BEV Battery Residual Value Financial Service Matrix
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
The disposal of used battery electric vehicle batteries poses environmental pollution risks due to the chemicals they contain, and these batteries still have residual capacity, making them valuable for reuse in applications with lower energy demands.
Innovation Solution
A financial service system is developed to generate financial products based on predicted battery electric vehicle residual values, using a financial product generation matrix that incorporates strategic, market, and standard residual values, along with return options, to manage risk and provide economic feasibility for battery reuse.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Use of energy by moving object
If battery electric vehicles use high energy density batteries to increase mileage, then vehicle performance is improved, but battery disposal becomes more problematic due to environmental pollution and resource waste
Solution Approach 1:
The patent implements a battery reuse system that recovers and reuses batteries after their primary vehicle application. When batteries reach 80% capacity retention, they are transferred from vehicle use to stationary energy storage applications, extending their service life and preventing premature disposal. This recovering approach reduces environmental pollution and resource waste while maintaining the high mileage performance benefit.
2Reliability
If batteries are disposed of when chargeable capacity reaches 80%, then safety and performance requirements are met, but economic value is lost due to remaining residual capacity
Solution Approach 1:
The patent implements a dynamic battery value determination system that adjusts battery valuation based on multiple factors including residual capacity, age, health status, and application requirements. Rather than a fixed 80% threshold, the system dynamically evaluates whether a battery is suitable for vehicle reuse or should be transitioned to stationary storage, optimizing both safety and economic value extraction from the residual capacity.
Solution Approach 2:
The patent changes the operational parameters and application context in which batteries are used. Batteries are transitioned from high-performance vehicle applications to stationary energy storage applications where lower performance thresholds are acceptable. This parameter change allows continued utilization of batteries at 80% capacity retention, converting what would be waste into valuable energy storage assets.
3Object-affected harmful factors
If battery reuse is promoted for environmental benefits, then environmental impact is reduced, but economic feasibility requires accurate valuation and risk management
Solution Approach 1:
The patent introduces an intermediary battery value determination device that acts as a mediator between battery sellers and buyers. This device objectively evaluates battery parameters including residual capacity, health status, and age to determine fair market value. The intermediary system manages the complexity of valuation and risk assessment, enabling environmental benefits to be realized while providing economic feasibility through transparent, data-driven pricing.
Data Source
AI summary
A method of providing financial service using financial service matrix based on BEV (battery electric vehicle) residual value and financial service system using the method can include determining, by a dynamic battery residual value determination device, a battery electric vehicle residual value variable based on a value of a battery for the battery electric vehicle. The method can also include generating, by a battery electric vehicle financial product generation device, a battery electric vehicle-based financial product. The financial product can be generated based on a financial product generation matrix, and the financial product generation matrix can be generated based on the battery electric vehicle residual value variable and a battery electric vehicle return option variable.