Honda and American Electric Power are working on research for a network of used electric vehicle (EV) batteries that could be integrated into AEP's electricity system.
Both parties will reap learnings from the pilot project, which will allow them to develop technology and standards for future vehicle grid integration, and new business models to augment the value of electric vehicles.
“Together with AEP, we are exploring opportunities to use the 2nd life battery to improve energy security, reduce CO2 and prepare for broad-scale electrification of the transportation ecosystem,” said Ryan Harty, manager of connected and environmental business, American Honda Motor. “Neither automakers nor utilities can address these complex technical, policy and business issues alone.”
“AEP is focused on building a smarter, cleaner energy grid and putting in place new technologies that will benefit our customers. We are excited about the possibilities of this collaboration as we work to create the energy system for the future,” said Ram Sastry, AEP's vice president of innovation and technology.