Defying the Utility Death Spiral by the Electrification of Mobility

Why utilities should try to capture the fueling market for light duty vehicles Although electrification is mostly discussed in the context of emerging markets, I think utilities should also look closer to home. The elephant in the room is that power sales would rise by about 25%, adding roughly $100 billion per year to electric utility revenues and saving car drivers about $300 billion a year (in the US). Of course there will be large investments to be made. But if utilities could build a grid like structure for EV…

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