As the EV battery market is seeing that we don't have enough batteries to meet the needs of the United States, repurposing is giving the industry a huge lift to ensure these batteries are being used to their end of life to bridge the power gap. IT Asset Partners (ITAP) is a leading end-to-end recy-cler that specializes in repurposing batteries of all levels and sustainably taking them to their end of life. With a unique business model, ITAP repurposes batteries into several different markets, replacing lead-acid in all their applications, and building megawatt containers for grid stabilization and supercharging these second-life lithium batteries. When the batteries reach their end of life, ITAP takes them to their duty-free zone in Panama and crushes them into black mass. This black mass is then sold back to Automotive OEMs to make new batteries, allowing for a U.S. subsidy from the government. ITAP's efforts in the EV battery marketplace have been driving the reuse of batteries in North America and have reused over 400 megawatts of power.
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