EV Battery ReUSE & 2nd Life
Electrios report focuses on the potential of repurposing end-of-life electric vehicle (EV) batteries for second-life applications, primarily in energy storage systems. Key findings include:
- Second-life batteries offer significant cost savings and environmental benefits compared to new systems.
- Technical challenges exist in assessing degradation and remaining capacity, requiring rigorous testing and standardization.
- Economic advantages are clear, with potential for further revenue generation through grid services.
- Collaboration with EV manufacturers and standardized testing are crucial for scaling the supply of used batteries.
- Policy and regulations are evolving globally to promote battery recycling and second-life use.
- China is leading in second-life battery regulations and infrastructure.
- Safety and performance are critical factors in repurposing batteries.
- The report also discusses the technical aspects of second-life batteries, including collection, storage, transportation, dismantling and testing.
Overall, the report highlights the promising potential of second-life batteries as a sustainable energy storage solution, emphasizing the need for technical advancements, strategic partnerships, and supportive regulations to maximize their impact.