Market Overview:

Vehicle-to-Grid (V2G) technology enables the bi-directional flow of electricity between electric vehicles (EVs) and the power grid, allowing EVs to not only draw power from the grid but also supply excess power back to it. This technology offers several advantages, including grid stabilization, demand response, and cost savings for EV owners. With the increasing adoption of EVs worldwide, the demand for V2G technology is surging as it allows vehicle owners to ... Read more

The vehicle to grid technology market is estimated to be valued at US$ 119.1 Mn in 2023 and is expected to exhibit a CAGR of 43% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Vehicle to grid (V2G) technology refers to a system in which plug-in electric vehicles, such as electric cars, electric buses and electric trucks, communicate with the power grid to sell demand response services by ... Read more