I agree. EVs and particularly vehicle to grid tech will be quite disruptive when it is developed. Every house can operate off their EV in blackout or brown out scenarios. Connected cars can coordinate like a virtual power plant /rapid response / stabilisation and even benefit from physical arbitrage profiting on price spikes (much lik the grid connected Tesla battery) and recharge in the quiet periods overnight. Every suburb becomes a mega battery.
Better Place were looking at all of this years ago but failed for a variety of reasons like most startups, but the concept is still good just not viable at the time. They were looking at battery swap stations and home/destination v2g including smart charging, physical arb etc.
Australia has poor EV numbers because mainly we are a small market with no incentives and there is a limited supply of evs. We are also an expensive maket to enter with local compliance costs that really have no place post killing our industry (just adopt European standards and be done with it) and make it even harder to release anything low volume. It will be moot though in the coming years. 3rd gen EVs are just starting to come out and win on performance and utility not eco credentials alone.
CCE Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
