General Motors is proposing a groundbreaking idea to make electric vehicles a more integral part of the grid: using parked EVs to supply power back to the electrical system. Dubbed "Vehicle-to-Grid" or V2G technology, this concept would allow homeowners to earn money by leveraging their parked electric vehicles as mobile power banks. However, the catch is a hefty one: GM is estimated to charge a whopping $20,000 for the necessary equipment and software to make this technology a reality. As the world continues to shift towards renewable energy sources, the potential benefits of V2G technology are vast, but the steep price tag raises questions about accessibility and affordability for the average consumer.
GM Wants Your Parked EV To Power The Grid, But There’s A $20,000 Catch Carscoops