Core Insights - The National Development and Reform Commission (NDRC) and other departments have launched the first batch of pilot projects for vehicle-grid interaction, promoting orderly charging and bi-directional charging and discharging facilities [1][2] - In Shenzhen, electric vehicle owners can earn 4 yuan for every kilowatt-hour (kWh) of electricity returned to the grid, creating a profit margin of 3.6 yuan compared to the 0.4 yuan cost of charging during off-peak hours [1][2] - The vehicle-grid interaction system allows electric vehicles to act as intelligent energy storage devices, helping to balance supply and demand during peak and off-peak electricity usage [2] Industry Developments - The pilot projects for vehicle-grid interaction are being implemented across the country, with notable projects like the high-power AC charging and discharging application trial in Huzhou [2] - Innovations such as "super charging drive technology" are being introduced to enhance the reverse discharge capacity of charging stations, increasing the capacity from 120 kW to 300 kW while reducing costs by 90% [2] - The large-scale application of vehicle-grid interaction is expected to drive technological innovation in the electric vehicle sector, fostering a vibrant industrial ecosystem [2]