Latest news with #EVSE
Business Wire
5 days ago
- Automotive
- Business Wire
MaxLinear and Comtrend Announce Availability of EV Charging Station Powerline Data Modules
CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear, Inc. (Nasdaq: MXL) and Comtrend announced today the availability of ITU-T standards-based powerline data modules for EV Charging Stations (EVSE) backend communication, including data centers and smart parking extensions. Using MaxLinear technology (data-over-powerline), Comtrend's innovative powerline data module series collects and transfers data from power meters in EV charging infrastructure (EVSE) and IoT devices without the need for new cable installations. Comtrend leverages existing electrical powerlines for data communication, providing a scalable and hassle-free solution. This approach is particularly effective in underground concrete environments, where charging stations are frequently installed and other technologies lack reliability. Comtrend PM 1540 key benefits include: - No new wiring required – uses existing electrical wires for data transmission. - Lower latency, higher speeds, and greater stability than traditional methods. - Real-time connectivity. - Significant cost savings vs. LAN, Wi-Fi, or 4G solutions. - Simplified installation — reduced complexity, time, and no need for additional infrastructure. - Supports an electric wire domain of up to 250 nodes for large-scale deployments. - Strong signal transmission reaching up to 700 meters with up to 16 levels of signal repetition. For additional information on the Comtrend PM 1540: Watch the overview video Download the datasheet 'The electric vehicle industry has grown at an unprecedented rate in recent years. We are thrilled to partner with Comtrend to accelerate the installation of EV charging stations, addressing the industry's needs and meeting the rapidly increasing demand,' said Vikas Choudhary, Vice President of Connectivity and Storage Business at MaxLinear. Our product portfolio addresses a wide range of applications, including industrial IoT and Smart Grids, to proactively support the digital transformation of the industry.' 'Comtrend's Powerline Data Modules, powered by MaxLinear's cutting-edge technology, provide high-speed, secure, and reliable wired communication between EV charging stations and the smart grid,' said Vaclav Slehofer, Managing Director and Vice President of Comtrend Europe. 'By partnering with MaxLinear, we're bringing to market a cost-effective, easy-to-deploy and future-ready solution that ensures robust data connectivity for the evolving landscape of smart EV charging infrastructure.' Why MaxLinear for EV Charging? The versatility of the technology standard provides ultra-fast and reliable network connectivity for a wide range of markets and applications. works over any wiring infrastructure – coax, telephone wire, powerline, or Power-over-Fiber (POF). achieves very low latency while enforcing comprehensive Quality of Service (QoS) and delivering Gigabit speeds under any packet size. MaxLinear's baseband processors and analog front-end chipsets are fully ITU compliant and deliver physical data rates up to 2Gbps, the fastest performance in the industry. Deploying MaxLinear for EV charging stations enables seamless interoperability, efficiency, and low-cost deployments. Visit for an overview of MaxLinear's solutions. Why Comtrend for EV Charging? Comtrend EVSE solutions provide enhanced interoperability, integrating with various EV charging brands and smart grid systems, ensuring compatibility across different platforms and technologies. Comtrend's products are available now. For a full overview of Comtrend solutions for EV charging and other industrial IoT solutions, click here for more information. About MaxLinear, Inc. MaxLinear, Inc. (Nasdaq: MXL) is a leading provider of radio frequency (RF), analog, digital, and mixed-signal integrated circuits for access and connectivity, wired and wireless infrastructure, and industrial and multimarket applications. MaxLinear is headquartered in Carlsbad, California. For more information, please visit About Comtrend Comtrend has over 30 years of experience delivering high-quality broadband networking solutions to Service Providers. Comtrend offers a comprehensive lineup of solutions ranging from gateways to networking devices that provide clever coverage to innovative use cases or difficult-to-reach areas. Contact us today to learn more at Comtrend is a Member of the HomeGrid Forum. Cautionary Note About Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, among others, statements concerning or implying future financial performance, statements relating to MaxLinear's technology and the functionality, performance and benefits of such technology, statements about the potential market opportunity and rate of growth for MaxLinear's technology, statements relating to the partnership between MaxLinear and Comtrend, statements by our Vice President of Connectivity and Storage business and statements by the Managing Director and Vice President of Comtrend Europe. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements and our future financial performance and operating results forecasts generally. Forward-looking statements are based on management's current, preliminary expectations and are subject to various risks and uncertainties. In particular, our future operating results are substantially dependent on our assumptions about market trends and conditions. Additional risks and uncertainties affecting our business, future operating results and financial condition include, without limitation; risks relating to the development, testing, and commercial introduction of new products and product functionalities; risks relating to our relationship with Comtrend; risks relating to our terminated merger with Silicon Motion and related arbitration and class action complaint and the risks related to potential payment of damages; the effect of intense and increasing competition; increased tariffs, export controls or imposition of other trade barriers; impacts of global economic conditions; the cyclical nature of the semiconductor industry; a significant variance in our operating results and impact on volatility in our stock price, and our ability to sustain our current level of revenue, which has previously declined, and/or manage future growth effectively, and the impact of excess inventory in the channel on our customers' expected demand for certain of our products and on our revenue; escalating trade wars, military conflicts and other geopolitical and economic tensions among the countries in which we conduct business; our ability to obtain or retain government authorization to export certain of our products or technology; risks related to the loss of, or a significant reduction in orders from major customers; costs of legal proceedings or potential violations of regulations; information technology failures; a decrease in the average selling prices of our products; failure to penetrate new applications and markets; development delays and consolidation trends in our industry; inability to make substantial research and development investments; delays or expenses caused by undetected defects or bugs in our products; substantial quarterly and annual fluctuations in our revenue and operating results; failure to timely develop and introduce new or enhanced products; order and shipment uncertainties; failure to accurately predict our future revenue and appropriately budget expenses; lengthy and expensive customer qualification processes; customer product plan cancellations; failure to maintain compliance with government regulations; failure to attract and retain qualified personnel; any adverse impact of rising interest rates on us, our customers, and our distributors and related demand; risks related to compliance with privacy, data protection and cybersecurity laws and regulations; risks related to conforming our products to industry standards; risks related to business acquisitions and investments; claims of intellectual property infringement; our ability to protect our intellectual property; risks related to security vulnerabilities of our products; use of open source software in our products; and failure to manage our relationships with, or negative impacts from, third parties. In addition to these risks and uncertainties, investors should review the risks and uncertainties contained in our filings with the Securities and Exchange Commission, including our Current Reports on Form 8-K, as well as the information to be set forth under the caption "Risk Factors" in MaxLinear's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. All forward-looking statements are based on the estimates, projections and assumptions of management as of the date of this press release, and MaxLinear is under no obligation (and expressly disclaims any such obligation) to update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.
Yahoo
29-05-2025
- Business
- Yahoo
Vehicle-to-Grid (V2G) Market to Soar to USD 109.94 Billion by 2033, Driven by 30.2% CAGR
Vehicle-to-Grid (V2G) Market Overview (2025–2033) Luton, Bedfordshire, United Kingdom, May 29, 2025 (GLOBE NEWSWIRE) -- The vehicle-to-grid (V2G) market is set for significant expansion, projected to grow at a CAGR of 30.2% between 2025 and 2033, reaching a valuation of over USD 109.94 billion by 2033 from USD 7.37 billion in 2025. V2G is an advanced energy management solution that enables bi-directional energy exchange between electric vehicles (EVs) and the power grid. This technology leverages the stored energy in EV batteries to support grid operations during peak demand or emergencies, while also enabling vehicles to draw power when needed. V2G is gaining traction as a critical component of the renewable energy ecosystem, offering grid stabilization, cost optimization, and emission-free energy distribution. Get a Sample PDF Brochure: The market is being driven by the increasing deployment of smart grids, widespread adoption of electric vehicles, and growing concerns about energy sustainability. The integration of bidirectional charging stations further enhances the potential of V2G systems by allowing vehicles to store and supply excess energy to the grid. Advances in battery technology, coupled with the development of Vehicle-to-Everything (V2X) systems, are expected to propel market growth. However, challenges such as inadequate infrastructure, lack of standardization, and high implementation costs remain significant barriers to widespread adoption. Market Segmentation: 1. By Solution Type Hardware Bidirectional Chargers Smart Meters Inverters EVSE (Electric Vehicle Supply Equipment) Software Energy Management Systems Vehicle Aggregation Platforms Grid Integration Software Services Installation & Integration Services Maintenance & Support V2G Aggregator Services 2. By Vehicle Type Battery Electric Vehicles (BEVs) Plug-in Hybrid Electric Vehicles (PHEVs) Fuel Cell Electric Vehicles (FCEVs) Light Commercial Vehicles (LCVs) Heavy Commercial Vehicles (HCVs) Passenger Cars 3. By Charging Type Unidirectional Charging (V1G) Smart Charging (Grid to Vehicle) Bidirectional Charging (V2G) Vehicle-to-Grid (V2G) Vehicle-to-Home (V2H) Vehicle-to-Building (V2B) Vehicle-to-Load (V2L) 4. By Application Peak Load Management Backup Power Supply Frequency Regulation Energy Trading Renewable Energy Integration 5. By End User Residential Commercial Fleets Utilities Public Infrastructure Providers Government & Municipalities 6. By Region North America U.S. Canada Europe Germany UK France Norway Netherlands Asia Pacific China Japan South Korea Australia Latin America Brazil Mexico Middle East & Africa UAE South Africa By Solution Type: Among the various solution types, Electric Vehicle Supply Equipment (EVSE) dominates the market. EVSE serves as the fundamental interface between the EV and the power grid, enabling both charging and discharging processes. With increasing investments in renewable energy infrastructure, the demand for EVSE has surged due to its role in facilitating smart energy flow. Other key solutions include smart meters, home energy management (HEM) systems, and advanced software platforms for grid integration and data management. By Vehicle Type: Plug-in Hybrid Electric Vehicles (PHEVs) represent the largest share within the vehicle-type segment. Their ability to operate using both internal combustion engines and battery power makes them versatile and energy-efficient. Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) also contribute significantly to the V2G ecosystem, particularly as governments incentivize cleaner alternatives to traditional vehicles. By Charging Type: Bidirectional charging has emerged as a key growth area, allowing EVs not only to receive power from the grid but also to return it during peak times. This dual functionality is essential for grid stability, especially with increasing reliance on intermittent renewable sources like solar and wind. Unidirectional charging, while still prevalent, is gradually being supplemented by the superior capabilities of bidirectional systems. Regional Analysis North America: North America, particularly the U.S. and Canada, is at the forefront of V2G adoption, accounting for a substantial market share. The region benefits from strong government support, progressive regulatory frameworks, and widespread EV infrastructure. Strategic collaborations between automotive manufacturers and energy companies are accelerating the deployment of V2G solutions. Europe: Europe holds more than 35% of the V2G market and is projected to maintain steady growth throughout the forecast period. The region's leadership stems from stringent emissions regulations, attractive incentives for EV ownership, and significant investments in clean energy. Countries like the Netherlands, Germany, and the UK are pioneering pilot programs and commercial deployments of V2G technologies. Asia-Pacific: The Asia-Pacific region is witnessing rapid growth, driven by massive EV adoption in countries such as China, Japan, and South Korea. Government initiatives promoting renewable energy integration and smart city development are further contributing to the regional expansion of the V2G market. Latin America, Middle East & Africa: Although still emerging, these regions present untapped potential due to their increasing urbanization, growing demand for energy security, and youth-driven EV adoption trends. National energy strategies focusing on sustainability are expected to stimulate future market growth. Buy Now : Key Players: Nissan Motor Corporation Tesla, Inc.: Nuvve Corporation Enel X ABB Ltd. Mitsubishi Motors Corporation BMW Group Hyundai Motor Company Honda Motor Co., Ltd. Hitachi Energy Daimler AG General Motors Company Proterra Inc. Stellantis N.V. Siemens AG ENGIE Group OVO Energy EDF Energy The Mobility House U.K. plc: Recent Developments: 1. Nissan Motor Corporation Nissan continues to lead in V2G innovation. In October 2024, the company became an equal investor in ChargeScape, a V2G integration platform alongside BMW, Ford, and Honda. ChargeScape facilitates communication between EVs and utility companies, allowing for managed home charging and energy redistribution back to the grid during peak demand periods. Nissan plans to introduce ChargeScape's services to its EV customers in the U.S. and Canada upon completion of the investment transaction. 2. Mitsubishi Motors Corporation Mitsubishi is actively promoting V2G technology in Australia. In 2025, Mitsubishi Motors Australia's CEO, Shaun Westcott, advocated for government subsidies to support bi-directional EV charging, positioning it as a transformative technology akin to rooftop solar systems. Bi-directional charging enables electricity to flow between EVs and homes, potentially creating a circular energy system that uses solar power to charge cars during the day and draws energy from car batteries at night. 3. Electrovaya Electrovaya, a Canadian battery technology firm, is expanding its role in the V2G market. In November 2024, the company entered into an agreement with a European automaker to supply battery systems for new V2G-capable EV models, expanding its footprint in the automotive sector. In January 2025, Electrovaya announced plans to increase production capacity to meet the growing demand for its battery systems, signaling confidence in market expansion. 4. Mobilize (Renault Group) Mobilize, Renault's mobility brand, is integrating V2G capabilities into its offerings. In June 2023, Mobilize announced its Powerbox bidirectional charging station as part of the launch of the new Renault 5 electric. In 2024, the Renault 5 with Mobilize V2G technology will offer to save money by plugging in the car. The two-way system will transform the electric city car into an energy supplier. 5. China's National Development and Reform Commission (NDRC) In April 2025, China's NDRC announced plans to initiate pilot projects in nine cities to utilize electric vehicles (EVs) as batteries to stabilize the power grid during peak demand periods. These efforts follow last year's regulatory framework aimed at integrating new energy vehicles with the grid, addressing concerns about the rapid adoption of EVs potentially overwhelming energy systems. The 30 projects, located in cities like Beijing, Shanghai, Shenzhen, and Guangzhou, will primarily feature V2G technology, where cars store and return electricity to the grid and adjust their charging times to avoid peak hours. This report is also available in the following languages : Japanese (車両から電力網へ（V2G）市場), Korean (차량-전력망(V2G) 시장), Chinese (车辆到电网 (V2G) 市场), French (Marché du véhicule vers le réseau (V2G)), German (Vehicle-to-Grid (V2G)-Markt), and Italian (Mercato Vehicle-to-Grid (V2G)), etc. Get a Sample PDF Brochure: More Research Finding – EV Smart Charge Controller MarketThe global market for Electric Vehicle (EV) Smart Charge Controllers is projected to reach a value of approximately USD 2.5 billion in 2024. The market is expected to witness robust growth, with a projected value of around USD 7.5 billion by 2034. This growth translates to a Compound Annual Growth Rate (CAGR) of 12.1% from 2025 to Parking Meter Device MarketThe global parking meter device market is poised to reach approximately USD 2 billion in 2024, driven by the increasing adoption of smart city initiatives and enhanced parking management systems. Forecasts indicate a robust growth trajectory, with a projected market value of around USD 3.6 billion by 2034. This growth translates to a Compound Annual Growth Rate (CAGR) of about 6.3% from 2025 to Gas Flow Meters MarketThe global gas flow meter market is poised for significant growth, valued at approximately $3.2 billion in 2024. This market is anticipated to reach around $5.1 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period from 2025 to Painlessly Blood Glucose Meter MarketThe global painless blood glucose meter market is poised for significant growth, with a current estimated value of approximately $8 billion in 2024. By 2034, this market is projected to reach around $20 billion, indicating robust expansion driven by increasing diabetes prevalence and a growing demand for non-invasive monitoring solutions. The Compound Annual Growth Rate (CAGR) for the forecast period from 2025 to 2034 is anticipated at 9.5%. Din Rail Energy Meter MarketThe global DIN Rail Energy Meter market is valued at approximately $1.2 billion, reflecting robust growth driven by the increasing demand for energy efficiency and smart grid technology. The market is projected to reach around $2.4 billion by 2034, indicating a compound annual growth rate (CAGR) of about 7.3% during the forecast period from 2025 to Multi-Tariff Energy Meter MarketThe global multi-tariff energy meter market is valued at approximately $1.8 billion, driven by rising demand for energy efficiency, advancements in smart metering technologies, and regulatory mandates promoting renewable energy integration. The market is projected to grow significantly, reaching an estimated $3.5 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 7.2% over the forecast period from 2025 to Digital Multi-function Meter MarketThe global digital multi-function meter market is poised to reach an estimated value of $5.4 billion in 2024, driven by increasing demand for accurate energy management and monitoring. With growing emphasis on energy efficiency and renewable energy integration, the market is projected to expand at a robust CAGR of 7.8%, reaching approximately $10.5 billion by Multispace Parking Meter MarketThe global multispace parking meter market is valued at approximately $1.2 billion, reflecting a steady integration of advanced technologies in urban infrastructure. The market is projected to reach about $2.6 billion by 2034, demonstrating significant growth driven by the increasing demand for smart city solutions and efficient urban mobility management. This corresponds to a Compound Annual Growth Rate (CAGR) of around 8.2% during the forecast period from 2025 to Fully Electronic Smart Meters MarketThe global fully electronic smart meter market is valued at approximately $22 billion in 2024, with a projected market value of around $36 billion by 2034. This growth trajectory indicates a robust demand for smart metering solutions, driven by the increasing need for advanced utility management systems. The market is expected to experience a Compound Annual Growth Rate (CAGR) of around 5.1% during the forecast period from 2025 to Single-phase Meter Market The global single-phase meter market is poised to reach approximately $10 billion in 2024, driven by rising energy consumption, the proliferation of smart grid technologies, and government initiatives promoting energy efficiency. The market is projected to expand significantly, with an estimated value of around $15 billion by 2034, reflecting growing demand for advanced metering 3-Phase Meter MarketThe global 3-phase meter market is poised to reach approximately $1.5 billion in 2024, with an anticipated rise to $2.4 billion by 2034. This trajectory reflects a Compound Annual Growth Rate (CAGR) of around 5.0% from 2025 to 2034, driven by accelerating demand for efficient energy management and smart grid Water Utility Monitoring System Market The water utility monitoring system market is valued at approximately $5 billion in 2024, with projections estimating a substantial increase to around $10 billion by 2034. This growth trend indicates a Compound Annual Growth Rate (CAGR) of about 7.2% during the forecast period from 2025 to US Smart Meters Market The U.S. smart meter market is projected to reach approximately $7.5 billion in 2024, bolstered by increasing demand for energy efficiency and grid modernization. The market is anticipated to grow significantly from 2025 to 2034, with a projected value of about $13.5 billion by the end of the forecast period, resulting in a Compound Annual Growth Rate (CAGR) of around 6.5%. Smart Energy MarketThe global smart energy market is poised for substantial growth, with an estimated market value of $280 billion in 2024. Projected trends indicate this value could reach approximately $680 billion by 2034, reflecting an impressive Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period of 2025– Electricity Trading Market The global electricity trading market is estimated to reach $1.2 trillion in 2024, reflecting a robust recovery post-pandemic as countries transition to more sustainable energy frameworks. The market is projected to expand significantly, with an anticipated value of approximately $2.5 trillion by 2034, representing a Compound Annual Growth Rate (CAGR) of about 8.1% during the forecast period from 2025 to Smart Meters MarketThe global smart meter market is projected to reach approximately $22.4 billion in 2024, driven by increasing adoption of advanced metering infrastructure and demand for efficient energy management solutions. The market is expected to witness substantial growth, with a projected value of around $42.1 billion by 2034, reflecting a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2025 to US Smart Power Distribution System MarketThe US smart power distribution system market is valued at approximately $11.4 billion in 2024, driven by the increasing adoption of smart grid technologies and rising investments in renewable energy infrastructure. The market is projected to reach approximately $22.1 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of about 7.0% during the forecast period from 2025 to Advanced Metering Infrastructure MarketThe global advanced metering infrastructure (AMI) market is valued at approximately $15 billion in 2024, driven by the rapid digitalization of utilities and the increasing demand for smart grid solutions. As energy providers seek efficiency in operational processes, the AMI market is projected to grow to about $30 billion by 2034, reflecting a robust increase. The compound annual growth rate (CAGR) for this period is estimated at 7.2%, fueled by advancements in IoT technologies and heightened regulatory support for sustainable Digital Utility MarketThe global digital utility market is valued at approximately $600 billion in 2024, driven by increasing demand for energy efficiency and smart infrastructure. The market is poised for substantial growth, projecting to reach around $1 trillion by 2034, with a Compound Annual Growth Rate (CAGR) of about 6.3% during the forecast period (2025–2034). CONTACT: Contact Data Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in to access your portfolio
Yahoo
29-05-2025
- Business
- Yahoo
Vehicle-to-Grid (V2G) Market to Soar to USD 109.94 Billion by 2033, Driven by 30.2% CAGR
Vehicle-to-Grid (V2G) Market Overview (2025–2033) Luton, Bedfordshire, United Kingdom, May 29, 2025 (GLOBE NEWSWIRE) -- The vehicle-to-grid (V2G) market is set for significant expansion, projected to grow at a CAGR of 30.2% between 2025 and 2033, reaching a valuation of over USD 109.94 billion by 2033 from USD 7.37 billion in 2025. V2G is an advanced energy management solution that enables bi-directional energy exchange between electric vehicles (EVs) and the power grid. This technology leverages the stored energy in EV batteries to support grid operations during peak demand or emergencies, while also enabling vehicles to draw power when needed. V2G is gaining traction as a critical component of the renewable energy ecosystem, offering grid stabilization, cost optimization, and emission-free energy distribution. Get a Sample PDF Brochure: The market is being driven by the increasing deployment of smart grids, widespread adoption of electric vehicles, and growing concerns about energy sustainability. The integration of bidirectional charging stations further enhances the potential of V2G systems by allowing vehicles to store and supply excess energy to the grid. Advances in battery technology, coupled with the development of Vehicle-to-Everything (V2X) systems, are expected to propel market growth. However, challenges such as inadequate infrastructure, lack of standardization, and high implementation costs remain significant barriers to widespread adoption. Market Segmentation: 1. By Solution Type Hardware Bidirectional Chargers Smart Meters Inverters EVSE (Electric Vehicle Supply Equipment) Software Energy Management Systems Vehicle Aggregation Platforms Grid Integration Software Services Installation & Integration Services Maintenance & Support V2G Aggregator Services 2. By Vehicle Type Battery Electric Vehicles (BEVs) Plug-in Hybrid Electric Vehicles (PHEVs) Fuel Cell Electric Vehicles (FCEVs) Light Commercial Vehicles (LCVs) Heavy Commercial Vehicles (HCVs) Passenger Cars 3. By Charging Type Unidirectional Charging (V1G) Smart Charging (Grid to Vehicle) Bidirectional Charging (V2G) Vehicle-to-Grid (V2G) Vehicle-to-Home (V2H) Vehicle-to-Building (V2B) Vehicle-to-Load (V2L) 4. By Application Peak Load Management Backup Power Supply Frequency Regulation Energy Trading Renewable Energy Integration 5. By End User Residential Commercial Fleets Utilities Public Infrastructure Providers Government & Municipalities 6. By Region North America U.S. Canada Europe Germany UK France Norway Netherlands Asia Pacific China Japan South Korea Australia Latin America Brazil Mexico Middle East & Africa UAE South Africa By Solution Type: Among the various solution types, Electric Vehicle Supply Equipment (EVSE) dominates the market. EVSE serves as the fundamental interface between the EV and the power grid, enabling both charging and discharging processes. With increasing investments in renewable energy infrastructure, the demand for EVSE has surged due to its role in facilitating smart energy flow. Other key solutions include smart meters, home energy management (HEM) systems, and advanced software platforms for grid integration and data management. By Vehicle Type: Plug-in Hybrid Electric Vehicles (PHEVs) represent the largest share within the vehicle-type segment. Their ability to operate using both internal combustion engines and battery power makes them versatile and energy-efficient. Battery Electric Vehicles (BEVs) and Fuel Cell Electric Vehicles (FCEVs) also contribute significantly to the V2G ecosystem, particularly as governments incentivize cleaner alternatives to traditional vehicles. By Charging Type: Bidirectional charging has emerged as a key growth area, allowing EVs not only to receive power from the grid but also to return it during peak times. This dual functionality is essential for grid stability, especially with increasing reliance on intermittent renewable sources like solar and wind. Unidirectional charging, while still prevalent, is gradually being supplemented by the superior capabilities of bidirectional systems. Regional Analysis North America: North America, particularly the U.S. and Canada, is at the forefront of V2G adoption, accounting for a substantial market share. The region benefits from strong government support, progressive regulatory frameworks, and widespread EV infrastructure. Strategic collaborations between automotive manufacturers and energy companies are accelerating the deployment of V2G solutions. Europe: Europe holds more than 35% of the V2G market and is projected to maintain steady growth throughout the forecast period. The region's leadership stems from stringent emissions regulations, attractive incentives for EV ownership, and significant investments in clean energy. Countries like the Netherlands, Germany, and the UK are pioneering pilot programs and commercial deployments of V2G technologies. Asia-Pacific: The Asia-Pacific region is witnessing rapid growth, driven by massive EV adoption in countries such as China, Japan, and South Korea. Government initiatives promoting renewable energy integration and smart city development are further contributing to the regional expansion of the V2G market. Latin America, Middle East & Africa: Although still emerging, these regions present untapped potential due to their increasing urbanization, growing demand for energy security, and youth-driven EV adoption trends. National energy strategies focusing on sustainability are expected to stimulate future market growth. Buy Now : Key Players: Nissan Motor Corporation Tesla, Inc.: Nuvve Corporation Enel X ABB Ltd. Mitsubishi Motors Corporation BMW Group Hyundai Motor Company Honda Motor Co., Ltd. Hitachi Energy Daimler AG General Motors Company Proterra Inc. Stellantis N.V. Siemens AG ENGIE Group OVO Energy EDF Energy The Mobility House U.K. plc: Recent Developments: 1. Nissan Motor Corporation Nissan continues to lead in V2G innovation. In October 2024, the company became an equal investor in ChargeScape, a V2G integration platform alongside BMW, Ford, and Honda. ChargeScape facilitates communication between EVs and utility companies, allowing for managed home charging and energy redistribution back to the grid during peak demand periods. Nissan plans to introduce ChargeScape's services to its EV customers in the U.S. and Canada upon completion of the investment transaction. 2. Mitsubishi Motors Corporation Mitsubishi is actively promoting V2G technology in Australia. In 2025, Mitsubishi Motors Australia's CEO, Shaun Westcott, advocated for government subsidies to support bi-directional EV charging, positioning it as a transformative technology akin to rooftop solar systems. Bi-directional charging enables electricity to flow between EVs and homes, potentially creating a circular energy system that uses solar power to charge cars during the day and draws energy from car batteries at night. 3. Electrovaya Electrovaya, a Canadian battery technology firm, is expanding its role in the V2G market. In November 2024, the company entered into an agreement with a European automaker to supply battery systems for new V2G-capable EV models, expanding its footprint in the automotive sector. In January 2025, Electrovaya announced plans to increase production capacity to meet the growing demand for its battery systems, signaling confidence in market expansion. 4. Mobilize (Renault Group) Mobilize, Renault's mobility brand, is integrating V2G capabilities into its offerings. In June 2023, Mobilize announced its Powerbox bidirectional charging station as part of the launch of the new Renault 5 electric. In 2024, the Renault 5 with Mobilize V2G technology will offer to save money by plugging in the car. The two-way system will transform the electric city car into an energy supplier. 5. China's National Development and Reform Commission (NDRC) In April 2025, China's NDRC announced plans to initiate pilot projects in nine cities to utilize electric vehicles (EVs) as batteries to stabilize the power grid during peak demand periods. These efforts follow last year's regulatory framework aimed at integrating new energy vehicles with the grid, addressing concerns about the rapid adoption of EVs potentially overwhelming energy systems. The 30 projects, located in cities like Beijing, Shanghai, Shenzhen, and Guangzhou, will primarily feature V2G technology, where cars store and return electricity to the grid and adjust their charging times to avoid peak hours. This report is also available in the following languages : Japanese (車両から電力網へ（V2G）市場), Korean (차량-전력망(V2G) 시장), Chinese (车辆到电网 (V2G) 市场), French (Marché du véhicule vers le réseau (V2G)), German (Vehicle-to-Grid (V2G)-Markt), and Italian (Mercato Vehicle-to-Grid (V2G)), etc. Get a Sample PDF Brochure: More Research Finding – EV Smart Charge Controller MarketThe global market for Electric Vehicle (EV) Smart Charge Controllers is projected to reach a value of approximately USD 2.5 billion in 2024. The market is expected to witness robust growth, with a projected value of around USD 7.5 billion by 2034. This growth translates to a Compound Annual Growth Rate (CAGR) of 12.1% from 2025 to Parking Meter Device MarketThe global parking meter device market is poised to reach approximately USD 2 billion in 2024, driven by the increasing adoption of smart city initiatives and enhanced parking management systems. Forecasts indicate a robust growth trajectory, with a projected market value of around USD 3.6 billion by 2034. This growth translates to a Compound Annual Growth Rate (CAGR) of about 6.3% from 2025 to Gas Flow Meters MarketThe global gas flow meter market is poised for significant growth, valued at approximately $3.2 billion in 2024. This market is anticipated to reach around $5.1 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 5.1% during the forecast period from 2025 to Painlessly Blood Glucose Meter MarketThe global painless blood glucose meter market is poised for significant growth, with a current estimated value of approximately $8 billion in 2024. By 2034, this market is projected to reach around $20 billion, indicating robust expansion driven by increasing diabetes prevalence and a growing demand for non-invasive monitoring solutions. The Compound Annual Growth Rate (CAGR) for the forecast period from 2025 to 2034 is anticipated at 9.5%. Din Rail Energy Meter MarketThe global DIN Rail Energy Meter market is valued at approximately $1.2 billion, reflecting robust growth driven by the increasing demand for energy efficiency and smart grid technology. The market is projected to reach around $2.4 billion by 2034, indicating a compound annual growth rate (CAGR) of about 7.3% during the forecast period from 2025 to Multi-Tariff Energy Meter MarketThe global multi-tariff energy meter market is valued at approximately $1.8 billion, driven by rising demand for energy efficiency, advancements in smart metering technologies, and regulatory mandates promoting renewable energy integration. The market is projected to grow significantly, reaching an estimated $3.5 billion by 2034, reflecting a robust Compound Annual Growth Rate (CAGR) of 7.2% over the forecast period from 2025 to Digital Multi-function Meter MarketThe global digital multi-function meter market is poised to reach an estimated value of $5.4 billion in 2024, driven by increasing demand for accurate energy management and monitoring. With growing emphasis on energy efficiency and renewable energy integration, the market is projected to expand at a robust CAGR of 7.8%, reaching approximately $10.5 billion by Multispace Parking Meter MarketThe global multispace parking meter market is valued at approximately $1.2 billion, reflecting a steady integration of advanced technologies in urban infrastructure. The market is projected to reach about $2.6 billion by 2034, demonstrating significant growth driven by the increasing demand for smart city solutions and efficient urban mobility management. This corresponds to a Compound Annual Growth Rate (CAGR) of around 8.2% during the forecast period from 2025 to Fully Electronic Smart Meters MarketThe global fully electronic smart meter market is valued at approximately $22 billion in 2024, with a projected market value of around $36 billion by 2034. This growth trajectory indicates a robust demand for smart metering solutions, driven by the increasing need for advanced utility management systems. The market is expected to experience a Compound Annual Growth Rate (CAGR) of around 5.1% during the forecast period from 2025 to Single-phase Meter Market The global single-phase meter market is poised to reach approximately $10 billion in 2024, driven by rising energy consumption, the proliferation of smart grid technologies, and government initiatives promoting energy efficiency. The market is projected to expand significantly, with an estimated value of around $15 billion by 2034, reflecting growing demand for advanced metering 3-Phase Meter MarketThe global 3-phase meter market is poised to reach approximately $1.5 billion in 2024, with an anticipated rise to $2.4 billion by 2034. This trajectory reflects a Compound Annual Growth Rate (CAGR) of around 5.0% from 2025 to 2034, driven by accelerating demand for efficient energy management and smart grid Water Utility Monitoring System Market The water utility monitoring system market is valued at approximately $5 billion in 2024, with projections estimating a substantial increase to around $10 billion by 2034. This growth trend indicates a Compound Annual Growth Rate (CAGR) of about 7.2% during the forecast period from 2025 to US Smart Meters Market The U.S. smart meter market is projected to reach approximately $7.5 billion in 2024, bolstered by increasing demand for energy efficiency and grid modernization. The market is anticipated to grow significantly from 2025 to 2034, with a projected value of about $13.5 billion by the end of the forecast period, resulting in a Compound Annual Growth Rate (CAGR) of around 6.5%. Smart Energy MarketThe global smart energy market is poised for substantial growth, with an estimated market value of $280 billion in 2024. Projected trends indicate this value could reach approximately $680 billion by 2034, reflecting an impressive Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period of 2025– Electricity Trading Market The global electricity trading market is estimated to reach $1.2 trillion in 2024, reflecting a robust recovery post-pandemic as countries transition to more sustainable energy frameworks. The market is projected to expand significantly, with an anticipated value of approximately $2.5 trillion by 2034, representing a Compound Annual Growth Rate (CAGR) of about 8.1% during the forecast period from 2025 to Smart Meters MarketThe global smart meter market is projected to reach approximately $22.4 billion in 2024, driven by increasing adoption of advanced metering infrastructure and demand for efficient energy management solutions. The market is expected to witness substantial growth, with a projected value of around $42.1 billion by 2034, reflecting a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2025 to US Smart Power Distribution System MarketThe US smart power distribution system market is valued at approximately $11.4 billion in 2024, driven by the increasing adoption of smart grid technologies and rising investments in renewable energy infrastructure. The market is projected to reach approximately $22.1 billion by 2034, reflecting a Compound Annual Growth Rate (CAGR) of about 7.0% during the forecast period from 2025 to Advanced Metering Infrastructure MarketThe global advanced metering infrastructure (AMI) market is valued at approximately $15 billion in 2024, driven by the rapid digitalization of utilities and the increasing demand for smart grid solutions. As energy providers seek efficiency in operational processes, the AMI market is projected to grow to about $30 billion by 2034, reflecting a robust increase. The compound annual growth rate (CAGR) for this period is estimated at 7.2%, fueled by advancements in IoT technologies and heightened regulatory support for sustainable Digital Utility MarketThe global digital utility market is valued at approximately $600 billion in 2024, driven by increasing demand for energy efficiency and smart infrastructure. The market is poised for substantial growth, projecting to reach around $1 trillion by 2034, with a Compound Annual Growth Rate (CAGR) of about 6.3% during the forecast period (2025–2034). CONTACT: Contact Data Irfan Tamboli (Head of Sales) Phone: + 1704 266 3234 Email: sales@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Irish Examiner
15-05-2025
- Automotive
- Irish Examiner
How to install an EV charger at your home or rental property
One of the greatest deterrents to going electric driving remains the poor, if developing, infrastructure of public chargers in Ireland. You can pay a fraction per kw/hour to charge your personal or company vehicle, with prices including VAT as low as 8c per kW/hour. With a massive 77kW battery capable of 500km plus per full charge, this equates to just over €6. Do you have to have a home charger installed? Granny cables (EVSE) are available for all EVs but can only download 2.3kW per hour through a 13A three-pin plug. That's horrendously slow, and a potential fire hazard used long-term. Plans and grants When planning to install an EV charging point, you don't have to have even bought a BEV (fully electric battery vehicle) or a PHEV (plug-in hybrid electric/petrol vehicle) to avail yourself of the SEAI funding. Grant or not, building new or doing renovations to outbuildings and surrounding grounds, the installation of an EV charging point (even just having the cabling put in place for future use) makes sense. Without last-minute foot-to-the-floor reverses across the European Union, in the 2030s, the sale of fossil-fuel cars will be banned. The €300 EV charger grant is attached to the property via its MPRN — the number identifying your meter point as installed by ESB Networks. If you have used the grant in the past, and moved, if there's no EV charging point installed at your new home, or there was a previous installation without SEAI grant aid being used (requiring an upgrade) you can apply. The charger can be used by residents and visitors, including renters, if you are a landlord. Third-party applications will need to supply their CRO number to the SEAI. SEAI grants are only based on 'off-street parking'. If you have only on-street parking on the far side of public pavement, talk to your management company or local authority about potential solutions. Don't assume you can run or suspend a charging cable across a public pavement, installing a charger on a public kerb. Get advice from suppliers on what's permissible using buried conduits, operation codes, and then approach the planning office yourself. You will generally require either full PP or a declaration that this is an exempted development once you go over your own garden wall. Using the Apartment Charging Grant, 80% of the infrastructure costs, plus €600 per charger, can be awarded by the SEAI for chargers on the grounds of a residential development. Dedicated apps The new Shared Charging Pilot Scheme is on the way, and this will mean drivers will be able to book a charging slot through a dedicated app in exchange for a fee for more cost-effective charging when you don't have a home charger on hand. On The Pat Kenny Show on Newstalk in March, motoring expert Ger Herbert said the Department has yet to fully publish details of the scheme. 'It is basically like an Airbnb in the sense that it gives drivers more places to charge and homeowners a chance to earn extra income,' she said. Current private models of charger offer full app operation, delaying or starting charges to take advantage of cheap time-of-use tariffs, and solar gain if you have PV-solar. Some homeowners utilise their Wi-Fi network, while others prefer to operate their charger via a 3G/4G SIM card. We have a Zappi here at Castle Kya. It has proved reliable and idiot-proof, and the quality of the interface on the unit is very user-friendly. A smart home app can be used to integrate your EV charger into an interface showing various appliances in action, monitoring their performance and tweaking their controls as needed using Google Home or Alexa. Your choice of charge is 3.6kW per hour or around 7kW per hour, with most drivers opting for faster juice. Talk to your supplier about the benefits of a tethered or untethered charger (sometimes chosen for a family with multiple, different models of EV). Where to put an EV charger So, where should the EV charger go? Any reputable company will offer a complimentary survey, but you can expect to supply some photographs and measurements. Ideally, the charger installation will be close to where the car is parked and the main fuseboard in the house if it's accessible, leaving many installations on the house (as that's where the car is parked most of the time). We preferred to have the EV charger at the back of the garage, out of sight, and taken through the ESB meter point, as that's where our cars already are. Where wall mounting is not preferred, a charger can be mounted on a pedestal rather than a wall. Pedestals range somewhere around €400, depending on their design and any challenges on site. There should be some sort of electrical survey done before installation of the EV to ensure your meter board, for instance, is suitable and safe to include the charger. An integrated demand management switch in a modern EV charger will ensure you don't exceed the 12kWh most homes can use before tripping the electrics of the whole house. Protection and certs Every charger that's grant-aided through the SEAI will be installed by a Safe Electric Ireland-registered electrician (RECI) and sourced from a reputable maker and supplier as standard. If you decide to upgrade or install new without grant aid, follow the same protections promoted by the SEAI. You have six months from the SEAI letter of offer to have your installation completed, and don't start work before that's received. For a swift grant payment, ensure your RECI electrician completes the Installation Details form completely, including the test record sheet, and Certificate No.3 (for Safe Electric Ireland). Copies of invoices and some photographs will also be forwarded to the SEAI. Most suppliers will walk you through the process. On your side, ensure that you have completed the Request for Payment form in full. My three top tips As an early adopter of a fully electric BEV, I have three key pieces of advice to share. Firstly, keep an eye on that regular three or four-hour overnight charge pf 7.4kW/hour. If you take an extra-long journey, you may want to charge for longer than the EV-boost period of your power supplier in the early hours of the next morning to truly top up. Finding you have half a battery charge at 7.30am when you're rushing to work and know you will be doing an extra school run? Disaster in a car with a moderate range under 300km, even at full charge. Secondly, if you have solar-PV, manage expectations when it comes to charging your car directly from the roof or a ground-mounted array. Bar high summer and long days with the car parked up, the actual solar gain is paltry for most users. I would be delighted to get 4kW/hour into the jalopy in August. If you're able to make 20c-plus from the Microgeneration Support Scheme per kW/hour, dropping excess units created in high summer into the car doesn't make any sense. Finally, with any EV charger, take a glance at the operating pad to ensure it's actually up and running when you plug in, or you could be walking to the dawn bus. See for more details
Yahoo
18-03-2025
- Automotive
- Yahoo
Is the Big Turnoff of Federal EV Chargers Truly Under Way?
President Trump has stopped charging station subsidies and wants to roll back the Biden-era plan to reach 50% EVs sold in the US by 2030. NPR cited an internal GSA memo saying, 'All existing charging stations that are deemed not to be mission-critical should be disconnected from the network and turned off.' Trump's directive could result in many federal EVs being sold off at bargain prices, costing the government up to $1 billion, according to some reports. Despite having Elon Musk at his right hand—and personally buying a Tesla recently—President Donald Trump doesn't much like EVs. 'They don't go far. They cost a fortune,' he said at one rally. In Iowa he said, 'Electric cars are good if you have a towing company.' And in Michigan, 'You go all-electric so you can drive for 15 minutes before you have to get a charge.' In his first term, Trump tried unsuccessfully to take away California's ability to set stricter fuel economy/emissions standards, and now he's working on that again. In office for the second time, he's stopped charging station subsidies and wants to roll back the Biden-era plan to reach 50% EVs sold in the US by 2030. But is he actually going much further and disconnecting existing federal chargers and selling off the government's EV fleet? Maybe, but it depends on your interpretation of cryptic government directives. Wasting no time, on January 20, Trump issued an executive order titled 'Unleashing American Energy' that vowed to eliminate the 'electric vehicle (EV) mandate' and promote true consumer choice, which is essential for economic growth and innovation, 'by removing regulatory barriers to motor vehicle access.' This was followed by a sweeping General Services Administration (GSA) order issued shortly after Trump took office. The GSA manages 650,000 vehicles, about two-thirds of the federal fleet. The GSA directive implementing Trump's executive order said the 'policy allows GSA to support customer agency mission-critical vehicle charging using existing equipment at federally owned facilities under GSA's jurisdiction, custody, and control and to discontinue the use of non-mission critical EVSE [chargers].' In a letter to Trump, Representative Debbie Dingell (D-MI) stated, 'Your administration claims to be committed to eliminating waste, fraud, and abuse, but dismantling federal charging stations and offloading the federal EV fleet is fiscally irresponsible.' On March 12, NPR cited an internal GSA memo from Michael Peters, the Trump-appointed commissioner of the GSA's Public Buildings Service, stating, 'All existing charging stations that are deemed not to be mission-critical should be disconnected from the network and turned off.' Orders for new EVs and charging stations were reportedly 'temporarily suspended,' according to an internal memo from GSA Acting Administrator Stephen Ehikian. That 'mission critical' order is, of course, subject to interpretation. A federal agency might say all of its EVs are necessary to fulfill its mandate, or it could say none of them are. Colorado Public Radio reported on March 12 that all of the 22 charging stations at 11 places on the Denver Federal Center campus were being shut down. That news was picked up widely in national publications and on YouTube. The Big Turnoff had started! If Trump is indeed planning to shut down every federal charging station and sell all government EVs, it would take as many as 8,000 Level Two chargers out of service. It also would result in many EVs being sold off at bargain prices, costing the government up to $1 billion, according to some reports. But nothing that sweeping has actually happened yet. The GSA's acting press secretary, Will Powell, issued a statement at the end of February saying the agency was still determining what was and wasn't mission critical. 'At this time, no action has been taken regarding EVSE at federal buildings across the country,' his statement said. And for Autoweek, the GSA elaborated a little, saying, 'Some EVSE were turned off at the Denver Federal Center as a result of a contract cancelation in compliance with [the] Executive Order. No other action has been taken at this time regarding existing EVSE. GSA is working with our partners to confirm existing equipment is mission critical.' It's not clear how many of the Denver center's chargers are now disconnected, but many are apparently inoperable now. A member of the 60-member Denver Electric Vehicle Council, Aaron Botnick, told Autoweek via email, 'According to [the locate-a-charger app] PlugShare, the ChargePoint unit was used on March 13, but the 20x plugs OpConnect units were last reported used on Feb 28. Obviously, that's just those that reported on PlugShare.' Neither ChargePoint nor OpConnect responded to queries. Jorge Pineda, acting public information officer for the Rocky Mountain Region of the GSA (which includes Denver), did not respond. Colorado has more than 150,000 EVs on the road. In the state, one in four new cars is electric. It's likely that there's no actual plan for the whole federal fleet right now, but one is probably forthcoming, and indeed it's not likely to be EV-friendly. 'We ended the last administration's insane electric vehicle mandate, saving our auto workers and companies from economic destruction,' Trump said in his report to Congress. The federal government's intent toward EVs is presumably very important to Washington-based groups such as the Electrification Coalition and the Zero Emission Transportation Association, but their public response to Trump's broadsides has been very muted. The groups are in a bind, because they're trying to preserve access to federal officials, grants, and programs. Alex Gibson, ZETA's director of communications, did not return repeated phone calls. After Trump launched his attack on EVs during the report to Congress, the group's executive director, Albert Gore (a Tesla veteran), stuck its neck way out and opined, 'We look forward to working with the Trump administration to deliver a domestic manufacturing policy environment that enables the United States to remain the world's automotive economic powerhouse for years to come.' In an interview, Ben Prochazka, Electrification Coalition executive director, told Autoweek that the issue is 'the overall cost benefit of vehicle electrification. Having a grid that is domestically developed and diverse is good for US security, and it's good to have EVs operating in the federal sector.' Prochazka said his group is working 'to help remove the ideological differences that exist with EVs. Any step that helps make that happen is a good step.' The full federal picture is still somewhat chaotic, but it's clear that, since Trump's ascension to the Oval Office, the somewhat bumpy path to electrification has some brand-new lane blockages. Do you agree with the Trump administration targeting all EV chargers built with tax dollars, or just those at federal buildings? Please comment below.
