Second Life For EV Batteries
If you’re looking for an EV battery that will last you a long time, Lucid Motors has a solution. During the first phase of its factory construction, the company will collect and refurbish EV batteries for a cost of under $2 per module. The batteries will be tested for quality, and once they’re in top condition, they’ll be put back into incoming products.
Lucid Motors is announcing plans to build an all-electric luxury car. In December, the automaker broke ground on a new, $700 million facility in Arizona. The plant, dubbed the Advanced Manufacturing Plant, will produce the electric sedan Lucid Air. The company says that its first vehicle won’t hit the market until 2021, but if the new factory proves to be successful, the company will have built its first battery factory in the US.
As the price of raw materials for EV batteries continues to rise, Lucid Motors is also looking into ways to reuse the batteries from its electric vehicles. It’s unclear when the company will launch its first vehicle, but it’s already experimenting with energy storage solutions for commercial customers. In the meantime, the automaker is hoping to give its used battery packs to an energy storage company.
Lucid Motors Sees a Second Life For EV Batteries
The company wants to repurpose its EV batteries. It will reuse them in a variety of applications, including stationery storage. For example, its upcoming Air sedan will have bi-directional energy flow capabilities. While most EV manufacturers are unlikely to pursue this route, it’s an alternative avenue for EV manufacturers to consider. It’s important to note that Lucid’s first EV will be on the market in 2021.
While the company doesn’t expect to sell its first EV until 2021, it’s already developing energy storage systems and experimenting with EV battery remanufacturing for commercial purposes. The company is also developing a 300-kilowatt stationary energy storage system for its EVs. There’s no doubt that the first Lucid EV will be on the market by late 2021, but there’s no hurry to find out when it’ll make it.
If you’re a Lucid EV owner, you might be wondering what happens to your EV batteries after they have been disposed of. The company is working with battery recycling companies to recycle used EV batteries. While the company has not yet begun recycling its batteries, it’s working on ways to sell them back to the company. And it’s working with several battery suppliers to do so.
