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Stock impact report

Vehicle-to-Grid (V2G) Industry Research 2024-2029: Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour [Yahoo! Finance]

Nuvve Holding Corp. (NVVE) 
Company Research Source: Yahoo! Finance
The Vehicle-To-Grid (V2G) market is anticipated to reach US$25.540 billion by 2029, at a CAGR of 38.24%, from US$5.059 billion in 2024. The V2G market growth is being propelled by surging electricity demand the growing adoption of electric vehicles (EVs), and the expansion of grid infrastructure. Under the battery type segment of the global V2G market, the lithium-ion category is forecasted to attain a greater market share. Similarly, the battery electric vehicle (BEV) category of the E-vehicle segment is forecasted to grow massively. In the end-user segment of the market, the residential category is estimated to grow at a greater rate. One of the major driving factors estimated to push the global vehicle-to-grid market forward is the expanding EV landscape worldwide. The EV market witnessed major growth in the recent few years, which is largely credited to the development of the electric vehicle and its battery technologies. Similarly, with the expansion of the global electric v Show less Read more
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