The surprising powerhouse behind rapid V2X growth: electric school buses

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. The report, titled “Power from the People: The State of the Vehicle-to-Everything (V2X) Market,” spotlights electric school buses as the key players behind this expansion. Their predictable schedules, large batteries, and plenty of downtime make them ideal for V2X applications. Even with this promising outlook, the report points out a few roadblocks that still stand in the way of widespread V2X adoption, such as unclear utility interconnection processes and a lack of effective compensation mechanisms. V2X technology, which lets vehicles feed power back into the grid, is currently concentrated among a small number of US companies. Some are focused exclusively on commercial or residential applications, while others cover multiple segments. Advertisement - scroll for more cont ... Read full article.