On November 8, the State Grid Chongqing Electric Power Company announced that Chongqing has made notable strides in the large-scale deployment of vehicle-to-grid (V2G) technology. Throughout this year, the city has set up 209 bidirectional charging and discharging stations, collectively discharging a total of 405,200 kWh of electricity. V2G technology facilitates a two-way energy exchange between electric vehicles (EVs) and the power grid. During periods of low electricity demand, EVs can charge and store energy. Then, during peak electricity usage times, they can send stored electricity back to the grid. This process helps to balance the load, reduce peak demand, and enhance the utilization of renewable energy sources.
