July 13, 2015 – Mitsubishi Motors Corp. (MMC) and Mitsubishi Corp. (MC) have launched a joint demonstration project for utilizing used lithium-ion batteries from electric-powered vehicles “to demonstrate efficient and economically feasible energy management practices based on the optimization of electricity storage, charging and generation technology with respect to existing demand”.

The project will be executed in partnership with Electricité de France (EDF), Forsee Power and PSA Peugeot Citroën, and will be inaugurated September 2015 at Forsee Power’s new HQ near Paris (France).

The system includes the following:

• High-voltage (330V) energy storage system made from Peugeot iOn, Citroën C-Zero and MMC i-MiEV used automotive battery packs.
• Low-voltage (48V) energy storage system use of new automotive batteries.
• Bi-directional battery energy consumption optimization (car to building and building to car).

By combining their expertise in electric-powered vehicle sales, energy storage systems and the electric power industry, the parties aim to establish a “realistic and economically viable business model”.

Image courtesy Mitsubishi