CTEK, Polestar and Ferroamp announce start-up of vehicle to grid development project

Project is backed with funding from the Swedish Energy Agency

CTEK, together with Electric Vehicle (EV) manufacturer Polestar, and technology company Ferroamp, has today announced the start up of a project to develop solutions for vehicle-to-grid charging. Backed by funding from the Swedish Energy Agency, this three-year project has a total budget of 30 million SEK, financed by the Swedish Energy Agency and participating organisations.

Vehicle-to-grid (V2G), or more generally vehicle-to-everything (V2X), enables any charged power in an EV to be momentarily pushed back to the grid to balance meet any suddent increases in energy production and consumption. The project will run for three years and has a total budget of 30 million Swedish Krona (SEK), partly financed by the Swedish Energy Agency.

EV charging has in many instances been seen as a challenge, potentially resulting in increased power shortage, especially in large cities or locally, in properties. Smart charging and smart control systems can partially handle these challenges, but the introduction of vehicle-to-grid and vehicle-to-everything, so many more possibilities can be opened up, with EVs becoming an important cog in our common electricity network.

Cecilia Routledge, Global Director for CTEK E-Mobility said. ”We are delighted to be a part of this exciting project. Together with all of the partners in this project, we will research and develop solutions for Vehicle-to-grid charging, for AC charging, where we bring electricity back to households and other residential properties and DC charging, where the EV becomes an integral part of the electricity supply in the grid. The possibilities are endless and we are looking forward to working together to further contribute to a sustainable and connected future.”

Press Enquiries

Katharine Parker, PR & External Communication Manager
Tel: +44 (0)7974 141266
E-mail: katharine.parker@ctek.com

CTEK SWEDEN AB is a leading global brand in vehicle charging solutions. CTEK's unparalleled knowledge, and continuous investment in innovation, means they push the boundaries of research and development to bring new and unique battery charging technologies to the market.