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Duke Energy and ITOCHU to assess second-life applications for Li-ion automotive batteries

Green Car Congress

NOVEMBER 23, 2010

Duke Energy and Tokyo-based ITOCHU Corp. signed an agreement to collaborate on advanced energy technologies, starting with the evaluation and testing of second-life applications for electric vehicle batteries. Duke Energy and ITOCHU believe batteries that become unsuitable for use in EVs could live on in other applications.

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Li-ion Indianapolis Energy Batteries 284
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Ener1 Receives Commitment for $65M Equity Investment; Negotiating with DOE on Low Interest ATVMP Loan

Green Car Congress

JUNE 1, 2010

The new capital injection adds to funds from the US Energy Department (DOE) under the federal government’s Advanced Battery Manufacturing Initiative to ramp up production at EnerDel’s facilities in Indianapolis to a rate of 900 electric vehicle battery packs per month, a production point at which EnerDel expects to be EBITDA break-even.

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Indianapolis Li-ion Chinese Energy Storage 170
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