Demand Soars for Used EV Batteries
The market for secondhand electric vehicle batteries is heating up in Australia, creating a new industry that barely existed two years ago. Traditionally, written-off vehicles at salvage auctions attracted interest only from wreckers or car enthusiasts. Today, a very different type of buyer is turning up, focused on one valuable component: the powerful lithium batteries inside electric cars. These batteries are proving useful well beyond their original purpose. While they may no longer meet the demanding requirements of powering a vehicle, many still have significant capacity left. That remaining energy is being repurposed for solar storage, off-grid systems, and even…