Wireless Charging Electric Vehicle Market Size to Worth USD 1,707.14 Mn by 2032 [Yahoo! Finance]
Toyota Motor Corporation (TM)
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Source: Yahoo! Finance
Hong Kong, May 06, 2024 (GLOBE NEWSWIRE) -- The global wireless charging electric vehicle market size surpassed USD 100 million in 2023 and is anticipated to reach around USD 1,528.57 million by 2031, a study published by Towards Automotive a sister firm of Precedence Research. Focus On Wireless V2G Energy Transfer Vehicle-to-grid (V2G) technology represents a significant advancement in the integration of electric vehicles (EVs) into the broader energy ecosystem. Essentially, V2G enables bi-directional communication between EVs and the electrical grid, allowing EVs to not only draw power from the grid but also to feed excess energy back into it. This capability holds considerable promise for optimizing energy usage, grid stability, and overall efficiency. As the adoption of electric vehicles continues to rise globally, particularly in regions like the Asia-Pacific, where governments are actively promoting EV adoption to address environmental concerns such as air pollution and g
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