What is the perspective for the electric vehicle market over the next 3 years?

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The market introduction of electric vehicles (EV) requires preparing the product environment. Electricity networks need to be upgraded, public charging stations installed and electricity charging services should be offered to EV users.

The imminent growth of the EV share in the car market implies technical and commercial challenges. The electricity grid will suffer from the impact of EV stock growth. To minimise this negative consequence, it is crucial to prepare the grid integration of EVs. Charge management, vehicle-to-infrastructure and vehicle-to-grid are some of the solutions that are planned or that already exist. ICT will play a critical role to allow and optimise the implementation of such innovative solutions. Also, sustainable business models need to be conceived to ensure the deployment of an effective EV environment, which represents one the main challenges.

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