Last year marked a monumental turning point for the future of electric vehicles (EVs), with several auto companies such as Volkswagen AG, General Motors and Volvo announcing significant electrification plans. Bolstered by improved battery technology, longer battery range, greater variety and lower prices, consumer confidence in EVs is at an all-time high. According to Forbes, light-duty EV sales in the United States rose 37 percent in 2016.
Utilities need to start thinking now about how they are going to scale up power infrastructure to meet the increased demand for commercial and personal vehicles. Although the benefits of electrification are undeniable, the move away from internal combustion engines is raising questions about energy management and grid stability.