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

Green Car Congress

Duke Energy and ITOCHU’s program builds upon their involvement in Project Plug-IN, a large-scale public/private EV initiative based in Indianapolis. According to some auto industry estimates, electric vehicle (EV) batteries that can no longer charge to approximately 80% of their original capacity may be candidates for replacement.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Indianapolis, IN. Exide Technologies with Axion Power International. Honeywell International Inc.

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