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What is Volvo energy repurposing EV batteries into energy storage?

Volvo Energy is developing battery circularity by repurposing electric vehicle batteries into energy storage with Connected Energy. We spoke to Elisabeth Larsson, Senior Vice President of Sales and Services, Volvo Energy, on their drive to develop a second life use for EV batteries when they come to the end of their vehicle use.

Will EVs become interchangeable energy storage facilities?

According to Schneider Electric VP Hilary Maxson, EVs with their large batteries will become interchangeable energy storage facilities. (Passage: EVs, with their large batteries, will become interchangeable energy storage facilities, says Schneider Electric VP Hilary Maxson ’99, MBA ’05.)

Who invented stationary energy storage?

Twenty years ago, when Dr. Gyuk took charge of the stationary energy storage program, the technology was only beginning to be explored. There were very few demonstrations and the rare industry meetings were only attended by a handful of researchers, scientists, and dreamers.

Where will EV charging primarily occur?

Most EV charging is going to happen in the places where companies like Schneider Electric provide energy-efficient tech, such as homes and commercial and industrial buildings. To Schneider Electric, EV charging is just the tip of the iceberg.

Should EV batteries be repurposed for a second life in energy storage?

Repurposing EV batteries for a second life in energy storage provides a key opportunity to utilise the anticipated rise in Volvo batteries we produce and retire from automotive applications, but it is so much more than that. Elisabeth adds: “Energy storage can bring many benefits to our customers.

Does Volvo energy plan for the end-of-life of EV batteries?

Volvo Energy, a division of the wider Volvo Group, is proactively planning for the end-of-life of their EV batteries, and the company’s work with Connected Energy is just one example of how they are doing this.