What's Bi-Directional Charging? And Why Is It The Next Big Thing For EVs?
Jul 30, 2022
With the transition from gas-powered to electric automobiles, there is a genuine risk that the growth of EVs may overwhelm the electricity system, causing an energy shortage at peak hours. The energy consulting company Delta-EE predicts that by 2030 when no diesel and gasoline vehicles will be permitted to be sold in the UK, there will be approximately 14 million EVs on British roads and 84 million in Europe. On the other hand, the market for electric car charging infrastructure in the United States was estimated to be worth USD 2.85 billion in 2021, and it is anticipated to increase at a CAGR of 36.9 percent from 2022 to 2030.