electric vehicles

“Solar so much is the gateway to so much more electrification. So what we find is customers that go solar, they do tend to be the first adopters of heat pumps. They then do tend to be the first adopters of electric vehicles, and so they really, so one of the re…”

“By 2030, the number of solar panels could nearly double, and the number of EVs on the road could increase five times to about five million.”

“I think that is where we have to go. We have to get to a point where we have megawatt charging capability.”

“Market share globally for EVs doubled last year. It's up to around nine percent”

“I definitely am not a believer in a single holy grail of batteries that, that solves all problems. I think it's, you know, it's going to be a number of solutions to solve different application cases”

“I don't think that solves long periods of no wind, no solar, but it certainly has to help for lots of things.”

“You know, the first proposition is we need to get EV adoption up because it does actually reduce greenhouse gas emissions, even if you consider the energy that's embedded in production of the battery itself.”

“We are inherently going to be putting huge amounts of lithium ion on the grid in the form of, you know, EVs. And so I think at least for demand response, there's something there, right? There's some offset that, you know, to other storage that would be needed,…”

“There are still a lot fewer of them on a per EV basis than there are internal combustion engine vehicle fires on a per ICE basis.”

“An EV, as you probably know, requires about three X copper, three X mass of copper, than an equivalent internal combustion car.”

“Battery OEMs, all things equal, will pick EVs over stationary storage, because they're going to sell way more batteries into electric vehicles than they are into the grid. So if they have to pick and choose and they're limited in supply stationary storage is g…”

“Manganese is a inherently cheaper material and is going to end up, if they can make that middle bucket work really well, is going to be the, I think the most common Chemistry of choice for cars by the end of the decade.”

“And that's what we've learned in the last 10 years of the development of the electric vehicle, is that the car is the battery. And it's not just the battery pack. The car is the battery cell. The car is the battery chemistry. And for the car company to just sl…”

“Fast charging is something that a new is going to appeal to a new buyer that's never owned an electric vehicle before, but once they get used to it, they realize this is a nice to have, not a requirement.”

“You know, we're almost up to thirty-ish percent of New vehicle sales in Europe are EVs. We're more kind of five, six percent in the U.S.”

“We think that we're going to get to about six percent by 2024, six percent of new cars sold will be EVs.”

“Roughly speaking for a typical U.S. Household, it means adding new peak load to that home that's equivalent to about, ah, two electric vehicles that are plugged into level two chargers, ah, during those cold periods.”

“The first thing you should kind of do as utility is decide what your strategy and your outcomes are and then make that public. Have a public vision to your strategy you know, be a speaker and be seen as a leader, because what's going to happen is there's a lot…”

“EVs charge a lot at night, they charge in the morning, so they're charged off-peak. So it's very profitable in that You don't have to build all this new infrastructure like there's new buildings. It's soaking up excess capacity of your transmission and distrib…”

“Historically, to sell an EV could take up to two hours, and to sell a gas car takes 40 minutes.”

“We expect by 2030 that EVs will make up somewhere between a fifth and a quarter to that contribution.”

“More than a hundred percent of the auto industry's growth It's coming from electric vehicles. Like, they are the only growth, ah, cohort within cars.”

“We've now reached twenty seven million electric vehicles, passenger vehicles on the road. We have two hundred and eighty seven million electric two wheelers on the road, and fewer than a million electric buses and electric commercial vehicles.”

“Over the next 12 to 24 months, we're still going to be living in a world where most electric vehicles sold are luxury or near luxury vehicles.”

“And especially in EVs, like really in, in electric vehicles, they use like two and a half times as much copper as a traditional internal combustion engine vehicle does.”

“If we don't figure out managed charging, then there's basically no way EVs scale up to the scale that we need them to.”

“There are real examples of neighborhoods with lots of electric vehicles, everyone charging at the same time during peak hours, And effectively doubling the peak load on that circuit.”

“What is surprising is we're starting to see this third EV manufacturing hub emerge in the U.S. Southwest, which has never really made cars before. Arizona, Nevada, tied to California, and a lot of the innovation economy in California, and it's, it appears to b…”

“In the short to maybe midterm the actual delivered cost of energy or, you know, mobility, if you're an electric vehicle on or whatever it is, it might go up if you're choosing the clean option.”

“It's that we'll have like periods of more like five years or 10 years where we do have a shortage and the shortage doesn't translate to we can't sell any more electric vehicles. To higher costs for electric vehicles. And that translates to lower demand. And th…”

“A first level, which is unmanaged, which is really bad for the grid. We just get load happening at peak times, and that, that is going to be really, really bad for the grid. Some estimates say that that's going to be, like, an increase of peak load by, like, 5…”

“The propositions that are being rolled out in competitive markets like the UK are tariffs which have now become known as what's called type of use tariffs. So a type of use tariff is a tariff that applies to a specific device within your home, like an electric…”

“I think in the long arc of history, it probably does happen, because at some point, you just look at the total capacity that's going to be sitting in batteries at people's homes overnight, and the notion that we would never use it to support the needs of the g…”

“And so the best point to enroll a customer on a program is the point at which they're purchasing an electric vehicle.”

“When you buy an EV, you often buy solar panels as well. Or you get other DERs that are associated with your home, because you start to become very aware about, like, the whole home and the ecosystem and how you're managing your energy.”

“However, what we see in California with some of our partners that we're working with, what they've done is they've rolled out time of use rates, and they've sort of forced that on consumers. And so, and some of those consumers have not changed their behavior a…”

“When you get those EVs below 35,000 dollars or in the 36,000 dollar or less range, you're unlocking about half of the U.S. New passenger car sales market.”

“2020 to 21, you saw like a hundred percent growth. 21, 2021 to 22, you saw a 64% growth. And this is the global growth rate for electric vehicles defined as battery electric vehicles and plug in hybrid vehicles. And then you saw 33% growth in this last year, a…”

“Where, you know, maybe 12 to 18 months ago, some folks had, you know, forecast that they were, had high conviction on that you could get 50% penetration by 27, 28, are now being pushed to, you know, maybe twenty-thirty or beyond, and that's largely as a result…”

“Some of them will raise load growth, EVs and heat pumps certainly being those two. But then there are other DERs which will lower load growth, like energy efficiency, demand response, and certainly solar. So what will be the net effect of those is anybody's gu…”

“The change that came was through a technology. Not digital meters, but through electric cars. Electric cars, or EVs as they're called, were the defining moment. Customers finally realized That they can lower their charging cost if they just charge during the o…”

“Cost of batteries to some degree, although I think we have increasing confidence that cost of batteries is not going to be the constraint on basically electrifying any class of vehicle, but density of batteries definitely does matter.”

“The average person driving, you know, less than 40 miles a day on average. In fact, like the 95th percentile trip is, is, is like 40 miles. You only really need to charge today's EVs with ranges of 200 to 300 miles once every Three days, four days”

“One of the things you notice when you go to, you know, Beijing or Shanghai these days is that it's a lot less polluted and a lot quieter than it was 10 years ago if you went there. And part of the reason is because you see so many EVs, electric buses, and Ther…”

“It really got a jilt when Tesla's you know, opened up their factory in Shanghai, and that brought, like, a more of a premium feel to EVs in China, amongst the Chinese consumers.”

“I think that's a, it's a, it's going to be a huge part of the market, but it can't be the only thing we do because if it's the only thing we do, we may replace the, you know, we may replace half of the ground fleet with EVs, but not a hundred percent.”

“I think sodium ion makes a ton of sense for the grid. I don't think it makes any sense for EVs.”

“The most, so my view, the most important metric for EVs is energy density, defined as watt-hours per liter, volumetric energy density.”

“One thing to remember is, you know, people aren't going to buy EVs just because they're cheaper than gas cars. People are going to buy EVs faster if they're just better cars. And this is one of those things that EVs can offer that your combustion car just coul…”

“24 months ago, electric vehicles were the biggest driver of electrification growth, and now it's a distant third, and that happened stunningly quickly.”

“Many customers who might say they don't they're opposed to time of use rates may have no issues at all with signing up for an EV rate, even though an EV rate typically is a time of use rate.”

“We at Octopus, we 50% of our customers that have EVs have signed up to allow us to manage when we charge their EV in the last 18 months. That's 253 100,000 EVs, because it doesn't cost them anything.”

“I think load flexibility though is massively under hyped because a lot of the flexibility is free. Managing when you charge an EV is essentially free.”

“Overhyped in the sense that people over attribute data center load growth with electricity demand inside the United States. You know, manufacturing and EVs are a huge portion of that. So people think it's all data centers. It's not.”

“On the rideshare side, in dense urban markets where there's a lot of traffic, we're hearing from operators, it's cost-accretive for them to run EVs instead of traditional vehicles because of the fuel savings.”

“Commercial fleets are very sensitive to cost, and so when EVs are the right economic choice and they feel confident in the infrastructure availability and, you know, in the performance, the range that they can get, they'll buy them. I think. And that's what, y…”

“I think it's something like 80% of the energy storage is going into EV. So that's where most of the gigawatt hours are going to come out. Which is really good for grid storage because those are the packs that are going to be easiest to redeploy. Those are the …”

“It is a small load in the house. If you, what you care about is, you know, electrifying stuff, you should, you really push people toward electric vehicles and electric HVAC and stoves don't really matter at the end of the day. So I just don't get it. I don't g…”

“EVs, PHEVs, hybrids, gasoline, they have overcapacity in every powertrain, and we're seeing exports to last year, half of them were EVs, half of them were gasoline-powered vehicles.”

“Autonomous vehicles are almost certainly endemically electric vehicles. Like, it makes more sense for them to be electric vehicles, and the proof is in the pudding. All of the autonomous vehicles on the road today are electric vehicles, right? That is true of …”

“The IEA recently came out with some data recently on global electricity demand growth, and it turns out that last year in 2025 from about, from a global standpoint, there was almost exactly as much electricity demand growth around the world from electric vehic…”

“Electric vehicles have obviously had, had this tremendous impact on, on batteries, but electric vehicles themselves benefited from early investments from the solar industry in, ah, power electronics, in wide band gap semiconductor materials, which enable highe…”

“Electric vehicles, which I really think are the, sort of the keystone species of this ecosystem, mainly because there's just so much, so many unit sales of electric vehicles, so as that market ramped up, it created a lot more Mass manufacturing demand and capa…”

“There have been numerous studies that have shown that electric vehicles are the single largest source of grid flexibility that will be on the grid in the not too distant future”