuse and recycling can create value over time. These changes are turning second-life batteries from experimental pilots into energy-storage assets that can be sold and used in a way that is both cost-effective and good for the environment.
Key players in the industry are focusing on partnerships, scaling up the domestic value chain, being cost-effective, and integrating the entire lifecycle. Companies are putting money into infrastructure for diagnostics, disassembly, and repackaging so that second-life storage systems can be used on a large scale. They are also taking advantage of the lower cost and carbon footprint of repurposed batteries. Redwood Materials is an example of a circular business model because it handles both repurposing items for a second life and recycling them when they are no longer useful. The competitive landscape is still new, but it is becoming clearer that OEMs, recyclers, and system integrators are all fighting for access to retired batteries and efficient repurposing operations. As certification and safety standards improve, the second-life EV battery market in North America is about to move from pilot scale to a mainstream market that supports renewable energy and a more resilient grid.
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 US 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 41.3 % during the forecast period during (2025 - 2032).

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 Canada Second Life EV Battery Market by Application; The Power Backup/UPS market achieved a market size of USD $24.9 Million in 2024 and is expected to grow at a CAGR of 43.3 % during the forecast period. The EV Charging Stations market is predicted to experience a CAGR of 45.2% throughout the forecast period from (2025 - 2032).
Free Valuable Insights: The Second Life EV Battery Market is Predicted to reach USD 23.54 Billion by 2032, at a CAGR of 42.6%
Country Outlook
The US is quickly building a circular economy for EV batteries, thanks to strong government programs and private investments. The "National Blueprint for Lithium Batteries" from the Department of Energy and the Extended Producer Responsibility (EPR) framework from the EPA both aim to improve the security of the domestic supply chain while encouraging the reuse, repurposing, and recycling of batteries. The growth of battery manufacturing, assembly, and critical mineral extraction is being driven by the rise in electric vehicle (EV) use and more than $208 billion in private-sector investments. Increasingly, automakers and recyclers are working together on projects to take back batteries, reuse them, and store energy for a second life. The U.S. is becoming an important market for second-life EV batteries, but infrastructure, logistics, and regulations are still changing, so most projects are still in the pilot or early deployment stages.
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
North America 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
- US
- Canada
- Mexico
- Rest of North America
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Second Life EV Battery Market, by End Use
1.4.2 North America Second Life EV Battery Market, by Application
1.4.3 North America 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 – North America Second Life EV Battery Market
Chapter 5. State of Competition – North America 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. North America Second Life EV Battery Market by End Use
11.1 North America Commercial & Industrial (C&I) Market by Country
11.2 North America Utilities Market by Country
11.3 North America Residential Market by Country
Chapter 12. North America Second Life EV Battery Market by Application
12.1 North America Power Backup/UPS Market by Country
12.2 North America Renewable Energy Storage Market by Country
12.3 North America EV Charging Stations Market by Country
12.4 North America Grid-Scale ESS & Others Market by Country
Chapter 13. North America Second Life EV Battery Market by Country
13.1 US Second Life EV Battery Market
13.1.1 US Second Life EV Battery Market by End Use
13.1.2 US Second Life EV Battery Market by Application
13.2 Canada Second Life EV Battery Market
13.2.1 Canada Second Life EV Battery Market by End Use
13.2.2 Canada Second Life EV Battery Market by Application
13.3 Mexico Second Life EV Battery Market
13.3.1 Mexico Second Life EV Battery Market by End Use
13.3.2 Mexico Second Life EV Battery Market by Application
13.4 Rest of North America Second Life EV Battery Market
13.4.1 Rest of North America Second Life EV Battery Market by End Use
13.4.2 Rest of North America 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
TABLE 1 North America Second Life EV Battery Market, 2021 - 2024, USD Million
TABLE 2 North America Second Life EV Battery Market, 2025 - 2032, USD Million
TABLE 3 Key Customer Criteria – Second Life EV Battery Market
TABLE 4 North America Second Life EV Battery Market by End Use, 2021 - 2024, USD Million
TABLE 5 North America Second Life EV Battery Market by End Use, 2025 - 2032, USD Million
TABLE 6 North America Commercial & Industrial (C&I) Market by Country, 2021 - 2024, USD Million
TABLE 7 North America Commercial & Industrial (C&I) Market by Country, 2025 - 2032, USD Million
TABLE 8 North America Utilities Market by Country, 2021 - 2024, USD Million
TABLE 9 North America Utilities Market by Country, 2025 - 2032, USD Million
TABLE 10 North America Residential Market by Country, 2021 - 2024, USD Million
TABLE 11 North America Residential Market by Country, 2025 - 2032, USD Million
TABLE 12 North America Second Life EV Battery Market by Application, 2021 - 2024, USD Million
TABLE 13 North America Second Life EV Battery Market by Application, 2025 - 2032, USD Million
TABLE 14 North America Power Backup/UPS Market by Country, 2021 - 2024, USD Million
TABLE 15 North America Power Backup/UPS Market by Country, 2025 - 2032, USD Million
TABLE 16 North America Renewable Energy Storage Market by Country, 2021 - 2024, USD Million
TABLE 17 North America Renewable Energy Storage Market by Country, 2025 - 2032, USD Million
TABLE 18 North America EV Charging Stations Market by Country, 2021 - 2024, USD Million
TABLE 19 North America EV Charging Stations Market by Country, 2025 - 2032, USD Million
TABLE 20 North America Grid-Scale ESS & Others Market by Country, 2021 - 2024, USD Million
TABLE 21 North America Grid-Scale ESS & Others Market by Country, 2025 - 2032, USD Million
TABLE 22 North America Second Life EV Battery Market by Country, 2021 - 2024, USD Million
TABLE 23 North America Second Life EV Battery Market by Country, 2025 - 2032, USD Million
TABLE 24 US Second Life EV Battery Market, 2021 - 2024, USD Million
TABLE 25 US Second Life EV Battery Market, 2025 - 2032, USD Million
TABLE 26 US Second Life EV Battery Market by End Use, 2021 - 2024, USD Million
TABLE 27 US Second Life EV Battery Market by End Use, 2025 - 2032, USD Million
TABLE 28 US Second Life EV Battery Market by Application, 2021 - 2024, USD Million
TABLE 29 US Second Life EV Battery Market by Application, 2025 - 2032, USD Million
TABLE 30 Canada Second Life EV Battery Market, 2021 - 2024, USD Million
TABLE 31 Canada Second Life EV Battery Market, 2025 - 2032, USD Million
TABLE 32 Canada Second Life EV Battery Market by End Use, 2021 - 2024, USD Million
TABLE 33 Canada Second Life EV Battery Market by End Use, 2025 - 2032, USD Million
TABLE 34 Canada Second Life EV Battery Market by Application, 2021 - 2024, USD Million
TABLE 35 Canada Second Life EV Battery Market by Application, 2025 - 2032, USD Million
TABLE 36 Mexico Second Life EV Battery Market, 2021 - 2024, USD Million
TABLE 37 Mexico Second Life EV Battery Market, 2025 - 2032, USD Million
TABLE 38 Mexico Second Life EV Battery Market by End Use, 2021 - 2024, USD Million
TABLE 39 Mexico Second Life EV Battery Market by End Use, 2025 - 2032, USD Million
TABLE 40 Mexico Second Life EV Battery Market by Application, 2021 - 2024, USD Million
TABLE 41 Mexico Second Life EV Battery Market by Application, 2025 - 2032, USD Million
TABLE 42 Rest of North America Second Life EV Battery Market, 2021 - 2024, USD Million
TABLE 43 Rest of North America Second Life EV Battery Market, 2025 - 2032, USD Million
TABLE 44 Rest of North America Second Life EV Battery Market by End Use, 2021 - 2024, USD Million
TABLE 45 Rest of North America Second Life EV Battery Market by End Use, 2025 - 2032, USD Million
TABLE 46 Rest of North America Second Life EV Battery Market by Application, 2021 - 2024, USD Million
TABLE 47 Rest of North America Second Life EV Battery Market by Application, 2025 - 2032, USD Million
TABLE 48 Key Information – Nissan Chemical Corporation
TABLE 49 key Information – BYD Company Ltd.
TABLE 50 key information – LG Chem Ltd.
TABLE 51 Key Information – Samsung Electronics Co., Ltd.
TABLE 52 key Information – Tesla, Inc.
TABLE 53 key information – BMW AG
TABLE 54 key Information – Volvo Group
TABLE 55 Key Information – Mitsubishi Electric Corporation
TABLE 56 key information – Mercedes-Benz Group AG
TABLE 57 key Information – Hyundai Motor Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Second Life EV Battery Market, 2021- 2032, USD Million
FIG 3 Key Factors Impacting North America Second Life EV Battery Market
FIG 4 Value Chain Analysis of Second Life EV Battery Market
FIG 5 Market Share Analysis, 2024
FIG 6 Porter’s Five Forces Analysis – Second Life EV Battery Market
FIG 7 Product Life Cycle – Second Life EV Battery Market
FIG 8 Market Consolidation – Second Life EV Battery Market
FIG 9 Key Customer Criteria – Second Life EV Battery Market
FIG 10 North America Second Life EV Battery Market Share by End Use, 2024
FIG 11 North America Second Life EV Battery Market Share by End Use, 2032
FIG 12 North America Second Life EV Battery Market by End Use, 2021 - 2032, USD Million
FIG 13 North America Second Life EV Battery Market Share by Application, 2024
FIG 14 North America Second Life EV Battery Market Share by Application, 2032
FIG 15 North America Second Life EV Battery Market by Application, 2021 - 2032, USD Million
FIG 16 North America Second Life EV Battery Market Share by Country, 2024
FIG 17 North America Second Life EV Battery Market Share by Country, 2032
FIG 18 North America Second Life EV Battery Market by Country, 2021 - 2032, USD Million
FIG 19 Swot Analysis: Nissan Chemical Corporation
FIG 20 Swot Analysis: LG Chem Ltd.
FIG 21 SWOT Analysis: Samsung Electronics Co., Ltd.
FIG 22 SWOT Analysis: Tesla, Inc.
FIG 23 SWOT Analysis: BMW AG
FIG 24 Swot Analysis: Volvo Group
FIG 25 SWOT Analysis: Mitsubishi Electric Corporation
FIG 26 Recent strategies and developments: Mercedes-Benz Group AG
FIG 27 SWOT Analysis: Mercedes-Benz Group AG
FIG 28 Swot Analysis: Hyundai Motor Company