BNEF forecasts cumulative 26 GWh of second-life EV battery storage by 2025
Green Car Congress
AUGUST 26, 2016
In a new report for clients, Bloomberg New Energy Finance (BNEF) forecasts that there will be 29 GWh of used EV batteries coming out of cars in 2025. In contrast, repurposing used EV batteries could cost as little as $49/kWh in 2018, with an additional $400/kWh cost to convert to stationary. The auto industry is divided on the issue.
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