Home Tag "Old Electric Car"

Old Electric Car Batteries May Help Cut Costs of Storing Power

As major players jostle for market share in large-scale power storage, American Electric Power and Nissan Motor Co. are testing new technology that re-uses old electric vehicle batteries to slash costs. The pilot study in Ohio will road test technology that could lower system costs by about a half and extend the life of lithium-ion […]

Tesla’s value drops $50 billion as Musk’s promised cheaper battery 3 years away

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