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A half-million school buses across US could become an EV battery powerhouse feeding the grid - TL;DR CNBC

A half-million school buses across US could become an EV battery powerhouse feeding the grid

Publishing timestamp: 2024-05-15 12:18:07


Summary

Zum, a 2024 Disruptor 50 company, is partnering with Oakland Unified School District to feed power stored in EV bus batteries back to the California grid. This concept of vehicle-to-grid bidirectional charging could potentially revolutionize the energy industry by utilizing school buses as a significant source of energy for utility power grids.


Sentiment: POSITIVE

Tickers: PCG'A, 

Keywords: electric power generation,  renewable power generation,  california,  alternative and sustainable energy,  technology,  environment,  oakland,  utilities,  transportation,  business news,  pacific gas and electric co,  breaking news: business, 

Source: https://www.cnbc.com/2024/05/15/half-million-school-buses-in-us-could-be-an-ev-powerhouse-feeding-grid.html


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