The U.S.-based researchers claimed even devices which have declined to 80% of their original capacity could offer a better investment prospect for solar-plus-storage projects in California than purpose-built, utility scale batteries, not least because such ‘second life’ EV batteries could cost as little as 60% of their purchase price.
MIT research co-author Ian Mathews conceded technical hurdles remained to the deployment of used EV batteries on a large scale, such as aggregating batteries from different manufacturers and screening which devices could be reused. However, Mathews insisted used EV batteries still offered a persuasive enough business case to justify the cost of recovering them, screening performance and redeploying them.
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