Definitely not cold storage for a battery that's in use, since it would ned to be slowly brought back to ambient temperature every time to work properly again. The part charge/low temperature storage is only when a battery needs to be stored long term, a few months for example. The Panasonic battery already has a unique storage provision, it automatically shuts down after about two weeks of being out of use, preventing further storage discharge, after which it has to be given a full conditioning charge cycle to get it working properly again.
In respect of that loss of capacity mentioned, there are many unknown factors. The whole life can be only two years if heavily used. The capacity metering drifts out over time and has to be reset with a deep conditioning cycle, using the battery until the final fast flashing stage of the last LED. The 42 miles is well beyond the natural range and relies heavily on the human input. An e-bike can make one lazier over time so the rider may be putting in far less pedal effort after two years.
You can see that we'd need to know very much more before passing judgment on that e-bay battery.
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