Firms Are Giving Serious Thought to Reusing Old Batteries
When electric vehicle ("EV") batteries are benched for new ones, they usually aren't dead. A standard electric vehicle lithium-ion battery is typically replaced when it loses around 20% of its capacity, meaning there's still plenty of juice left in it to run stationary applications. Consequently, several firms have been playing with the idea of reusing these batteries, especially as we become increasingly aware of the dangers of greenhouse emissions. "There's definitely an uptick in the number of companies that are now trying this and getting serious about it, and I think it's becoming increasingly clear what the main obstacles are…