Electric cars are more expensive than gasoline models largely because batteries cost so much. But new technology could turn those pricey devices into an.
Bidirectional Charging: Bidirectional, or vehicle-to-grid (V2G), charging lets EV owners charge at overnight off-peak rates then sell power back to grids at a profit during peak hours.
Automakers and utilities are gearing up for V2G technology, enabling EV owners to sell power back to grids. Major players like GM, Ford, Volkswagen, and Nuvve are actively involved in this evolving landscape of bidirectional charging.
LONDON : Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect.Bidirectional, or vehicle-to-grid (V2G), charging lets EV owners charge at o
Automakers hope for new profit stream from bidirectional EV charging autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.