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Inside Ford’s vision to turn your EV into a personal power plant
Yahoo Finance· 2025-10-28 12:01
Core Insights - The rise in electric vehicle (EV) adoption raises concerns about the strain on the electricity grid due to increased demand for electricity [1] - EVs have the potential to enhance grid resilience through bidirectional charging, allowing them to act as energy sources for homes and the grid [2] Company Insights - Ford is expanding its Home Power Management program for the F-150 Lightning, enabling owners to power their homes during high electricity prices and send energy back to the grid [4][5] - The F-150 Lightning has been utilized as a backup power source during outages, capable of powering a home for up to three days, or up to ten days with rationing [7] Industry Insights - The current EV market faces challenges with lagging sales and expired tax credits, prompting Ford to highlight the financial benefits of its EV features to attract potential customers [6]
Bidirectional Energy and Wallbox Launch North America's First Multi-State Bidirectional Charging Program
Businesswire· 2025-10-21 11:50
Core Insights - Bidirectional Energy and Wallbox have launched North America's first multi-state bidirectional charging program for electric vehicles [1] - The program will be available to 180 homes in California and Connecticut, starting with Kia EV9 owners [1] Company Overview - Bidirectional Energy is a software provider focused on enabling electric vehicles to act as flexible energy resources [1] - Wallbox is a global provider of electric vehicle charging and energy management solutions, listed on NYSE under the ticker WBX [1] Program Details - The pilot program will allow selected homeowners to utilize Wallbox's charging technology [1] - The initiative represents a significant step in integrating electric vehicles into the energy ecosystem [1]