betteries

2nd life for used EV batteries as flexible and mobile storage for renewable energy.

Impact

TYPE
Climate
Rationale

Large quantities of EV batteries can be re-purposed to provide electric power in diverse use cases in emerging and developed markets.

This increases use of renewables, avoids CO2 from generators, reduces extraction of rare materials and provides economic opportunities for small businesses locally.

SDG

Investment

status
Closed
location
Germany
Investment Type
Convertible loan, Pre-Seed
duration
5-10 years
since
2019-07
Partner
Portfolio V2 BG Image Hero Illustration - Capital X Webflow Template