BUSINESSBUSINESS INSIDER
AI's power crunch could get a boost from old EV batteries
Redwood Materials is repurposing used electric vehicle (EV) batteries for electricity storage to address rising power demands from AI data centers. The company estimates 1 terawatt-hour of used EV battery capacity could be available in the US by 2040, with second-life batteries potentially supplying half of the country's energy storage demand in the early 2030s.
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- GM eyes new battery chemistry to grow AI data center, energy storage business
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- After Struggling With EVs, US Automakers Pivot to Energy
- GM joins race to build batteries for AI data centers and the grid
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