The growing popularity and sales of electric vehicle will not strain the power grid, according to an analysis by McKinsey, one of the world’s leading management consultancies.
McKinsey says its analysis suggests “the projected growth in e-mobility will not drive substantial increases in total electrical-grid power demand in the near- to mid-term, limiting the need for new electricity-generation capacity during that period”.
The authors of the report used Germany as an example and found that electric vehicle sales may grow to the extent that five extra gigawatts of power will be required, but that is only 1 percent of total supply. [Read more…] about Growth in electric vehicle sales will not strain the power grid, says McKinsey