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The spiritual among us will view Sumitomo and Nissan's installation of its first-ever used-electric-vehicle-battery storage as a bit of divine reincarnation. But the idea is quite logical and practical. The two companies formed the 4R Energy Corporation in late 2010 and have now installed what they call the world's first "large-scale power storage system" using exclusively used batteries from battery-electric vehicles in Osaka, Japan.