The increased urgency for the automotive industry to deal with the disposal of EV batteries in the mid-term future will act as a catalyst for the emerging second-life battery market, writes Abhishek Sampat, Principal Analyst at Delta-EE. Automakers, and potentially third parties, are expected to exploit new value streams and a second-life market is predicted to drive down costs for stationary energy storage, with little to no compromise in quality to the end user.
Japanese car manufacturer Nissan developed a 3 MWh energy storage installation at the Johan Cruyff Arena in Amsterdam, partly utilizing second-life batteries. Delta-EE forecasts major growth in such projects over the coming years.
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