Vehicle-to-Grid (V2G) Market Surges to USD 11.25 Billion by 2033, Propelled by 18.5% CAGR - Verified Market Reports®
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The Global Vehicle-to-Grid (V2G) Market is projected to grow from USD 2.56 billion in 2024 to USD 11.25 billion by 2033, with a CAGR of 18.5%. This growth is driven by the rise in electric vehicle adoption, regulatory incentives, and the demand for flexible grid capacity. Key factors include monetization of ancillary services, fleet electrification, and advancements in smart charging technologies. The market is transitioning from pilot projects to infrastructure-grade deployment, with significant opportunities in fleet aggregation and integration with renewable energy sources.
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