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The Second Life of EV Battery--Cascading Applications of Lithium Batteries 2018-03-05

Batteries that have powered electric cars will get a second life providing energy storage for households, with the Technicolor known as Cascading Applications of Lithium Battery. Battery Buyers will be able to choose cheaper, used batteries that are no longer fit for electric car use, or pricier new ones.

Many home owners are buying at-home batteries so they can store energy collected from solar panels and use it at night or when utility rates are high. It's also a more convenient way to charge an electric car if you have one.

By far, some electric car giant makers such as BMW,Nissan, have started the venture of converting the electric vehicle (EV) used batteries to at home energe storage batteries.

EV batteries are also on stock in KOK POWER

As Home Batteries, KOK POWER are manufacturing lithium battery packs for the market's need

BMW is making a line of at-home batteries that could rival Tesla's Powerwall if it pans out the way the company says it will.

BMW also plans on having a competitive edge by cutting down on the cost of installation.

The automaker will resuse the batteries in its BMW i3 for home energy storage. Reusing batteries instead of making entirely new ones means BMW doesn't have to build any kind of air conditioning unit for its system, cutting down on the cost of installation.

it's not clear when BMW's at-home battery will hit the market, but the automaker will launch a pilot program to test it soon, most likely in California, Healy said. BMW is partnering with Solar City to eventually sell its batteries, rather than appealing directly to customers.

"It doesnt make sense to scrap the battery at the end of the useful life of the car because it's still good for services like powering your home," Fietzek said. "The car battery may be over designed for a home storage system, but well suited."

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