02 May 2019

McKinsey & Company on second-life EV batteries: "The newest value pool in energy storage"

McKinsey & Company have published an article defining the technological, ecological and economic virtues of second-life EV batteries.

"With continued global growth of electric vehicles (EV), a new opportunity for the power sector is emerging: stationary storage powered by used EV batteries, which could exceed 200 gigawatt-hours by 2030."

A new article by McKinsey + Company details the growing commercial opportunity of energy storage using second life electric vehicle batteries.

Accompanied by graphs and visual diagrams, the piece demonstrates the inspiring worldwide scale of electric vehicle battery availability, with long-term projections.

There is a clear body of research and statistics which are powerful in demonstrating how energy storage using second life EV batteries is a solution for a considerable problem faced by the planet.

As the leader in the field of sustainable energy storage, we recommend the report as a point of informed reference for serious consideration of this technology.

You can read the full article here.

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