2 EV Charging Stocks Under $10 With Strong Upside Potential

TechCrunch

Are bidirectional EV chargers ready for the home market?

Most home electric vehicle chargers are adept at taking power off the grid and delivering it to your car, but what if the vehicle could also automatically keep the lights on during blackouts and offset electricity costs by returning power to its source during high-demand times? A growing number of companies, including automakers GM and Ford, are touting the benefits of bidirectional charging for consumers. For instance, a 2018 Environmental Research Letters paper from Lawrence Berkeley National Laboratory said that in California, which has the largest electric vehicle deployment in the U.S., “substantial capital investment, as much as several billion dollars, can be avoided if EVs are used in lieu of stationary storage.”