VW to start selling electricity

Meet the new electricity providers! :open_mouth: Along with Tesla who have quite a few mega storage packs around the world which they balance grids & sell electricity back to them, Now BEV car companies are going into the battery storage & electricity markets. VW are using stationary storage systems built from older e-up, eGolf and ID3 batteries and will be buying & selling electricity on EPX spot.

"VW said We want to give our customers a clear advantage in terms of electricity prices and at the same time develop new, high-revenue business models,” VW’s head of charging and energy Giovanni Palazzo said in the statement. europe.autonews.com/automakers/ … ry-storage