EV Bidirectional Charging Can Earn Owners $3,000+/Year But May Degrade Battery

Executive Briefing

• Enables V2G, V2H, and V2L applications, turning EVs into mobile power banks or grid energy sources
• Estimates show EV owners can earn up to $3,359 annually through Vehicle-to-Grid programs
• Reveals battery capacity decreases 25% over 10 years with V2G use versus 15% under normal conditions
• Warns many OEM warranties do not explicitly cover battery degradation from bidirectional charging
• Notes GM, Ford, Nissan, and BYD are leading adoption, with GM targeting full V2G standardization by 2026