Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Medina: A typical passenger car is parked 95% of the time

Louis Medina · #102 Tether: Bodyguard of the Grid · Mar 4, 2025 · at 3:11

Louis Medina, founder of Tether, explains to investors why parked electric vehicles represent an underutilized battery asset for electrical grids.

0:00 / 0:03exact quote · 3.3s
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“So a typical car is parked for 95% of the time.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Louis Medina

Prediction Not checkable as stated
Medina: Automakers lacking vehicle-to-grid tech will face massive competitive disadvantages
“All manufacturers are going to be V-IIG, like any car manufacturer in the future that doesn't have that is going to be at a significant competitive disadvantage compared to the ones that do.”
Louis Medina Mar 4, 2025 ▶ 9:46 #102 Tether: Bodyguard of the Grid
Opinion
Medina: Grid fragmentation creates a massive moat for Tether's VPP software
“In the U S each grid has its own laws and its own regulations of how you operate and in Europe as well. So if you are a vehicle manufacturer, You would have to have software that knows where the vehicle is and changes the way you bid into the market and the wa…”
Louis Medina Mar 4, 2025 ▶ 10:37 #102 Tether: Bodyguard of the Grid
Prediction Open · timeframe Mar 2035
Medina: Europe will see 130 million electric vehicles sold within ten years
“And with a hundred and thirty million electric vehicles being sold in Europe alone in the next 10 years, that's a hundred and thirty million potential batteries that could be used to reinforce a power grid, substitute fossil fuel power plants, And allow more r…”
Louis Medina Mar 4, 2025 ▶ 3:19 #102 Tether: Bodyguard of the Grid
Assertion Supported
Medina: Ford F-150 Lightning backup power ignores electric grid coordination
“What you mentioned about the Ford F one 50, basically what they're doing is they're discharging their battery on their house, right? But they're not coordinating that with the grid. They're not actively participating on those markets.”
Louis Medina Mar 4, 2025 ▶ 9:57 #102 Tether: Bodyguard of the Grid
Disclosure
Medina: Tether has a commercial deal in Sweden and is raising $1.5M
“We have a commercial agreement with a major EV charging company in Sweden, and so we're raising 1.5 million to get there.”
Louis Medina Mar 4, 2025 ▶ 4:21 #102 Tether: Bodyguard of the Grid
Assertion Partly supported
Medina: Sweden's EV market is growing 120% year-over-year
“Sweden's electric vehicle market is a 120% year-on-year growth right now. It's at around forty-something percent of all vehicles being sold today are electric, and they're gonna going to have three million vehicles sold before 2030.”
Louis Medina Mar 4, 2025 ▶ 5:36 #102 Tether: Bodyguard of the Grid
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