V2G could become a necessity in an EV-dominated landscape

Insights
AutotechInsight Weekly

A stable electric vehicle (EV) charging infrastructure will be one of the key aspects to ensure EV adoption, and it will need equally strong support from utility grids to operate efficiently. Vehicle-to-grid, or V2G, technology is seen by many as a potential solution to reduce the pressure on the grids and increase stability

The current global electricity production of more than 26,000 terawatt-hours (TWh) just about meets the global demand. The demand is mostly from the industrial segment and the transportation segment’s contribution is negligible. However, the demand from the transportation segment is certainly going to rapidly increase in the coming years as EVs gain a bigger market share in the automotive industry. A strong EV charging infrastructure will be one of the key aspects to ensure EV adoption, and it will need equally strong support from utility grids to operate efficiently.

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