Your EV is Not a Car
Overview
This article highlights how EV batteries, which sit unused most of the time, can provide value through vehicle-to-grid (V2G), home backup power, demand response, grid flexibility, carbon credit generation, and second-life energy storage applications.
The article proposes an “EV Value Stack” or “EV Revenue Stack,” where EV owners, utilities, charging companies, and automakers can benefit from using EV batteries as part of a smarter electricity system. It emphasizes the need for collaboration, standardization, market reforms, and new business models to unlock these benefits and position EVs as a key component of Canada’s decarbonized energy future.
