E-Mobility is not a new concept, but in the past five years or so, there has been an abrupt advancement in key market drivers and technologies. With that, comes a need for utility companies to address the changes in the energy industry and take advantage of opportunities. With trends in the energy industry such as decarbonization, decentralization, the decrease in battery prices, and fossil fuel volatility, e-mobility is seeing tremendous growth worldwide. From the perspective of Power Consulting at ABB, utilities can gain from opportunities such as increased electricity demand load, new investments and business models, smart charging, and ancillary services, all of which lead to new businesses and increased revenues for utility companies.Click to Read Report