BYD builds on its closed loop dream with second-life lithium-ion battery partnership

Chinese battery OEM and electric vehicle maker BYD will transform old batteries into energy storage systems through a partnership with Chinese lithium-ion recycling start-up Pandpower and Japanese trading house Itochu.
Old battery packs from buses, taxis and other vehicles manufactured by BYD will be collected from dealerships across China and turned into ship-container-sized power units for renewable energy and factories.