As electric vehicles rapidly grow in popularity worldwide, there will soon be a wave of used batteries whose performance is no longer sufficient for vehicles that need reliable acceleration and range. But a new study shows that these batteries could still have a useful and profitable second life as backup storage for grid-scale solar photovoltaic installations, where they could perform for more than a decade in this less demanding role.
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Battery reuse systems could be profitable for electric vehicle companies and grid-scale solar operations
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