Post: World EV Day: accelerating the transition to a decarbonised future with GridBeyond 

World EV Day: accelerating the transition to a decarbonised future with GridBeyond 

World EV Day is a global celebration of the rapid adoption of electric vehicles (EVs) and their critical role in building a sustainable, low-carbon future. In 2023, EV sales surged to 14 million worldwide, marking a 35% year-on-year increase. With global sales projected to reach 17 million in 2024, it’s clear the momentum behind EVs is only accelerating. China leads the charge, accounting for nearly 60% of global EV registrations, and by 2030, one in three cars on Chinese roads is expected to be electric. In Europe and the United States, roughly one in five cars is set to be electric by the same year​. 

At GridBeyond, we’re proud to play a pivotal role in this transformation by supporting EV fleet owners with intelligent energy solutions. As the shift to e-mobility progresses, the global energy grid faces new challenges. EVs consumed 130 TWh of electricity in 2023, a demand that will continue to grow as more countries accelerate their EV adoption​. GridBeyond’s solutions ensure grid stability and efficiency, helping pave the way for a fully decarbonised transportation system. 

At GridBeyond, we understand the challenges and opportunities that come with the rise of electric vehicles. One of the key challenges is managing the additional load on the grid. As more drivers switch to electric, the demand for electricity will surge, especially during peak charging times. Without the right infrastructure and management tools, this could lead to increased strain on the grid and higher energy costs for consumers. 

This is where GridBeyond comes in. Our technology platform GridBeyond Point uses AI and machine learning to optimise energy usage, so that EV charging is not only efficient but also cost effective. By integrating EVs into our demand response services, we help balance supply and demand, reducing pressure on the grid during peak times and enabling the use of more renewable energy sources. This not only supports the decarbonisation of the grid but also helps businesses and individuals to make smarter, greener choices when it comes to their energy consumption. By optimising energy use, supporting renewable integration, and ensuring grid stability, we are not only making the transition to EVs smoother and more efficient but also contributing to a cleaner, greener future for all. 

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White Paper | Harnessing electric vehicles: Challenges and opportunities

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.

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