There are now over 10 million electric vehicles on the roads worldwide. Improvements in the battery chemistry and associated battery management systems have ensured that battery packs in modern electric vehicles can last much longer than the car itself. Most OEMs now comfortably give 8-year warranties. Toyota has gone even further and is offering a 10-year/1 million km warranty.
Relectrify has just released its first commercial & industrial (C&I) storage product. It is a modular 120kWh system made from second-life EV batteries (cells that have been retired after use in electric vehicles). The all in one solution comes in 30% to 50% lower than comparable products on the market and has an expected lifetime of 3000 cycles. “The storage market needs affordable battery storage, and we are thrilled to achieve this market-leading competitiveness with this product from the get-go,” said Valentin Muenzel, Relectrify’s CEO and co-founder.
See Relectrify Launches 120kWh-2MWh Commercial & Industrial Second-Life Battery Product
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There has been a lot of progress in the electric vehicle industry over the past ten years. Ten years ago, the Nissan Leaf was one of the few mass production fully electric vehicles on the market. It had a 24 kWh battery pack that was good for about 140 km of range. To put that […]