Nissan to Re-use, Recycle Electric Car Batteries

Nissan to Re-use, Recycle Electric Car Batteries

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Nissan LeafJapan’s Nissan Motor Co and Sumitomo Corp said last week they had formed a joint venture aimed at commercializing used lithium-ion batteries for electric cars.

Nissan wants to lower the high cost of electric vehicles like the Nissan Leaf, due out this December, by eventually giving their expensive batteries a second life through re-use, resale, refabrication and recycling.

(READ more from Reuters, via The Economic Times)

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