Nissan and Sumitomo will Give a Second Life to Electric Car Batteries : TreeHugger
A "4R" Business
Nissan and Sumitomo (a huge business group from Japan) announced today plans to "Reuse, Resell, Refabricate and Recycle" lithium-ion batteries previously used in electric cars, "giving them a 'second-life' as energy-storage solutions in markets worldwide." These used batteries can spend their second life storing energy for the grid (for example, from solar panels), a market that is expected to grow to the equivalent of 50,000 car batteries per year by 2020 in Japan alone.