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Pike Research forecasts worldwide grid energy storage spending to reach $22B by 2021, down from 2010 forecast of $35B

Green Car Congress

In its new report Energy Storage on the Grid (ESG), Pike Research forecasts that global spending in the ESG market will reach a little over $22 billion over the next 10 years. Electric grids require balance in order to function properly. Energy storage on the grid is reaching a turning point. Earlier post.).

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Top Factors Affecting EV Adoption

EV Connect

Industry experts predict that electric vehicles (EV) will account for 40% of car sales by 2030. Driver Factors Ultimately, the ambition and innovation of the EV industry will count for nothing if it doesn’t resonate with the consumer. Companies like EV Connect continue to drive the industry forward with charging solutions.

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