EV growth is moving, but is it moving quickly enough? Wood Mackenzie research projects battery electric vehicles to account for 58% of light vehicle sales globally by 2050. It won’t be until 2045 that EVs surpass ICE vehicles on the roads globally. So how can consumers be incentivized to get an EV? Manufacturers are addressing concerns around range anxiety and price, so what else is there to tempt buyers? Perhaps shifting the conversation from EVs as just low-carbon emitting cars to seeing them as energy assets might do the trick. Could vehicles reliably charge your house? Or even stabilize the grid during peak demand?
To find out, host Sylvia Leyva Martinez speaks with GM Energy’s Aseem Kapur about their two-way charging EV project. They explore the potential of vehicle-to-home and vehicle-to-grid systems, the lessons from early pilots, the importance of interoperability standards, and how incentives and customer trust will drive EV adoption – something that needs to accelerate if we’re to stay on track for climate goals.
The key questions to answer on the viability of using EVs as DERs:
- Why should EV owners risk their battery health and daily mobility needs to support the grid?
- With thousands of utilities across the US, can one interoperable system realistically work at scale?
- Will incentives be strong enough to convince consumers and utilities that EVs are more than just cars?
Sylvia gets the answers.
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