Vector eyes late-life EV batteries for home storage

Vector eyes late-life EV batteries for home storage
Gavin Evans
By Gavin Evans July 4 (BusinessDesk) - Vector, the country’s biggest power distributor, is investigating ways to use late-life batteries from electric vehicles as a cheap form of energy storage for homes and businesses. The company has been working with Melbourne-based Relectrify to see how batteries from a Nissan Leaf, the most common EV in New Zealand, would work when combined with smart battery control technology in a home. Vector says packs of the re-purposed batteries were able to provide about 15 kilowatt-hours of usable energy,...

More Infrastructure

CCHL directors resign en masse
Infrastructure

CCHL directors resign en masse

Four directors are leaving with immediate effect, citing dividend frontloading.

Oliver Lewis 15 May 2024
Big rewards for solar pioneers
Infrastructure Analysis

Big rewards for solar pioneers

Solar farm expert estimates the property is returning capital at more than 20% per annum.

Jevon Carding 15 May 2024
Inflation outpaces Auckland housing
Economy

Inflation outpaces Auckland housing

Prices trail inflation, especially in Auckland, while listings soar in Wellington.

Dileepa Fonseka 14 May 2024