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Korea

LG Chem to develop ESS using old EV batteries

South Korea's LG Chem Ltd. signed a memorandum of understanding (MOU) with Renault Samsung Motors on the development of an energy storage system (ESS) based on the use of old electric vehicle (EV) batteries. Under the deal, Renault Samsung is going to provide old batteries collected from 40 units of the SM3 E.Z. to L....

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