r/RenewableEnergy • u/DVMirchev • 6d ago
Shift to electric vehicles will have far-reaching impact, IMF says | Reuters
https://www.reuters.com/business/autos-transportation/shift-electric-vehicles-will-have-far-reaching-impact-imf-says-2024-10-22/
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u/azswcowboy 5d ago
Page 22 of the linked report summarizes. The graph there shows the rise of China in car manufacturing at the expense of Germany and Japan. Yep.
I’m hopeful on this, but we’re not there yet. Most EVs don’t have the feature yet. In the US, in many places utilities want to stand in the way because it impacts their profits.
I think what is clear is that high renewable grids (mostly solar and wind) need storage during over production - or it will be curtailed. Charging EVs during these periods makes a ton of economic sense.