To Make EVs Cost Effective, Make Them Part of the Grid (Fast Company Co.EXIST)
Technology Trend -The idea of “vehicle to grid” (V2G) is to use electric cars as a grid back-up resource, reducing the need for dirty “peaker stations,” and providing owners with a little extra cash. But the concept could also help offset the currently high cost of EVs against conventional vehicles. The Pentagon recently announced a $20 million program to lease 500 EVs at six of its installations. The EVs, which include passenger cars, trucks, and buses, will cost between $30,000 to $100,000, but supply as much as $7,300 a year in power back to the grid, potentially making EVs a more reasonable investment. … Read more






