financetom
Technology
financetom
/
Technology
/
B2U and Waymo Launch Landmark Partnership to Give Autonomous Fleet Batteries a Second Life
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
B2U and Waymo Launch Landmark Partnership to Give Autonomous Fleet Batteries a Second Life
Jun 4, 2026 4:16 AM

LOS ANGELES, June 04, 2026 (GLOBE NEWSWIRE) -- B2U Storage Solutions today announced a strategic supply agreement with Waymo, the leader in autonomous vehicle technology, to repurpose batteries from their fleet of electric vehicles once retired from automotive use. The used battery packs will be installed into battery energy storage systems interconnected to the electric grid and will provide valuable grid services in electricity markets from California to Texas—supporting the same electricity grids where Waymo’s autonomous fleet is already active.

This landmark partnership creates a sustainable pipeline for used electric vehicle batteries, fortifying local power grids with reliable energy storage and directly addressing electronic waste. The initiative will transition thousands of retired vehicles from the road to the power sector. B2U’s cost-effective technology repurposes EV batteries into safe, high-performing battery energy storage systems, capturing residual value that would otherwise be lost in direct recycling. B2U manages the units through their second life, ensuring proper recycling after the batteries’ residual value has been realized. This approach maximizes the utility of the batteries as affordable, bankable alternatives to batteries built from new materials.

“This agreement marks a significant milestone in B2U’s mission to provide integrated repurposing services to the automotive industry,” said Freeman Hall, CEO of B2U Storage Solutions. “By extending the use of these batteries as grid storage, we are monetizing the full potential of EV batteries, now providing crucial stability to the power grid as energy demand continues to grow.”

The repurposing process extends the functional life of the lithium-ion batteries by several years. Once deployed as stationary storage, the systems will capture excess renewable energy during periods of low demand and dispatch it during peak usage times, providing necessary capacity to the power grid and serving local communities.

“Our shared fleet of EVs provide a massive opportunity to support the growth of clean energy on the electricity grid while expanding the circular economy,” said Adam Lenz, Head of Sustainability & Environment at Waymo. “Through this partnership, we can repurpose our batteries for local grid storage and ensure our batteries continue to provide economic and environmental value to the community long after they’ve retired from the road.”

About B2U Storage Solutions

B2U Storage Solutions manufactures, develops, deploys and operates Battery Energy Storage Systems with our patent pending EV Pack Storage “EPS” technology and integrated repurposing services, leveraging repurposed EV batteries. Our proven, bankable energy storage solutions provide a safe, affordable, and circular alternative for grid-scale projects, leveraging a reliable domestic battery supply.

Media inquiries for B2U: [email protected]

About Waymo

Waymo is the world’s leading autonomous driving technology company, delivering over 500,000 fully autonomous trips per week across 10 cities. Driven by a mission to be the World’s Most Trusted Driver, Waymo is committed to improving safety and mobility for all. Waymo’s sustainability initiatives focus on expanding access to shared electric mobility and fostering walkable, bikeable, and transit-rich communities.

Media inquiries for Waymo: [email protected]; [email protected]

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/3666c5cf-bef2-44b0-950c-6455d86a36fb

https://www.globenewswire.com/NewsRoom/AttachmentNg/daccac3a-15f4-4ed4-b051-7acc56a636c0

Image: https://www.globenewswire.com/newsroom/ti?nf=OTczMTQ3MiM3NjM1NDI4IzUwMDExMzQ0Ng==

Image: https://ml.globenewswire.com/media/Mzk0MTA0ZDYtMTgxMS00Mzk1LTg2YzAtMDZkNmJmMzc1OGE3LTUwMDExMzQ0Ni0yMDI2LTA2LTA0LWVu/tiny/B2U-Storage-Solutions-Inc.png Image: Primary Logo

B2U Lancaster Overhead forklift with EV pack

Image: https://ml.globenewswire.com/media/3666c5cf-bef2-44b0-950c-6455d86a36fb/medium/b2u-lancaster-overhead-forklift-with-ev-pack.jpg

Bringing a Waymo battery in for B2U EV Pack System installation
Donte and Freeman inspecting a B24 in Lancaster

Image: https://ml.globenewswire.com/media/daccac3a-15f4-4ed4-b051-7acc56a636c0/medium/donte-and-freeman-inspecting-a-b24-in-lancaster.jpg

B2U’s patented EV Pack Storage System manages packs in series and parallel strings for optimal performance.

Source: B2U Storage Solutions, Inc

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
A Glimpse Into The Expert Outlook On TTM Technologies Through 4 Analysts
A Glimpse Into The Expert Outlook On TTM Technologies Through 4 Analysts
May 25, 2025
4 analysts have expressed a variety of opinions on TTM Technologies ( TTMI ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat...
A Peek at DuPont de Nemours's Future Earnings
A Peek at DuPont de Nemours's Future Earnings
May 25, 2025
DuPont de Nemours ( DD ) is gearing up to announce its quarterly earnings on Friday, 2025-05-02. Here's a quick overview of what investors should know before the release. Analysts are estimating that DuPont de Nemours ( DD ) will report an earnings per share (EPS) of $0.95. The market awaits DuPont de Nemours's ( DD ) announcement, with hopes...
4 Analysts Assess FormFactor: What You Need To Know
4 Analysts Assess FormFactor: What You Need To Know
May 25, 2025
Ratings for FormFactor ( FORM ) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0...
Expert Outlook: Alkami Technology Through The Eyes Of 5 Analysts
Expert Outlook: Alkami Technology Through The Eyes Of 5 Analysts
May 25, 2025
In the last three months, 5 analysts have published ratings on Alkami Technology ( ALKT ) , offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish...
Copyright 2023-2026 - www.financetom.com All Rights Reserved