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Category: Renewable Energy / Environment

Diagram showing EV battery second life

Battery Financing Lowers Cost of EVs, Increases Value Through Second-Life Applications

Hyundai Motor Company, the government of South Korea, a Korean taxi company, LG Energy Solution, and logistics company Hyundai Glovis this month signed a memorandum of understanding (MOU) to demonstrate the commercial benefits of leasing electric vehicles and their batteries separately from each other. Leasing batteries independently is financially appealing […]

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