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.
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Toyota Motor last closed at ¥2,878 down 1.4%.
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Ford Motor last closed at $11.71 down 1.7%, close to the 52-week high.
Elsewhere in the market, Gotion High-techLtd was a standout up 10% and ending trading at CN¥36.47. Meanwhile, EcoPro BM lagged, down 4.3% to finish the session at ₩121,200.
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NIO closed at $6.51 up 2.7%.
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BYD ended the day at HK$114.40 up 2.1%.
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Tesla finished trading at $345.98 down 1%.
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.
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