Who are some of the key players operating in the Vehicle-to-Grid (V2G) market and how high is the competition 2021?
Company Information: List Of Top Manufacturers/ Key Players In Vehicle-to-Grid (V2G) Market Insights Report Are:
● AC Propulsion
● EV Grid
● Next Energy
● NRG Energy
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Market Summary: Vehicle-to-grid (V2G) describes a system in which plug-in electric vehicles, such as electric cars (BEVs) and plug-in hybrids (PHEVs), communicate with the power grid to sell demand response services by either delivering electricity into the grid or by throttling their charging rate. Large-scale electric vehicle ordered charging can optimize power system operation, reduce peak loads, thus improving the operation safety and economy of power system. Compared with the traditional fuel vehicles, electric vehicles can greatly reduce primary energy consumption and greenhouse gas emissions. Many countries have set objectives to expand the EV market in the coming decades, and each has taken a different approach to the policy enablers that they hope will help stimulate the market in the near term. Their motivations are similar: to improve air quality in vehicle-dense urban areas, to reduce transportation sector emissions of GHGs, and to achieve greater energy independence by reducing foreign oil imports.
Shortcomings in vehicle uptake have been feared by many to be the result of driver anxiety about vehicle range. Frequently, policy proposals to solve vehicle range issues call for networks of high capacity charging stations. In theory, giving drivers the ability to charge vehicles on-the-go could reduce range anxiety and mimic the refueling infrastructure to which drivers of gasoline-powered cars have become accustomed.
The Vehicle to Grid research report studies the market using different methodologies and analyses to supply accurate and in-depth information about the market. within the Vehicle to Grid report each area is then elaborated to assist the reader comprehend the expansion potential of every region and its contribution to the worldwide market.