Growing Grid Capacity with Plug-in Cars

The Capacity is Growing

Capacity

• Current projections from OPEC show that in 5 years, worldwide sales of electric vehicles will top 10,000,000 per year. In 10 years, they will exceed 30,000,000. (Source: Bloomberg New Energy Finance)

• Bloomberg New Energy Finance also projects that 530,000,000 cumulative electric cars will be sold by 2040.

• Exxon, BP and Statoil project that at least 100,000,000 EV cars will hit the road between 2030 and 2035.

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