In order to solve the problems of long-time consumption and high energy consumption in existing capacity detection methods of retired Ni-MH batteries, a fast and reliable capacity prediction method for retired Ni-MH batteries by multi-parameter driven analysis was proposed in this paper. This method mainly obtains several parameters through short-time measurement and pulse rapid nondestructive testing. Then, Pearson correlation coefficient and KS-test were used to analyze the correlation between the two parameters and verify the same distribution. Finally, SVR was used to predict the battery discharge capacity. The results show that the volume expansion thickness difference Δd, AC internal resistance R, terminal voltage U of the battery, charge and discharge polarization internal resistance R_f1 and R_f2 and pulse charging power P₂ of the battery are strongly negatively correlated with the discharge capacity, and these characteristic parameters can effectively and reliably reflect the internal structural characteristics of the battery. Additionally, the mean relative error of the established capacity model is 5.87%, and the lowest error is 1.32%. The prediction effect is good, which provides a certain reference value for the subsequent consistent sorting method.