I'm actually pretty curious about what causes battery wear at a fundamental level. Presumably, traditional LI batteries are not "leaking" Lithium. So why does their electron-storage-potential decrease with time?
Basically, batteries are chemical reactions. Even though the reaction can be run in reverse (to recharge), no reaction is 100% efficient. Charging and discharging corrodes the anode/cathode and alters the structure. This makes them less capable of accepting ions. The electrolytes oxidize and decompose as well.