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Renault sets up energy service subsidiary

Wed, 10/18/2017 - 12:03 -- Xuan Zhong
Renault sets up energy service subsidiary

French car giant Renault has launched a new subsidiary to invest in the development of secondary use of electric vehicle batteries (EV) for stationary energy storage and smart charging networks.

The new division, Renault Energy Services (RES), said it will research “vehicle-to-grid interaction to expand electric mobility and develop smart grids”.

 

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