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Hyundai EV batteries to get second life in Wärtsilä ESS deal

Tue, 07/03/2018 - 13:49 -- Xuan Zhong
Hyundai EV batteries to get second life in Wärtsilä ESS deal

South Korean car giant Hyundai is making inroads into the global power storage market under a second-life electric vehicle (EV) batteries deal with Finnish energy tech firm Wärtsilä.

The companies said their “technology and commercial partnership” would target “advanced energy storage products and platforms that maximise Hyundai’s second-life EV batteries”— selling into Wärtsilä’s existing network of customers across 180 countries.

 

Photo caption: (from left) Javier Cavada, President of Energy Solutions at Wärtsilä, Dr. Youngcho Chi, Executive Vice President of Strategy & Technology Division and Chief Innovation Officer at Hyundai Motor Group, John Jung, President & CEO at Greensmith Energy

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