A Fully Renewable Future for Everyone
Electric vehicles (EV) are trending globally, and Norway has absorbed more than any other country in the world. Strong EV adoption incentive programs on both national and regional level have given EV sales a major boost, leading to Norway having the highest rate of EV adoption in the world. Most analysts and industry experts agree that almost all vehicles in Norway will make the eventual switch from fossil fuels to electric in the foreseeable future, which has a positive impact on the environment, but also people’s quality of life. Automakers are investing largely in the industry expecting significant market growth in the coming years. This means fewer greenhouse gasses and a cleaner environment for all.
As most people know, the battery is the key component of an electric vehicle. EV batteries are built to last several thousand charge cycles in various climates, but there are significant concerns about the way batteries are handled at the end of their life in vehicles. That concern is taking a front row as regulators and the industry see the number of used EV batteries increasing dramatically year-on-year.
Currently, automakers consider that a battery will reach the end of its useful life in a car when its capacity drops by around 30%. So due to performance degradation, repairs, recalls or accidents, a lot of batteries leave the cars and need to be disposed of. Every year, tens of thousands of EV batteries will be discarded creating a massive environmental crisis. To make it even worse, between 20-30% of these batteries are fully usable in a second-life application, where experts believe in the potential for up to 10 years of operation.
Automakers and startups are looking at ways to reuse batteries before they're sent for recycling
Sending a used EV battery to the landfills is unwise and unsafe due to the waste of recyclable materials, the risk of fire, as well as the likelihood of contaminating water sources beneath the surface. A wise and environmentally friendly solution for this issue is repurposing for secondary applications after their first life, and recycling at the real end-of-life in order to capture valuable materials. This way, we maximize the value of all available resources while also minimizing our environmental footprint.
RePack is on the road to become a leading player in a fast growing marketplace in Norway of repurposing EV batteries which have already served their main purpose as a vehicle energy source. RePack develops novel technologies to repurpose second-life EV batteries into modular battery energy storage systems in a streamlined, safe, and cost-effective way.
Battery Energy Storage Systems (BESS) are on the verge of profitability in many market segments today and will play a vital role in enabling the next chapter of the international shift towards renewable energies. Through using repurposed EV batteries, RePack is set to accelerate this transition in a profitable manner and are developing a product portfolio to market segments such as private systems, commercial & industrial systems and utility systems.
Stationary BESS solutions designed by RePack have numerous applications for domestic users as well as corporations worldwide. Prototype 2 of the modular battery energy storage system which was introduced back in July 2021 by RePack is ideal to be used as an off-grid cabin, food trucks, micro houses or for any other stationary energy requirement.
RePack Off-grid Prototype 2 is now available for a limited pre-order. Please visit https://www.repack.no/repack-prototype2/ for more information (Norwegian-only)
Co-Founder & COO at Evyon
3yVery interesting thoughts - great outline of our vision.
Data Engineer | Fabric | Full-stack
3yA great reminder of the effects of high EV adoption! I'm curious how RePack wishes to handle the end of life for their products?