White Paper | Harnessing electric vehicles: Challenges and opportunities
Harnessing Electric Vehicles: Challenges and Opportunities
EV fleets are expanding at a fast pace in several of the world’s
largest markets. This is being driven by governments and
automakers who are promoting electricity powered vehicles as
a key technology to curb oil use, fight climate change and air
pollution. With significant potential to mitigate emissions and
decarbonise energy supply chains, electrification is an important
strategy to reach net zero goals.
As electric vehicles (EVs) continue to gain traction in the
automotive market, there arises a novel opportunity to utilise
these vehicles not only as consumers but also as contributors to
the power grid. In this white paper, we examine the challenges
and opportunities associated with integrating EVs.
