Electric carmaker Coda Automotive thinks its car batteries are versatile enough to buffer the electric grid.
The company today announced a venture called Coda Energy, a business unit created to build stationary energy storage systems.
The expertise Coda acquired in designing lithium ion batteries for electric vehicles translates directly to the grid energy storage world, the company said. Its battery system includes an active thermal management to keep batteries at a safe temperature and it has a manufacturing partnership with Lishen in China to make products at large scale. It plans to make modular energy storage systems that can be … Read more