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11.4 Million EVs Are Expected on America’s Roads by 2025. Will the Grid Be Ready?

With a broader range of market options and supporting infrastructure, the U.S. electric-vehicle market is on the verge of a breakthrough. By 2025, America will likely have 11.4 million EVs on the road, with a market value of over $400 billion. This growth in EV adoption will create complexity for grid operators and other electricity market stakeholders. In GTM Research’s new report, The Impact of Electric Vehicles on the Grid: Customer Adoption, Grid Load and Outlook, these complexities are discussed and analyzed in order to provide insight into how customer adoption and grid load will unfold.
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