Hyundai and South Korean battery manufacturer SK Innovation are teaming up on EV battery leasing—or at least the need for it. The two companies hope to develop an "ecosystem" that includes reuse of battery packs for stationary energy storage, as well as recycling, Hyundai said in a press release Tuesday. This "battery as a service" model... Hyundai and SK Innovation see leased EV battery packs part of more sustainable ecosystem
Hyundai and South Korean battery manufacturer SK Innovation are teaming up on EV battery leasing—or at least the need for it. The two companies hope to develop an "ecosystem" that includes reuse of battery packs for stationary energy storage, as well as recycling, Hyundai said in a press release Tuesday. This "battery as a service" model...