Stock Analysis

Latest News In Electric Vehicles - Vehicle-To-Grid Market Set For Rapid Growth

The global Vehicle-to-Grid (V2G) market is anticipated to experience significant growth, rising from $6.3 billion in 2025 to $16.9 billion by 2030, with a compound annual growth rate of 21.7%. V2G technology, which allows electric vehicles to interact with the power grid through bidirectional charging, offers benefits such as grid support, cost reductions, and integration of renewable energy. The rising demand for electric vehicles (EVs), coupled with government incentives and technological advancements, drives this growth. Companies including Ford, Toyota, and Volkswagen are actively involved in developing V2G solutions, while the expansion of EV charging infrastructure continues to support the advancement of V2G systems globally.

Elsewhere in the market, Gotion High-techLtd (SZSE:002074) was trading firmly up 10% and ending trading at CN¥36.47. Meanwhile, EcoPro BM (KOSDAQ:A247540) softened, down 4.3% to end trading at ₩121,200.

Ford's rapid expansion of digital and connected vehicle services aims to boost high-margin revenues swiftly. Discover if now is the time to explore Ford's pivotal transformation.

Don't miss our latest Market Insights piece, "Opportunities In The Turbulent Transition To Greener Energy," which highlights pivotal challenges in the electric vehicle supply chain due to rare earth shortages.

Advertisement

Best EV Stocks

Seize The Opportunity

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Sources:

Valuation is complex, but we're here to simplify it.

Discover if Tesla might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

Access Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com