Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect.
Among the breakthroughs that are bringing vehicle-to-grid (V2G) closer, automakers have set up their own energy units, joining the software platforms, energy distributors and others that are vying for V2G revenue. They do not yet know how much they might make. Most of the money will go to EV owners, leaving just pennies per kilowatt for intermediaries selling power to grids, but across millions of EVs, that would add up.