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Bidirectional EV Charging May Give Automakers A Financial Boost

23 Apr 2024 | Abstracted from Inside Hook

"...there are different types of bidirectional charging: vehicle to home (V2H), vehicle to load (V2L) and vehicle to grid (V2G)...It's V2G that offers the most promise - in the sense that returning excess power to a municipal grid could be somewhat lucrative for EV owners. And, as it turns out, automakers could benefit as well...It remains to be seen what the financial incentives might be to embrace V2G charging - or whether the economics of it can work on a large scale."

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