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JSW MG Motor, Vision Mechatronics join hands to redefine EV batteries

Business Standard LogoBusiness Standard5h ago

JSW MG Motor, Vision Mechatronics join hands to redefine EV batteries - Business Standard

Quick Summary:

JSW MG Motor India on Friday announced a collaboration with Vision Mechatronics for repurposing used electric vehicle batteries with a homegrown battery management system for second-life usage in large-scale energy storage.

The project with Vision Mechatronics, a technology company in the field of second-life batteries, will initially focus on a UPS backup solution and the first product has been deployed for an industrial facility in Pune to demonstrate the versatility and effectiveness of second-life EV batteries.

Under the collaboration, JSW MG Motor India will provide EV batteries that are no longer roadworthy, to Vision Mechatronics which in turn will repurpose it into a second-life large-scale energy storage application.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 13:10:55 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 393 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22877403

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Official Website: business-standard.com

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News Last Updated: 3 hours ago

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