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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Table showing net benefits EVs deliver through V2G technology

Vehicle To Grid (V2G) Technology Achieves Milestone Toward Commercialization

Vehicle to Grid (V2G) technology offers what might be characterized as the holy grail for electric vehicles, and the future got a lot closer on March 12 with the news that a bidirectional EV charging system by Fermata Energy was the first such system in the world to earn the …

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