• Moving to electric, smart-charging and selling energy back to the grid could save family car owners an average of 20% on total cost of vehicle ownership. • Flexibility will help drive €4bn in annual savings for European grid operators. • By 2030, EVs could contribute 4% of Europe’s annual power supply — enough to power 30 million homes per year. / EY predicts that by 2030, there will be more than 50 million electric vehicles (EVs) on Europe’s roads, representing 15% of the total vehicle stock. As electrification accelerates, ensuring the cost-effectiveness, stability, and efficiency of the power grid will require managing how and when EVs are charged and using the electricity stored in the battery to provide valuable flexibility services to the power grid. A new report from EY and Eurelectric (....)