- UL and Hyundai will harness their collective worldwide presence to help extend the reach of their collaboration globally with the intent to help further SLBESS marketplace adoption
- Innovative energy storage solutions are expected to become a key component of the electricity grid, boosting reliability and helping to integrate renewable energy sources, such as wind and solar
UL and Hyundai Motor Company have entered into an agreement to help further the safe deployment and use of second life battery energy storage systems (SLBESS). UL and Hyundai will collaborate on SLBESS initiatives, including safety testing and assessment, a North America demonstration project and evaluation process development. UL and Hyundai will harness their collective worldwide presence to help extend the reach of their collaboration globally with the intent to help further SLBESS marketplace adoption.
Sajeev Jesudas, executive vice president and chief commercial officer at UL said, “Reusing batteries in secondary applications is a promising strategy to help combat climate change and carbon emissions. We are excited about our collaboration with Hyundai and how we are joining together to consider second life battery applications as well as their safety and performance potential.”
The concept of giving a second life to electric vehicle (EV) batteries consists of reusing the batteries that no longer meet the requirements of automotive applications, but which could still be used on less-demanding grid-connected energy storage applications. Innovative energy storage solutions are expected to become a key component of the electricity grid, boosting reliability and helping to integrate renewable energy sources, such as wind and solar.
Youngcho Chi, president and chief innovation officer of Hyundai Motor Group added, “We look forward to enhancing the safety and reliability of second life battery energy storage systems through our collaboration with UL, the global safety science leader.”