Cars: Honda and Mitsubishi will collaborate on the reuse of electric vehicle batteries

June 17, 2024

20 1 minute read

Honda Motor e Mitsubishi Corp will establish a joint venture next month to give new life to used electric car batteries in Japan, integrating them into the national electricity grid and thus helping to reduce the costs of electromobility. The new joint venture, named Altna, aims to supply batteries for electric cars on lease, and then to take them back and reuse them in the second phase of their useful life as storage batteries for electricity grids, thus reducing leasing prices for both motorists and grid operators .

A new electric minivan developed by Honda, N-Van, will be the first passenger car to take advantage of the new service. The joint venture will remotely monitor the batteries, replacing them once they reach a certain level of wear, when they still have between 60 and 70 percent of their initial storage capacity available.