From a Volvo Group standpoint, different initiatives are running looking into second life application of EV batteries. One example of such an initiative is Battery Loop (cooperation btw Stena Recycling and Volvo Bus Corporation) enabling reuse of EV batteries for energy storage purposes. Within Volvo CE we are, in collaboration with Volvo Energy, investigating the possibility to reuse degraded batteries in customer solutions to serve other energy storage and energy generation needs. Going forward, it is within the scope of Volvo Energy to further define and develop the business and infrastructure regarding second use of batteries.