The universal market adoption of electric vehicles (EV) is still impeded by the high cost of lithium-ion (Li-ion) batteries. Repurposing EV batteries in second use applications could help reclaim a portion of initial cost and potentially reduce upfront EV costs. Further, second-life batteries could make EV technology more sustainable in terms of cleanliness of electricity mix for EV charging through storage and grid integration of renewables and of alleviating environmental concerns over battery disposal. This paper presents business models of different EV industry stakeholders that facilitate battery reuse. Based on original interviews with directors and managers from various EV sectors, as well as industry/company reports and academic literature, we analyse the deciding factors for different battery “post-vehicle” applications and their potential impacts on EV business models. The findings emphasize the importance of battery ownership, inter-industry partnerships and policy support on battery secondary use. The results also suggest the potential of battery reuse as a catalyst for EV business model reconfiguration.