GM plans to recycle used Volt batteries for secondary purposes
Bigwig automaker General Motors Co (GM) said in a Tuesday announcement that it plans to reuse old batteries from its first-generation Chevrolet Volt extended-range electric car for secondary purposes, like powering homes, office buildings, and utilities.
The planned move by GM to recycle used electric car batteries to power homes, businesses and utilities underscores an effort by the automaker to potentially challenge electric-car manufacturer Tesla Motors in the stationary battery business, though with a different approach.
Tesla has already announced that it plans to foray into the stationary power business with new battery units. However, GM plans to venture into the same business with recycled used electric car batteries from its Volt cars, which are equipped with batteries as well as a gas engine.
According to GM, the company's planned approach in the direction of stationary power business is more ecological than Tesla's approach as it promotes recycling of batteries; and will also likely be more cost effective.
Drawing attention to the fact that up to 80% of the storage capacity of a battery still remains even after it reaches the end of its useful life in a Volt, Pablo Valencia - Senior Manager of GM's battery life cycle management - said: "This secondary use application extends its (battery's) life, while delivering waste reduction and economic benefits on an industrial scale."
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