The electric vehicle (EV) has been subject to rapid development by major automakers and modern EVs are capable of completing 85 percent of typical journeys on a single charge. This, together with reductions in the purchase price, is making the EV an increasingly practical alternative to a conventional vehicle leading to significant growth in the size of EV fleets over the next few decades.
Simultaneous recharging of a nationwide fleet of EVs would place significant additional load on a conventional electricity grid that may already struggle to meet peak demand. The adoption of a smart grid which adds flexibility to the network by making it easier to switch in diverse sources of renewable energy is essential to ensure power utilities can meet the power requirements of EV in the future.
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