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Small Rewards Could Shield Utility Grids from Surges Due to EV Charging

Electric vehicles (EVs) are crucial for cutting pollution and fighting climate change. But as more drivers switch to EVs, a new challenge arises: What happens if everyone charges their cars at the same time? A recent study suggests a simple solution; small financial rewards could prevent power grid overloads and keep energy flowing smoothly.

In the end, protecting the grid from EV surges isn’t about asking people to sacrifice. It’s about giving them a little reason to help, and that might be all it takes. Industry actors like Lucid Motors (NASDAQ: LCID) and other manufacturers may have to complement the efforts of policymakers in finding ways to…

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