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2024

How EVs Could Provide Renewable Energy Storage To Support the Grid

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Optimism around the growth of the electric vehicle (EV) market has faltered in recent months as consumer uptake has grown at a slower pace than previously anticipated. This has led several automakers to reduce their EV investments in the mid-term until the market becomes more stable. Further, Tesla’s recent decision to cancel the rollout of a large-scale EV charging network in the U.S. has led to greater uncertainty in the sector. Nevertheless, some energy experts are exploring the potential for EVs to be more useful than many might have…