B2U's Plan to Transform More Depleted Electric Car Batteries into Solar Storage

Sarah Favot

Favot is an award-winning journalist and adjunct instructor at USC's Annenberg School for Communication and Journalism. She previously was an investigative and data reporter at national education news site The 74 and local news site LA School Report. She's also worked at the Los Angeles Daily News. She was a Livingston Award finalist in 2011 and holds a Master's degree in journalism from Boston University and BA from the University of Windsor in Ontario, Canada.

B2U's Plan to Transform More Depleted Electric Car Batteries into Solar Storage

Nissan Leaf's were one of the first mass-marketed electric vehicles to hit the market. Now, as their first generation batteries are reaching the end of their ability to power electric vehicles, the question has become what to do with tens of thousands of batteries piling up.


One Santa Monica-based company, B2U Storage Solutions, has found a solution: transforming these batteries and those from other car manufacturers into storage for solar energy, effectively creating an 8.5 megawatt solar power plant in the Lancaster desert. The stored solar energy can then be sold to the grid to power the region in the evenings, when the demand for electricity is high and energy from the sun isn't available.

With a state ban on the sale of new gasoline-powered cars set to take effect by 2035, millions of electric vehicles are expected to be sold in California in the coming years. It's created a headache for policymakers who are grappling with how to regulate the disposal of these batteries.

Worried about the glut of batteries, state Assemblymembers Brian Dahle and Phil Ting wrote legislation that was signed into law in 2018 aimed at creating a plan. The Lithium-Ion Car Battery Recycling Advisory Group, consisting of car manufacturers, the salvage industry, recyclers and nonprofits and facilitated by the California Environmental Protection Agency, are studying what regulations should be in place when it comes to the disposal of EV batteries.

"With California continuing to expand its rollout of zero-emission vehicles, it is critical that we as a state prepare for the large-scale battery recycling necessary to accommodate the transition to greener technology," said Mark Isaac Isidro, legislative director for Assemblyman Tom Lackey, a co-author of the bill whose district includes Lancaster.

Recycling lithium-ion batteries can be tricky because they are comprised of metals like lithium, cobalt and nickel that are difficult to recycle. The battery cells are also glued together with strong adhesives, making it hard to separate them. It is often cheaper to mine new metals.

But energy storage is one solution.

B2U CEO Freeman Hall is making a pitch that the batteries should be given a second life before they're recycled.

"We're helping gain that trust with the [original equipment manufacturers] because they're such an important voice in how the rules will get written on lifecycle management and we want to make sure that they understand that reuse is a very good place to go when risk is managed appropriately," he said. "And we think we can be the leading reuse provider for batteries in second life stationary storage and we think that we have a good business model to manage that risk at scale."

Hall said his business sits at the intersection of two big societal and environmental needs: transforming the power sector into renewable energy and transitioning the transportation sector toward electrification.

Maria Xylia, a research fellow at SEI - Stockholm Environment Institute and co-author of a report called "Beyond the Tipping Point: Future Energy Storage," agrees. Batteries are often considered useless for cars after they reach 80% of their battery capacity, she said.

"So that means that you have a whole lot left which is not applicable for car vehicle applications, but it's great for stationary storage and all these other opportunities, so why waste this opportunity?," she said. "It's a great way of handling the question of what you do with batteries and improving even more the environmental benefits from electrification in the transport market."

And investors are watching. B2U recently closed a nearly $10 million Series A raise that will help it expand its capacity at the Lancaster site and to bring on another site in Southern California by the second or third quarter of next year. The round was led by the power division of Japanese trading conglomerate Marubeni.

By this time next year, Hall plans to produce about a total of 50 megawatt hours with both projects.

The Lancaster array contains about 500 batteries. By early next year, Hall expects that number to reach 1,000.

Hall said the typical cost of recycling a battery is $500 to $700. If the batteries can be reused, it will reduce the cost of recycling.

"We can pay for those batteries rather than OEMs having to pay for the recycling," he said.

B2U purchases the batteries from manufacturers like Nissan, typically when they're at 65% of their capacity or greater. Hall said he's looking at salvage yards as another supplier; that's generally where cars end up that can no longer run because of powertrain issues, for example.

The batteries are kept in their original casing, eliminating the need to repurpose them, and placed into large cabinets that are wired to each other, using the company's proprietary technology, to create a large-scale energy storage system.

The batteries slowly charge during the day and once the sun goes down, B2U sells the energy to the grid when wholesale market prices are more expensive.

Aging studies conducted by B2U show that each battery can run for about 2,000 cycles before they are no longer useful. Each day is about 1 cycle, resulting in an additional five and a half years of use.

"Things are working very well. We're making pretty good money and we do believe we're proving our thesis that our proprietary technology using these second-life batteries is going to be a lower cost and we will be able to sort of demonstrate the reliability and performance over time of the solution," Hall said.

🤠Musk Picks Texas and 🔥Tinder AI Picks Your Profile Pictures
Image Source: Tinder

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Tinder is altering dating profile creation with its new AI-powered Photo Selector feature, designed to help users choose their most appealing dating profile pictures. This innovative tool employs facial recognition technology to curate a set of up to 10 photos from the user's device, streamlining the often time-consuming process of profile setup. To use the feature, users simply take a selfie within the Tinder app and grant access to their camera roll. The AI then analyzes the photos based on factors like lighting and composition, drawing from Tinder's research on what makes an effective profile picture.

The selection process occurs entirely on the user's device, ensuring privacy and data security. Tinder doesn't collect or store any biometric data or photos beyond those chosen for the profile, and the facial recognition data is deleted once the user exits the feature. This new tool addresses a common pain point for users, as Tinder's research shows that young singles typically spend about 25 to 33 minutes selecting a profile picture. By automating this process, Tinder aims to reduce profile creation time and allow users to focus more on making meaningful connections.

In wholly unrelated news, Elon Musk has announced plans to relocate the headquarters of X (formerly Twitter) and SpaceX from California to Texas. SpaceX will move from Hawthorne to Starbase, while X will shift from San Francisco to Austin. Musk cited concerns about aggressive drug users near X's current headquarters and a new California law regarding gender identity notification in schools as reasons for the move. This decision follows Musk's previous relocation of Tesla's headquarters to Texas in 2021.

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  • Penguin Random House agreed to acquire comic book publisher Boom! Studios from backers like Walt Disney Co. - learn more

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Top LA Accelerators that Entrepreneurs Should Know About

Los Angeles, has a thriving startup ecosystem with numerous accelerators, incubators, and programs designed to support and nurture new businesses. These programs provide a range of services, including funding, mentorship, workspace, networking opportunities, and strategic guidance to help entrepreneurs develop their ideas and scale their companies.


Techstars Los Angeles

Techstars is a global outfit with a chapter in Los Angeles that opened in 2017. It prioritizes local companies but will fund some firms based outside of LA.

Location: Culver City

Type of Funding: Pre-seed, early stage

Focus: Industry Agnostic

Notable Past Companies: StokedPlastic, Zeno Power


Grid110

Grid110 offers no-cost, no-equity programs for entrepreneurs in Los Angeles, including a 12-week Residency accelerator for early-stage startups, an Idea to Launch Bootcamp for pre-launch entrepreneurs, and specialized programs like the PledgeLA Founders Fund and Friends & Family program, all aimed at providing essential skills, resources, and support to help founders develop and grow their businesses.

Location: DTLA

Type of Funding: Seed, early stage

Focus: Industry Agnostic

Notable Past Companies: Casetify, Flavors From Afar


Idealab

Idealab is a renowned startup studio and incubator based in Pasadena, California. Founded in 1996 by entrepreneur Bill Gross, Idealab has a long history of nurturing innovative technology companies, with over 150 startups launched and 45 successful IPOs and acquisitions, including notable successes like Coinbase and Tenor.

Location: Pasadena

Type of Funding: Stage agnostic

Focus: Industry Agnostic, AI/Robotics, Consumer, Clean Energy

Notable Past Companies: Lumin, Coinbase, Tenor


Plug In South LA

Plug In South LA is a tech accelerator program focused on supporting and empowering Black and Latinx entrepreneurs in the Los Angeles area. The 12-week intensive program provides early-stage founders with mentorship, workshops, strategic guidance, potential pilot partnerships, grant funding, and networking opportunities to help them scale their businesses and secure investment.

Location: Los Angeles

Type of Funding: Pre-seed, seed

Focus: Industry Agnostic, Connection to South LA and related communities

Notable Past Companies: ChargerHelp, Peadbo


Cedars-Sinai Accelerator

The Cedars-Sinai Accelerator is a three-month program based in Los Angeles that provides healthcare startups with $100,000 in funding, mentorship from over 300 leading clinicians and executives, and access to Cedars-Sinai's clinical expertise and resources. The program aims to transform healthcare quality, efficiency, and care delivery by helping entrepreneurs bring their innovative technology products to market, offering participants dedicated office space, exposure to a broad network of healthcare entrepreneurs and investors, and the opportunity to pitch their companies at a Demo Day.

Location: West Hollywood

Type of Funding: Seed, early stage, convertible note

Focus: Healthcare, Device, Life Sciences

Notable Past Companies: Regard, Hawthorne Effect


MedTech Innovator

MedTech Innovator is the world's largest accelerator for medical technology companies, based in Los Angeles, offering a four-month program that provides selected startups with unparalleled access to industry leaders, investors, and resources without taking equity. The accelerator culminates in showcase events and competitions where participating companies can win substantial non-dilutive funding, with the program having a strong track record of helping startups secure FDA approvals and significant follow-on funding.

Location: Westwood

Type of Funding: Seed, early stage

Focus: Health Care, Health Diagnostics, Medical Device

Notable Past Companies: Zeto, Genetesis


KidsX

The KidsX Accelerator in Los Angeles is a 10-week program that supports early-stage digital health companies focused on pediatric care, providing mentorship, resources, and access to a network of children's hospitals to help startups validate product-market fit and scale their solutions. The accelerator uses a reverse pitch model, where participating hospitals identify focus areas and work closely with selected startups to develop and pilot digital health solutions that address specific pediatric needs.

Location: East Hollywood

Type of Funding: Pre-seed, seed, early stage

Focus: Pediatric Health Care Innovation

Notable Past Companies: Smileyscope, Zocalo Health


Disney Accelerator

Disney Accelerator is a startup accelerator that provides early-stage companies in the consumer media, entertainment and technology sectors with mentorship, guidance, and investment from Disney executives. The program, now in its 10th year, aims to foster collaborations and partnerships between innovative technology companies and The Walt Disney Company to help them accelerate their growth and bring new experiences to Disney audiences.

Location: Burbank

Type of Funding: Growth stage

Focus: Technology and entertainment

Notable Past Companies: Epic Games, BRIT + CO, CAMP


Techstars Space Accelerator

Techstars Space Accelerator is a startup accelerator program focused on advancing the next generation of space technology companies. The three-month mentorship-driven program brings together founders from across the globe to work on big ideas in aerospace, including rapid launch services, precision-based imaging, operating systems for complex robotics, in-space servicing, and thermal protection.

Location: Los Angeles

Type of Funding: Growth stage

Focus: Aerospace

Notable Past Companies: Pixxel, Morpheus Space



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🚁 One Step Closer to Air Taxis in LA
Image Source: Joby Aviation

🔦 Spotlight

Joby Aviation, a pioneering electric air taxi company, has achieved a significant milestone by successfully flying a hydrogen-electric aircraft demonstrator for 523 miles with only water as a byproduct. This groundbreaking flight showcases the potential for emissions-free regional travel using vertical take-off and landing (eVTOL) aircraft, eliminating the need for traditional runways. The company's innovative approach combines its existing battery-electric air taxi technology with hydrogen fuel cells, paving the way for longer-range, environmentally friendly air travel.

For LA residents, this development holds exciting implications for future transportation options. Joby's technology could potentially enable direct flights from LA to destinations like San Francisco or San Diego without the need to visit conventional airports, offering a cleaner and more convenient alternative to current travel methods. The company's progress in both battery-electric and hydrogen-electric aircraft positions it at the forefront of next-generation aviation, promising to revolutionize urban and regional mobility.

Notably, Joby Aviation has already made strides in Southern California by securing an agreement with John Wayne Airport earlier this year to install the region's first electric air taxi charger. This strategic move sets the stage for LA to be among the initial markets where Joby will launch its electric air taxi service. With plans to commence commercial operations as early as 2025 using its battery-electric air taxi, LA residents may soon have access to a fast, quiet, and environmentally friendly mode of transportation that could significantly reduce travel times and traffic congestion in the region. In the not too distant future, LA might find itself in an identity crisis without traffic and excess smog 🤞🤞.


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