Giving Back to the Grid: How Electric Vehicles Can Be a Supply of Power

The video discusses the next generation of smart charging, focusing on vehicle-to-grid technology. This involves electric vehicles not only charging intelligently but also supplying energy back to the grid during high demand. The video highlights global projects and company involvement, with Nissan leading the way. It also explores potential consumer benefits, such as earning between $500 to $1500 annually, and challenges like battery degradation and costs. The video aims to understand the real-world implications of these technologies.

What are some of the risks or downsides associated with allowing an electric vehicle to charge the grid?

Why is the degradation of the battery considered a significant cost in the context of vehicle to grid technology?