Electric utilities are in the spotlight as transportation electrification grows. The U.S. needs 9.6 million charge ports by 2030 to support EV market growth, which drives up the demand for power and utility infrastructure, which can take 24 months or more to construct.
As innovators devise work-arounds to the traditional grid system, utilities and other stakeholders need to embrace the challenge of new mobility and pivot to lead and enable the new energy ecosystem.