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Shenzan Pandpower

Japanese firms team up to create 1MWh second-life lithium-ion ESS business

Tue, 10/29/2019 - 15:14 -- Paul Crompton

Three Japanese firms are in talks to develop a business that will reuse end-of-life lithium-ion electric vehicle (EV) batteries in energy storage systems.

Japanese trading house Itochu will partner with BYD, as well as forming an equity and business partnership with vehicle battery recycler Shenzhen Pandpower, reports Nikkei Asian Review news source.

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