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Is electric vehicle charging stations a good business opportunity?

New research according to Bloomberg New Energy Finance shows that it is expected that electric vehicle will make up the majority of new electric car sales worldwide by 2040, and out of all, 33% is light-duty vehicles on the road. Thus looking at this new research, we can say electric vehicle charging station is a …

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What is Vehicle-to-Grid technology ?

In a Conventional EV Charger electricity goes from the electric grid into the electric car in unidirectional (one-way). However, in a bi-directional EV charger, electricity flows both from electric grid to vehicle and also from vehicle back to grid (bi-directional). Vehicle-to-Grid (V2G) technology is the technology than enables EV Chargers to transfer back energy stored …

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