Honda, Mitsubishi Corp sign pact to optimise use of EV batteries

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Honda, Mitsubishi Corp sign pact to optimise use of EV batteries
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Japanese automaker Honda Motor and trading house Mitsubishi Corp have signed a pact to explore new businesses using electric vehicle (EV) batteries, the...

TOKYO - Japanese automaker Honda Motor and trading house Mitsubishi Corp have signed a pact to explore new businesses using electric vehicle batteries, the companies said on Thursday.

Under their memorandum of understanding, the companies look to set up a business in monitoring usage of Honda's mini-EV model battery and transferring the auto battery to stationary energy storage, they said.They will also seek to co-operate in "smart charging" that automatically adjusts the timing of EV charge for efficiency and the "Vehicle to Grid" system, a technology that supplies electricity stored in EVs to the grid.

"Somebody most likely took that deer out of the wild as a fawn and tried to keep it as a pet and put a collar on it," the Missouri Dept. of Conservation shared

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