Sunday, July 24, 2011

Automakers Hope to Make Money on Used EV Batteries - Technology Review

"At $10,000 a piece, electric-car batteries are too expensive to throw out or recycle into scrap materials. And even after a decade of use, when they can't perform well enough to meet the vehicle's demands, they could still be valuable for other uses. Nissan and GM have both recently announced ways they might make some money from them.

Many issues remain unresolved, not the least of which is whether the automakers would need to buy back the batteries from car owners, or whether dealers would simply lease the battery rather than sell it, which would allow the car company to reclaim it for secondary uses later on."

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