The adoption of electric vehicles continues to rise, representing the biggest challenge—and opportunity—facing the utility industry today. On the one hand, EVs provide a tremendous source of new revenue generation, and the industry must move quickly to enable the construction of a robust charging infrastructure. But on the other hand, EVs also pose a threat to grid stability and decarbonization goals.
This playbook goes beneath the sales figures and fleet announcements to present insights from EV and utility industry experts regarding four near- and mid-term trends shaping the emergence of electric vehicles in the U.S. and abroad. Utility leaders will learn why today’s market requires faster development of a charging infrastructure while discovering the importance of: