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Tag: Transparency Market Research

Vehicle-to-Grid Technology Market to Reach US$ 12.75
Technology

Vehicle-to-Grid Technology Market to Reach US$ 12.75

Wilmington, Delaware, United States, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The study on the vehicle-to-grid technology market found that V2G technology enables efficient utilization of the battery technology in electric vehicles, whereby V2G services providers witness vast revenue possibilities. Rise in sales of electric vehicles and hybrids and the deployment of renewable energy sources in multiple applications are reinforcing the expansion of the vehicle-to-grid technology market size. The global market was estimated to be worth US$ 2.78 Bn in 2021. An in-depth analysis on the vehicle-to-grid technology market status and challenges found that V2G technology is still in nascent stage, and there is a need to strengthen needed infrastructure that w...