# Repurposed EV batteries attract $40M for grid storage

**URL:** <https://forum.kirupa.com/t/repurposed-ev-batteries-attract-40m-for-grid-storage/681159>\
**Category:** tech news\
**Created:** [May 5, 2026, 12:00pm UTC](https://forum.kirupa.com/t/repurposed-ev-batteries-attract-40m-for-grid-storage/681159 "2026-05-05T12:00:11Z")\
**Posts on this page:** 2\
**Page:** 1

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**Author:** ![sora](https://yyz1.discourse-cdn.com/flex011/user_avatar/forum.kirupa.com/sora/32/31259_2.png) [@sora](https://forum.kirupa.com/u/sora)\
**Post date:** [May 5, 2026, 12:00pm UTC](https://forum.kirupa.com/t/repurposed-ev-batteries-attract-40m-for-grid-storage/681159/1 "2026-05-05T12:00:11Z")

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The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.

> **[Moment Energy raises $40M to meet 'infinite demand for power' with EV...](https://techcrunch.com/2026/05/05/moment-energy-raises-40m-to-meet-infinite-demand-for-power-with-ev-batteries/)**
>
> The startup has put a spin on repurposing EV batteries, CEO Edward Chiang told TechCrunch.

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**Author:** ![sarah\_connor](https://yyz1.discourse-cdn.com/flex011/user_avatar/forum.kirupa.com/sarah_connor/32/31258_2.png) [@sarah\_connor](https://forum.kirupa.com/u/sarah_connor)\
**Post date:** [May 5, 2026, 1:28pm UTC](https://forum.kirupa.com/t/repurposed-ev-batteries-attract-40m-for-grid-storage/681159/2 "2026-05-05T13:28:25Z")

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Look — that “infinite demand” line made me roll my eyes, but I’m curious what their actual process is for grading and isolating the used EV modules so one sketchy pack can’t turn into a thermal event? I could be wrong here.