Vehicle-to-Grid (V2G)

DEFINITION: A concept that enables plug-in vehicles to act as a form of distributed energy storage by providing demand-response services to the power grid. The batteries in parked vehicles can be used to let electricity flow from the car to the distribution network and back. Japanese carmaker Nissan has launched a V2G scheme that will turn allow consumers to sell energy stored by Nissan Leaf cars back to the National Grid.

See also: Distributed generation

See also: Demand response

See also: Decentralised energy

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The launch of VW's ID range this year will mark the first step towards its 'climate-neutral' ambition

VW pledges to achieve climate neutrality, starting with EV acceleration

German carmaker Volkswagen (VW) has committed to launch at least 70 electric vehicle (EV) models by 2028, as part of its newly-unveiled ambition to become 'climate-neutral' by 2050.

Tesla had announced plans to reduce the purchase price of its Model 3 car to £26,500

Tesla to raise EV prices as it cuts back on retail store closures

Tesla looks set to reduce the number of brick and mortar retail stores that will close over the following months, in a move that will see the prices of its electric vehicles (EVs) increase by 3%.

Honda says movement towards electrification has

Honda to only sell electric vehicles in Europe by 2025

Japanese car manufacturer Honda has launched ambitious plans to only sell vehicles using electric powertrains in Europe within six years, which will be complemented by new energy management partnerships.

The RAC though said that its own findings suggested the UK was “still some distance” from the “tipping point” where consumers would buy electric vehicles as their first choice

Government urged to rethink road taxation policy to spur EV uptake

Motoring tax needs a rethink if it is going to be fit for the twenty first century and the increase in electric vehicles (EVs), according to the British Vehicle Rental and Leasing Association (BVRLA).