CleanTechnica•about 1 month ago
Introducing The New Volvo EX60 SUV
Key Takeaway
The continuous rollout of new EV models like the Volvo EX60 signals sustained growth in electricity demand, creating significant opportunities and challenges for power developers, grid operators, and large consumers.
AI Summary
- •Volvo's introduction of the EX60 SUV underscores the ongoing rapid expansion of the electric vehicle (EV) market, signaling sustained growth in electricity demand.
- •This EV growth will necessitate substantial investment in new charging infrastructure, grid upgrades, and increased generation capacity to maintain grid stability and reliability.
- •Power developers should anticipate growing opportunities for new generation (especially renewables), energy storage, and transmission projects to support the escalating EV load.
- •Large power consumers should assess the potential impacts of increased overall electricity demand on local grid capacity, electricity prices, and consider their own fleet electrification strategies.
Topics
emissionsfinancinginterconnectiraoempolicysolarstoragetransmissionwind
Article Content
The EX90 was Volvo’s first blank sheet electric vehicle and mapped out the road ahead for the company. It was a fully digital vehicle built on Volvo’s modular electric vehicle platform that is controlled by a completely new vehicle control system programmed completely in house at Volvo. The launch was ... [continued] The post Introducing The New Volvo EX60 SUV appeared first on CleanTechnica .