Bringing batteries back from the dead. I'm David Brancaccio. A new factory will bring new life to old electric vehicle batteries turning them into longer term energy storage.

This week the Energy Department announced a

20 million dollar grant to partially finance a conversion plant in Texas. It's part of

an emerging EV battery reuse ecosystem. Here's Marketplace's Elizabeth Troval. The factory in Taylor, Texas

will be run by Moment Energy. CEO Edward Chang says it will use old batteries

for less stressful kinds of energy storage.

Like powering commercial buildings,

E.V. chargers and whatnot.

And eventually backup power at utility scale.

Any natural disasters and the grid breaks down

will then you can discharge the energy back into the grid to recharge it.

Repurposing is vital from an environmental perspective, says Jessica Dunn with the union of concerned scientists.

Even if a battery is at like 70, 80, even lower percent capacity, It's basically more environmentally friendly to

repurpose that battery instead of sending it directly to recycling. But these

are early days and there are many hurdles to overcome before 2030 when we're

expected to see much bigger waves of retired EV batteries come through.

I'm Elizabeth Troval per marketplace. A crypto-based market where you can

place bets on who wins. Kamala Harris or Donald Trump is now putting the

odds of a Trump victory at 2 out of 3 66 percent. Now if every

person who will vote on election day we're placing an equal wager this would be

predictive but as it stands polymarket as it's called is the sum of the hunches of people who are partial to

cryptocurrency. Public opinion polls may not be reliable either but those show

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