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OCI

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

Wed, 09/11/2019 - 15:01 -- Paul Crompton
Hyundai signs MoU to use second-life lithium-ion batteries in ESSs

South Korea’s vehicle OEM Hyundai Motor Group has committed to a joint project with Korea-based energy solution firm OCI to reuse second-life lithium-ion batteries from EV’s in energy storage systems (ESS). 

The systems will be used in solar power generation applications following the signing of a memorandum of understanding on 9 September.

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