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Relectrify's Use Of Old Electric Car Batteries May Help Cut Costs of Storing Power

The Relectrify Pty. battery management system and inverter sits during a demonstration in Melbourne, Australia, on Friday, Jan. 17, 2020. As major players jostle for market share in large-scale power storage, American Electric Power and Nissan Motor Co. are testing Relectrify's new technology that re-uses old electric vehicle batteries to slash costs. The pilot study in Ohio will road test technology that could lower system costs by about a half and extend the life of lithium-ion batteries by about a third according to the developer. Photographer: James Bugg/Bloomberg via Getty Images
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