| Title | Exploring Second Life Applications for Electric Vehicle Batteries |
|---|---|
| ID_Doc | 24935 |
| Authors | Vu, F; Rahic, M; Chirumalla, K |
| Title | Exploring Second Life Applications for Electric Vehicle Batteries |
| Year | 2020 |
| Published | |
| Abstract | The purpose of the study is to explore an economically viable second life applications for electric vehicles (EV) batteries. There is a common consensus in the automotive industry that the reuse of retired EV batteries-often referred as a second life of a battery-can provide greater economic and sustainability benefits. Although literature acknowledged potential business opportunities with batteries' second life, there are still a lot of uncertainties, making success difficult to realize. In particular, identification of a profitable second life application with a right business model in the battery value chain has become a key success factor. Therefore, a case study, with a mixed research approach, considering both qualitative and quantitative methods, has been conducted in a company that is one of the leading manufacturers in the heavy-duty industrial vehicle industry, which currently is developing their electric vehicle machines with a li-ion battery pack. The study generated and analyzed several different second life concepts to find the most economically viable second life applications. The analysis concluded three second life business concepts in the initial phase. In the later phases, individual business model canvases and different reverse logistics processes were created, mapped, compared, and validated through quantitative analysis. The analysis show that out of three concepts remanufacturing application proved to be the most applicable one for the case company, within a range of 15 years' time. The paper contributes to the theory of circular business models in the context of EV batteries. |
Similar Articles
| ID | Score | Article |
|---|---|---|
29578
|
Eleftheriadis, P; Leva, S; Gangi, M; Rey, AV; Borgo, A; Coslop, G; Groppo, E; Grande, L; Sedzik, M Second Life Batteries: Current Regulatory Framework, Evaluation Methods, and Economic Assessment(2024)Ieee Industry Applications Magazine, 30.0, 1 | |
| 8811
|
McCrossan, C; Shankaravelu, K A Review of the Second Life Electric Vehicle Battery Landscape from a Business and Technology Perspective(2021) | |
| 1401
|
Wrålsen, B; O'Born, R Use of life cycle assessment to evaluate circular economy business models in the case of Li-ion battery remanufacturing(2023)International Journal Of Life Cycle Assessment, 28, 5 | |
| 21474
|
Schulz-Mönninghoff, M; Bey, N; Norregaard, PU; Niero, M Integration of energy flow modelling in life cycle assessment of electric vehicle battery repurposing: Evaluation of multi-use cases and comparison of circular business models(2021) | |
| 78140
|
Jiao, N; Evans, S Business models for sustainability: the case of second-life electric vehicle batteries(2016) | |
| 6875
|
Michelini, E; Höschele, P; Ratz, F; Stadlbauer, M; Rom, W; Ellersdorfer, C; Moser, J Potential and Most Promising Second-Life Applications for Automotive Lithium-Ion Batteries Considering Technical, Economic and Legal Aspects(2023)Energies, 16, 6 | |
| 68987
|
Li, JW; He, SC; Yang, QQ; Wei, ZB; Li, Y; He, HW A Comprehensive Review of Second Life Batteries Toward Sustainable Mechanisms: Potential, Challenges, and Future Prospects(2023)Ieee Transactions On Transportation Electrification, 9, 4 | |
| 75059
|
Rufino, CA; Sanseverino, ER; Gallo, P; Koch, D; Kotak, Y; Schweiger, HG; Zanin, H Towards a business model for second-life batteries-barriers, opportunities, uncertainties, and technologies(2023) | |
| 29246
|
Chirumalla, K; Kulkov, I; Vu, F; Rahic, M Second life use of Li-ion batteries in the heavy-duty vehicle industry: Feasibilities of remanufacturing, repurposing, and reusing approaches(2023) | |
| 27482
|
Olsson, L; Fallahi, S; Schnurr, M; Diener, D; van Loon, P Circular Business Models for Extended EV Battery Life(2018)Batteries-Basel, 4.0, 4 |