The used electric vehicle batteries will be repurposed to store excess power during off peak times and release it back into the grid when needed

The European Commission has notified five companies that it suspects them of taking part in a car battery recycling cartel. It has sent statement of objections to the suspected firms over concerns they fixed the purchase prices for scrap lead-acid batteries in Belgium, France, Germany and the Netherlands between 2009 and 2012. Around 80% of […]