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The Nexus
BUSINESSJul 29 · 16:00 UTCBUSINESS INSIDERAlistair Barr ([email protected])

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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