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The surprising powerhouse behind rapid V2X growth: electric school buses
Electric school buses are driving major growth in the V2X market, with capacity expected to double to 40 MW by 2025.
Photo: Zum Electric school buses are driving major growth in the vehicle-to-everything (V2X) market, with capacity expected to double to 40 megawatts (MW) by 2025, according to a new report from Wood Mackenzie. “V2X technology has huge potential to boost grid flexibility and create valuable new streams of revenue, but it’s still early days,” said Elham Akhavan, a senior research analyst at Wood Mackenzie. However, Oliver McHugh, another senior analyst at Wood Mackenzie, highlights that to achieve mass-market scale, we’ll need to standardize charging protocols and bring hardware costs down significantly.
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