Electrification of transportation means brings positive impacts to the environment because of reduced fossil fuel depletion and related carbon emissions. Critical obstacles remain in terms of battery costs and their expected life. Vehicle-to-grid technologies can deliver benefits to support electrical power grid and vehicle owner, while their practical implementation faces challenges due to the concerns over accelerated battery degradation. This study presents the evaluation of battery degradation through different smart charge strategies and vehicle-to-grid scenarios. The simulation results show that the developed smart charge schemes can mitigate the battery ageing up to 5% while lowering the charge cost from 30 - 60% as comparing to the conventional charge method within the first five days operation of the battery. In addition, the calendar ageing can be diminished upto 80% by participating in suitable V2G scenario.