Volvo Energy is developing battery circularity by repurposing electric vehicle batteries into energy storage with Connected Energy. We spoke to Elisabeth Larsson, Senior Vice President of Sales and Services, Volvo Energy, on their drive to develop a second life use for EV batteries when they come to the end of their vehicle use.
Volvo Energy, a division of the wider Volvo Group, is proactively planning for the end-of-life of their EV batteries, and the company’s work with Connected Energy is just one example of how they are doing this.
Elisabeth Larsson, explains: “The Volvo Group is driven by ensuring that every battery that powers our vehicles is used to its full potential, before being recycled. As vehicle electrification gathers pace, we will soon see millions of electric vehicle batteries complete their first life in a vehicle. But those batteries will still have an enormous potential, only having degraded by 20-30%. Our mission is to reuse and repurpose them to maximise their value.”
Volvo Energy champions battery energy storage as an element that is essential to the global increasing need for electrification and the increasing uptake of renewable energy.