More than 250,000 vehicle-to-grid enabled electric vehicles will be sold from 2013 to 2022

ccording to a recent report from Navigant Research, more than 250,000 V2G-enabled PEVs will be sold worldwide from 2013 to 2022.Worldwide revenue from V2G frequency regulation will grow from less than $900,000 annually in 2013 to $190.7 million by 2022

Though negligible today, the market for plug-in electric vehicles (PEVs) equipped with vehicle-to-grid (V2G) technologies – which enable the vehicles to participate in ancillary services for the power grid – is expected to expand steadily in the coming years.  Compelling business models for V2G technologies are starting to emerge in select markets around the world, and it’s expected that individually owned electric vehicles will be able to participate in grid services in the second half of this decade.

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