In modern electric vehicle applications, understanding the evolution of the internal electrochemical reaction throughout the aging of batteries is as relevant as knowing their state of health. This article demonstrates the feasibility of correlating a mechanistic model of the battery internal electrochemical reactions with an equivalent electrical circuit (EEC) model, providing a practical and understandable interpretation of the internal reactions for electrical specialists. By way of electrochemical impedance spectroscopy analysis and automatic control theory, a methodology for correlating the resistance and capacitance variations of the EEC model and how they reflect the electrochemical reaction changes is proposed. These changes are represented through the time constants of the three RC parallel arrays from an EEC model. PS-260 lead–acid batteries were analyzed throughout the SOC and their useful life to validate this methodology. The result analysis allows us to establish that the first RC array corresponds to the negative electrode reactions in the range of 1.48 Hz to 10 kHz, the second RC array to the positive electrode reactions and generation of sulfates in the range of 0.5 to 1.48 Hz, and the third RC array to the generation of sulfates and their diffusion in the range of 0.01 to 0.5 Hz.