Nissan takes the long, complex approach to recycling old EV batteries
Moreover, creating a bigger market for used batteries could boost the secondhand market for electric cars as well, by extending their life span and bolstering their resale value, which would hasten their adoption, says Yutaka Horie, the president of 4R Energy. “For EVs to proliferate, it needs to get easier for customers to buy and sell,” Horie said as he gave a tour of the factory that opened in 2018 with local government support.
A reused EV battery can cost about half the price of a new one, according to Bloomberg Intelligence analyst Tatsuo Yoshida. He says what sets Nissan apart from other EV makers is that its 4R subsidiary is concentrating on reusing batteries as opposed to recycling them. Reusing entails swapping out deteriorated cells with healthy ones to extend the life of an aged but still-working battery.
The data, together with background information on previous owners—which sometimes can include everything from their geographies to driving history—offer insights on how EV batteries degrade over time under different environments, laying the groundwork for future improvements in battery development, he says.
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