Japanese automaker is teaming with Swiss company to create more efficient, multi-purpose energy storage device.

Nissan is teaming up with Swiss power company ABB to create an EV battery that can be reused outside of cars. According to a recent article on CNET.com, the battery is, “workable for many [other] energy storage applications, such as home batteries or buffering the distribution grid.” Along with improving the environment, the project hopes to create an incentive for auto customers who are thinking about purchasing an electric car. Owners will be able to resell their cars’ battery, which drops to 70 percent capacity after about ten years. The financial return could be lucrative for auto owners because car batteries — usually worth a few thousand dollars — are the most expensive part of an electric car.

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