Latest news with #V2G
CNA
5 days ago
- Automotive
- CNA
Dutch car sharing firm adds Renault EVs capable of powering local grid
LONDON/PARIS :Dutch car sharing firm MyWheels will plug in the first of 500 grid-connectable Renault EVs to its fleet in the Netherlands this week, expanding the number of vehicles in Europe capable of strengthening the power grid as the technology gains traction. Vehicle-to-grid technology, known as V2G, allows electric vehicles to store power and provide it to the electricity grid at times of peak demand. The technology has been available for several years but only recently became commercially viable after the introduction of smart charging technology and batteries able to sustain intensive usage. The rollout by MyWheels will be the largest V2G car-sharing scheme in Europe and the largest addition of V2G-enabled cars in the region. It follows growing concern about grid stability after a major blackout in Spain and Portugal this year, and sabotage to power supply in southern France during this year's Cannes film festival, which have triggered more interest in a technology that can help balance fluctuating supply and demand, said Kees Koolen, an investor in We Drive Solar, the Dutch producer of the special chargers used in the project. 'It feels like we're at a tipping point,' said Koolen, who estimated that the project in the Dutch city of Utrecht has cost around 100 million euros ($114 million) to develop. The global V2G market was worth $3.4 billion in 2024, according to Global Market Insights, and is expected to grow by 38 per cent annually between 2025 and 2034 to reach $80 billion. The Netherlands is an early adopter of V2G technology due to ambitious plans to electrify its transport and heating systems while also moving to renewables. Japan's Nissan has also recently supplied dozens of V2G-enabled Leaf and Ariya models to France and Spain. MyWheels says 500 of Renault's V2G-compatible cars, including its electric R5, will be on the road by next year. When not driving, the cars will be plugged into We Drive Solar's bidirectional chargers and the scheme's operators will be paid for electricity absorbed and sold to the grid. Grids have become increasingly unstable with growing electrification and as more intermittent renewable energy is fed into the system. 'Our research shows that vehicle-to-grid technology could allow the growing electric vehicle fleet to become a significant asset to the grid, with vast storage potential locked up in electric vehicles,' said Madeleine Brolly, advanced transport analyst at Bloomberg New Energy Finance. A key challenge ahead will be standardisation across manufacturers, which will be needed for it to be adopted at scale, she added.
Reuters
5 days ago
- Automotive
- Reuters
Dutch car sharing firm adds Renault EVs capable of powering local grid
LONDON/PARIS, June 4 (Reuters) - Dutch car sharing firm MyWheels will plug in the first of 500 grid-connectable Renault EVs to its fleet in the Netherlands this week, expanding the number of vehicles in Europe capable of strengthening the power grid as the technology gains traction. Vehicle-to-grid technology, known as V2G, allows electric vehicles to store power and provide it to the electricity grid at times of peak demand. The technology has been available for several years but only recently became commercially viable after the introduction of smart charging technology and batteries able to sustain intensive usage. The rollout by MyWheels will be the largest V2G car-sharing scheme in Europe and the largest addition of V2G-enabled cars in the region. It follows growing concern about grid stability after a major blackout in Spain and Portugal this year, and sabotage to power supply in southern France during this year's Cannes film festival, which have triggered more interest in a technology that can help balance fluctuating supply and demand, said Kees Koolen, an investor in We Drive Solar, the Dutch producer of the special chargers used in the project. 'It feels like we're at a tipping point,' said Koolen, who estimated that the project in the Dutch city of Utrecht has cost around 100 million euros ($114 million) to develop. The global V2G market was worth $3.4 billion in 2024, according to Global Market Insights, and is expected to grow by 38% annually between 2025 and 2034 to reach $80 billion. The Netherlands is an early adopter of V2G technology due to ambitious plans to electrify its transport and heating systems while also moving to renewables. Japan's Nissan has also recently supplied dozens of V2G-enabled Leaf and Ariya models to France and Spain. MyWheels says 500 of Renault's V2G-compatible cars, including its electric R5, will be on the road by next year. When not driving, the cars will be plugged into We Drive Solar's bidirectional chargers and the scheme's operators will be paid for electricity absorbed and sold to the grid. Grids have become increasingly unstable with growing electrification and as more intermittent renewable energy is fed into the system. 'Our research shows that vehicle-to-grid technology could allow the growing electric vehicle fleet to become a significant asset to the grid, with vast storage potential locked up in electric vehicles,' said Madeleine Brolly, advanced transport analyst at Bloomberg New Energy Finance. A key challenge ahead will be standardisation across manufacturers, which will be needed for it to be adopted at scale, she added.
Associated Press
19-05-2025
- Automotive
- Associated Press
Electric Vehicle Charging System Connectivity Market Analysis, Competitive Landscape and Forecasts 2025-2035
DUBLIN--(BUSINESS WIRE)--May 19, 2025-- The 'Electric Vehicle Charging System Connectivity Market - A Global and Regional Analysis: Focus on Application, Product, Vendors, and Country Level Analysis - Analysis and Forecast, 2025-2035" report has been added to offering. The Global Electric Vehicle (EV) Charging System Connectivity Market is growing rapidly due to increasing EV adoption, expansion of charging infrastructure, and advancements in smart grid integration. Connected charging systems enable real-time monitoring, dynamic pricing, and energy management, making EV charging more efficient and user-friendly. In 2024, the market is being driven by the rise of smart and connected chargers, government incentives for EV infrastructure, and advancements in 5G and IoT technologies. LTE-M and cellular IoT solutions are becoming the standard for remote monitoring, predictive maintenance, and seamless payment integration in charging networks. The increasing use of vehicle-to-grid (V2G) connectivity is also enabling bidirectional energy flow, improving grid stability and making EVs a part of the energy ecosystem. By 2035, fully autonomous, AI-powered charging stations with integrated cybersecurity and blockchain-based payment solutions will be mainstream. The expansion of ultra-fast DC charging networks and widespread adoption of 5G connectivity will enhance real-time data processing, ensuring efficient power distribution and optimizing charging infrastructure. Smart grid integration with AI-driven demand response solutions will further enhance grid efficiency. Additionally, global standardization efforts in EV charger communication protocols will ensure interoperability across different manufacturers and charging networks. Role of 5G in Enhancing Connectivity for EV Charging Networks The deployment of 5G networks is transforming EV charging infrastructure by enabling real-time data exchange, predictive analytics, and seamless payment integration. Ultra-low latency communication between EVs and charging stations allows for faster authentication, optimized power distribution, and enhanced cybersecurity. 5G-powered smart chargers will become essential for high-density urban EV adoption. Growth in EV Adoption and Charging Infrastructure Demand The rising global adoption of electric vehicles and government incentives for EV charging infrastructure are key market drivers. Governments worldwide are investing in charging network expansion, smart grid development, and vehicle-to-grid (V2G) connectivity. As EV sales increase, the demand for intelligent, data-driven charging solutions is growing, driving technological advancements in smart chargers. High Implementation Costs and Standardization Challenges Deploying and maintaining smart, connected charging stations requires significant investment in hardware, software, and network infrastructure. Additionally, a lack of standardization in EV charging communication protocols creates compatibility issues among different manufacturers and service providers. The need for universal connectivity standards and secure communication frameworks is a major challenge for industry growth. Integration of EV Charging Systems with Smart Grids and Renewable Energy The integration of EV charging with smart grid infrastructure and renewable energy sources presents a major opportunity. Bidirectional charging, AI-powered energy management, and demand-response capabilities will enable EVs to act as energy storage units, supporting grid stability. Solar-powered and wind-integrated EV chargers are also gaining traction, reducing reliance on fossil fuels and enhancing energy efficiency. Regional Analysis North America is expected to dominate the EV charging system connectivity market, driven by strong government policies, aggressive EV adoption, and significant investments in smart charging infrastructure. The United States leads in V2G-enabled charging solutions, 5G-based real-time monitoring, and AI-driven energy management. The Biden administration's push for a nationwide EV charging network is accelerating the deployment of smart and interoperable charging systems. Europe follows closely, with Germany, the U.K., France, and Norway leading in smart charging initiatives and integration with renewable energy sources. The EU's strict carbon emission targets and subsidies for connected EV infrastructure are fueling rapid market expansion. Additionally, smart grid projects in Europe are prioritizing the integration of bidirectional charging systems to enhance grid stability and energy storage capacity. Asia-Pacific is experiencing significant growth, with China, Japan, and South Korea investing heavily in AI-powered and IoT-enabled charging solutions. China's government-backed EV expansion policies and high-speed charging station deployment are creating a strong market for connected EV chargers. India's growing EV ecosystem is also driving demand for affordable, connected charging solutions. Segmentation Analysis Charger Type Connectivity Type Competitive Benchmarking & Company Profiles Electric Vehicle Charging System Manufacturers Connectivity Vendors for Electric Vehicle Charging Systems Key Topics Covered: 1. Markets: Industry Outlook 1.1 Trends: Current and Future Impact Assessment 1.1.1 Growth in EV Adoption and Charging Infrastructure Demand 1.1.2 Increasing Demand for Smart and Connected Chargers 1.1.3 Cost-Efficiency Trends in Connectivity Technology 1.1.4 Evolution of LTE-M and Its Role in the Future of EV Chargers 1.1.5 Role of 5G in Enhancing Connectivity for EV Charging Networks 1.2 Evolution of Connectivity in EV Chargers 1.3 Role of Connectivity Technologies in EV Charging Infrastructure 1.4 Supply Chain Overview 1.4.1 Value Chain Analysis 1.5 Patent Analysis 1.5.1 Patent Filing Trend by Country 1.5.2 Patent Filling Trend by Company 1.6 Regulatory Landscape 1.7 Impact Analysis for Key Global Events 1.8 Market Dynamics Overview 1.8.1 Market Drivers 1.8.2 Market Restraints 1.8.3 Market Opportunities 2. Strategic Recommendations 2.1 Adoption Rate of LTE-M in EV Chargers 2.2 Cost Advantages of LTE-M Over High Throughput Technologies 2.3 Key Strategic Initiatives of Leading Players 2.3.1 New Product Launches 2.3.2 Mergers and Acquisitions 2.3.3 Strategic Partnerships for Connectivity Expansion 2.4 Use-Case Analysis: How LTE-M connectivity supports specific use cases (Such as fleet management, smart grid integration, and real-time data tracking) 2.5 Security Protocols for LTE-M Connectivity 2.5.1 Compliance with Global and Regional Cybersecurity Standards 2.5.2 Impact of Security Standards on Vendor Selection 2.6 Vendor Analysis 2.6.1 List of Leading Tier-1 EV Charger Manufacturers with Integrated Connectivity 2.6.2 List of Leading Connectivity Technology Providers for EV Chargers 2.6.3 Market Share of Vendors in EV Charger Connectivity 2.6.4 Growth Opportunities for LTE-M Vendors 2.6.5 Comparison of LTE-M vs. Other IoT Solutions 2.6.6 Key Considerations for Selecting LTE-M Vendors 2.6.6.1 Coverage and Network Compatibility 2.6.6.2 Cost and Pricing Structures 2.6.6.3 Vendor Experience with Large-Scale Charger Deployments 3. Electric Vehicle Charging System Connectivity Market (by Application) 3.1 Application Segment Summary 3.2 Electric Vehicle Charging System Connectivity Market (by Charger Type) 3.2.1 Public Chargers 3.2.2 Private Chargers 4. Electric Vehicle Charging System Connectivity Market (by Products) 4.1 Product Segment Summary 4.2 Electric Vehicle Charging System Connectivity Market (by Connectivity Type) 4.2.1 LTE-M (Low Power, Wide Area Network) 4.2.2 Cellular IoT (High Throughput Solutions) 4.2.3 Other Connectivity Technologies (Wi-Fi, Bluetooth, and Zigbee, among others) 5. Electric Vehicle Charging System Connectivity Market, by Region For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on CONTACT: Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: EV/ELECTRIC VEHICLES AUTOMOTIVE SOURCE: Research and Markets Copyright Business Wire 2025. PUB: 05/19/2025 10:47 AM/DISC: 05/19/2025 10:46 AM
The Guardian
13-02-2025
- Automotive
- The Guardian
‘A house battery you can drive around': how some Australians are selling power from their cars back to the grid
Our cars sit unused most of the time. If you have an electric vehicle, you might leave it charging at home or work after driving it. But there's another step you could take. If you have a bidirectional charger, you can set it to sell power back to the grid when demand is high. Fewer than 10 people across Australia actually do this, because the technology – known as vehicle-to-grid (V2G) – is very new. To date, it only works with a single car model (Nissan Leaf) and a single charger (Wallbox Quasar 1). We've estimated the number of users based on sales of this charger. The chargers are expensive and there's a thicket of regulations to navigate. But that could soon change. Last year, the climate change minister, Chris Bowen, announced new Australian standards and communications protocols for bidirectional chargers in a bid to make it mainstream. Cheaper EVs and bidirectional chargers will make this more appealing. If it takes off, V2G could become extremely useful to the power grid as a way to release power as required and stabilise the grid against fluctuations. This week, Australia's renewable energy agency released a V2G roadmap, which notes widespread uptake could 'materially reduce electricity costs for consumers and accelerate national emissions reduction'. To understand why people are using the technology and the challenges to do so, we interviewed five early adopters from New South Wales and South Australia. Our findings are released today. Our interviewees reported a long, complex journey to set up V2G. These early adopters had no playbook to follow, so the process was one of trial and error. Some relied on professional networks or social media groups to gather information. They spent significant time and energy finding electricians, installers and charger manufacturers to set up their systems. Strata approvals were required. They also had to negotiate with power retailers and distributors. Delays were common, especially when seeking approval from the energy distributor. Some interviewees reported delays of months to years. Sign up for a weekly email featuring our best reads Most interviewees had experience in a technical field such as engineering or technology. Some reported a significant learning curve, while others using new software from their retailer reported a smoother 'set and forget' process. So why do it? Our interviewees had several reasons, ranging from getting the most out of expensive assets (solar and the EV) to offsetting power bills entirely. Four out of five interviewees reported making a small profit of about $1,000 annually instead of a bill. Many wanted to be able to reduce dependence on the grid and reduce their environmental impact. As one told us: You originally think of it as a car you can also use to power your house. [But actually] it's a house battery you can drive around. Typically, our interviewees plugged their car in at home during the day to charge from their rooftop solar. In the evenings when power prices peaked, they used an app to sell power back to the grid. This maximised their cost savings for charging the car battery and their earnings from the grid. For instance, a V2G user was alerted by their energy retailer that power prices had spiked to over $20 per kilowatt hour – far above normal rates of 25-45 cents. They immediately set their car and home battery to sell power back to the grid. In two hours, they sold 28 kilowatt hours of power to the grid and made more than $560. As they told us: 'I look forward to more such events.' Our interviewees often monitored energy prices, solar output and car battery levels to optimise their output. To avoid their EV battery getting too low, they set a lower limit – say 30% of charge – after which their car would stop exporting power. Sign up to Five Great Reads Each week our editors select five of the most interesting, entertaining and thoughtful reads published by Guardian Australia and our international colleagues. Sign up to receive it in your inbox every Saturday morning after newsletter promotion One of the main reasons people are sceptical of V2G is due to concern about accelerated degradation of the battery. This is a common concern. But to date, there's no consensus showing V2G shortens the battery life of EVs significantly. One recent study shows it increases degradation by 0.3% a year. But another showed V2G might actually extend battery life in some scenarios. Last year, we surveyed more than 1,300 members of a motoring organisation about their view of V2G technology. We found battery warranty was a bigger concern than battery life. This is because most EV manufacturers other than Nissan don't mention V2G in their battery warranties, leading drivers to believe they might void their warranty by using V2G. Awareness of V2G technology is growing. The survey also found almost 40% of respondents were very or somewhat familiar with V2G, a jump from the 17% who reported familiarity in 2022. Among EV owners, almost 90% reported knowledge of the concept. For V2G to go mainstream, the process must be much simpler, cheaper and easier to set up. To accelerate uptake, reliable, accessible information is essential. Expanding government incentive programs to include bidirectional chargers would cut the upfront cost and make it more accessible. Even within the EV supply chain, knowledge of V2G is limited. Car dealerships will need to know which models work with V2G. Electricians may need specific training to install and maintain these chargers. EVs are falling in price as manufacturers vie for market share and cheaper options become available. V2G capabilities might help boost sales for competing car companies. As more motorists switch to EVs, interest in V2G will increase. While V2G can boost the appeal of EVs, there are others, such as Vehicle-to-Home (using your car to power your home during blackouts or to save money) and Vehicle-to-Load (using your EV to run power tools or appliances). Each of these can help consumers get more value from the vehicles parked in driveways and garages. Scott Dwyer, Jaime Comber and Kriti Nagrath are the research director, senior reearch consultant and research principal in energy futures at the University of Technology Sydney. This article originally appeared in the Conversation.
