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Hyundai signs MoU to use second-life EV lithium-ion batteries in ESSs

Fri, 06/05/2020 - 12:35 -- Paul Crompton

South Korea's vehicle OEM Hyundai Motor Group has signed a memorandum of understanding (MoU) with PV manufacturer Hanwha Q Cells to recycle old EV batteries into second-life energy storage applications.

The partnership will develop energy storage systems (ESS) using old EV batteries for the European and North American markets.

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