Jun 21, 2016 by admin Category: News 0 comments

BMW Is Turning Used i3 Batteries Into Home Energy Storage Units

Repurposed batteries could create a “clean” new revenue stream for EV customers. But it’s not yet clear how the buyback program will work.
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Greentech Media Wrote:

BMW is making a major push into the stationary energy storage market.

The German automaker announced that it is turning new and used i3 batteries into energy storage solutions for homes and small businesses. The company unveiled its plans at an electric vehicle symposium in Montreal.

“With a battery storage system electrified by BMW, our customers can take the next step toward a sustainable energy lifestyle. Coupled with the home-charging and solar energy programs, the system enables BMW drivers to embrace holistic sustainability beyond e-mobility,” said Rob Healey, manager of electric vehicle infrastructure for BMW North America, in a statement.

The market-ready product currently uses i3 high-voltage batteries, but can be equipped to incorporate second-life batteries as they become available. There are relatively few of these used batteries on the market today, because the i3, an all-electric city car, has only been on the market since 2013. That will change as the lithium-ion batteries degrade over time and are no longer considered suitable for vehicle use. A repurposed battery can offer “many additional years of service,” according to BMW.

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