Nissan plans to introduce excellent and affordable V2G technology in 2026
According to media reports, Nissan plans to offer onboard bidirectional charging electric vehicles in 2026. The Vehicle to Grid (V2G) is the technology that allows an EV owner to run their home on electricity stored in their car battery or sell electricity back to the utility. The first market will be the UK and then will expand to other European countries.
Vehicle-to-Grid Technology (V2G) Market
According to Precedence Research’s Report on the “Vehicle-to-Grid Technology (V2G) Market size was valued at USD 5.54 billion in 2024 and is expected to achieve around USD 45.09 billion by 2033, registering a notable CAGR of 28.13% over the forecast period 2024 to 2033.
The Organization for Economic Cooperation and Development (OECD) and International Energy Agency (IEA) project that electric vehicle battery and plug-in hybrid electric vehicle (PHEV) production of these vehicles will increase by over 100 million units by 2050 and the advancement will drive the development of the vehicle-to-grid (V2G) market.
Grant for Vehicle-to-grid (V2G) Project
| Agency | Funding | Aim |
| California Energy Commission | $3 million | Its Clean Transportation Program has a grant to fund a vehicle-to-grid (V2G) project in the Los Angeles area that uses electric school buses to strengthen the flexibility of the grid. |
| Australian Renewable Energy Agency | $2.1 million | Funding to Amber Electric to trial battery electric vehicle (BEV) smart charging and provision of vehicle-to-grid (V2G) services with residential customers. |
A recent report from Precedence Research revealed that the Europe vehicle-to-grid technology market size was estimated at USD 1.35 billion in 2023 and it is expected to be worth around USD 16.01 billion by 2033, recording a CAGR of 28.05% over the forecast period 2024 to 2033.
The EVVE (Environmental Valorization of Virtual Energy-storage) project follows the establishment of a first-Pilot, large-scale V2G technology in Europe by deploying a virtual power plant (VPP) which pools more than 1000 connected EVs across the EU Member States into an integrated and smart energy system. The project has a unique value proposal for the smart management of EV batteries, and it’s in a position to offer a stack of services, including electricity billing service, peak shaving, and ancillary services.
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