In China, electric car owners will make money by selling electricity

In China, electric car owners will make money by selling electricity.A photo from open sources

Evergrande Group continues to invent new ones in China electric vehicle charging schemes, so that the car owner can not only spend money, but also earn money. New way suggests an unusual way of tariff regulation, not some new technology.

Bloomberg reports that China is facing an unusual a situation where the bulk of the charging stations operate on industrial tariffs, which, as it turned out, are not enough for grandiose plans for electrification.

Interestingly, Evergrande is one of the largest in the country. developers who came up with a new idea, creating for this joint venture with state grid company Corp. Although the layout looks pretty simple, resources one company would obviously not be enough, so such a tandem will allow achieve the desired result.

The fact is that thanks to the existing taxation scheme, Chinese tariffs at charging stations are about three times higher than when charging an electric car at home from an ordinary household outlet. Such cheap outlets are just not enough, in connection with which Evergrande plans to solve this problem by placing outlets in all erected objects. Moreover, sockets will be installed not only in homes, but also in whole blocks. This scheme will allow you to charge cars on the lowest rate.

The second step in this innovation will be to develop a whole electric vehicle connection system, which will allow not only charge an electric car, but also give back the accumulated energy, getting car owners a profit. Since June 2020, it is planned run this system.

As Bloomberg notes, an idea that will turn millions electric vehicles into electric power sales batteries is not so new since this method is already being tested on such businesses like BMW and Ford Motor. However, China has more technical capabilities to implement this project.

Andrey Vetrov

China

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