Powering Up: Technology trends in the EV charging space
Currently, most EVCSs operate on traditional grids. However, such uncoordinated charging with sudden peaks and troughs in demand can potentially cause fluctuations, leading to outages and deterioration of the grid. Hence, in the upcoming years, the growth of EVCS will be accompanied by the growth of smart grids and captive sources of power. It makes more business sense for an EVCS to have captive capacity, as this reduces the operational overheads related to power procurement.
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