In 2011, only 4,000 electric vehicles (EVs) were on the UK’s roads. Today, this figure stands at 150,000, a near 40-fold increase in just seven years. The likes of Toyota, Ford and Nissan have pledged to produce more electric and hybrid ranges in the coming years and the Government has made a commitment to ban the sale of all new petrol and diesel cars from 2040. The transition to EVs is now becoming inevitable.
However, questions still remain about how we fully electrify mobility; how much will it cost? How will the grid manage the demand? How will EVs be powered, and will there be enough charge points?
The world’s first domestic Vehicle-to-Grid charger, it allows customers to benefit from storing energy in their vehicles for use later, saving on energy costs, reduce their CO2 emissions and manage their demand profile.
Working with OVO we’ve been answering these questions by developing innovative technology. Earlier this year we launched the world’s first widely available domestic electric Vehicle-To-Grid (V2G) Charger and EV Smart Charger. These products are going to be essential if we want to manage the demand of millions of EVs on the grid. And, by using OVO’s VCharge technology, customers can optimise vehicle charging to take advantage of cheaper electricity when it’s available and when there are more renewables on the system.
All of these products were developed and manufactured by Indra in Malvern, Worcestershire.
