Hitachi High-Tech develops method to fast-test used EV batteries

Growing pile of old li-ion cells charges market for recycled energy

20201218 HITACHI BATTERY

Hitachi High-Tech forecasts the annual global market for testing batteries will reach between $4.8 billion and $9.66 billion by 2030.

MASAYA SATO, Nikkei staff writer

TOKYO -- Hitachi High-Tech has developed a way to quickly evaluate the degradation and life span of lithium-ion batteries used in electric vehicles.

The new method reduces the time it takes to test li-ion batteries, from several hours to a few minutes or even seconds, Hitachi High-Tech said. The company hopes to drive demand in the growing market for used EV batteries, which can find new life in forklifts and other industrial equipment, as well as home energy storage.

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