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Because the world transitions to sustainable transportation via electrical autos (EVs), some are contemplating methods to cut back EV battery waste. One such firm consists of Volvo, which has introduced a partnership to recycle outdated EV batteries into new power storage techniques.
Volvo is partnering with battery recycler Linked Vitality to present EV batteries a second life as battery power storage techniques (BESS), as detailed in a press launch on Wednesday. In keeping with the discharge, Volvo has signed a Letter of Intent to construct the BESS {hardware} after the businesses initially introduced an funding final 12 months.
Within the press launch, Linked Vitality CEO Matthew Lumsden writes:
“That is an thrilling subsequent step in our current relationship with Volvo Vitality with the potential to allow us to take our expertise at scale into the European market. We’re proud to be participating with Volvo Vitality on the event of recent second life power storage options.
“Within the coming years, the volumes of returning batteries from first life purposes will considerably enhance. This represents a key alternative for OEMs like Volvo Group. Collectively we have now the potential to develop and commercialise second life power storage techniques that make electrical autos (EVs) much more sustainable.”
The 2 events could start growing the primary prototype as quickly as this 12 months utilizing batteries from Volvo’s electrical buses, vehicles and different machines. The power storage techniques might be constructed into “containerized techniques,” and Volvo expects to launch the system in Europe by 2025.
Moreover, the press launch notes that Volvo started utilizing Linked Vitality’s E-STOR system at its Gothenburg, Sweden facility, which is used to research response charges to {the electrical} grid.
“The Volvo Group is pushed by making certain that each battery that powers our autos is used to its full potential, earlier than being recycled,” stated Elisabeth Larsson, Volvo Vitality’s senior vice chairman gross sales and companies.
“Repurposing the batteries in step with round financial system ideas is sweet for the atmosphere, good for the patron, and good for the Volvo Group. Our ambition for a deepened collaboration with Linked Vitality introduced at present might be a key milestone in our mission to maneuver from a linear enterprise mannequin to a round one by optimizing the batteries’ full lifecycle while making a product that can allow the transition to a world powered by renewable power.”
Linked Vitality factors out that EV batteries nonetheless have round 80 p.c of their preliminary power storage capacities on the finish of their use cycles. Recycling them into power storage techniques may give EV batteries a second life, decreasing their carbon footprint considerably over their lifespans.
Organizations more and more use power storage techniques to handle and retailer energy from renewable sources. Linked Vitality notes that these storage techniques can be used as backup energy for {the electrical} grid, business buildings, EV chargers, and extra.
Redwood Supplies is one other firm targeted on recycling EV batteries, and it was based by former Tesla government JB Straubel. The corporate and Tesla accomplice claims to have the ability to recuperate round 95 p.c of metals from EV batteries on the finish of their life cycle.
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