Nissan, Sumitomo Establish JV to Reuse Electric Car Batteries

Nissan Motor Co and Sumitomo Corp had formed a joint venture aimed at commercializing used lithium-ion batteries for electric cars. Naming a second-life business for recyclable advanced lithium-ion batteries as the “4R Energy” business in October 2009, both companies started a joint study to “Reuse, Resell, Refabricate and Recycle” the lithium ion batteries used in […]