Electric vehicle study sees opportunity for utilities

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Electric vehicle study sees opportunity for utilities
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Increasing demand for electric vehicles in the United States over the next decad...

FILE PHOTO: A Tesla electric car supercharger station is seen in Los Angeles, California, U.S. August 2, 2018. REUTERS/Lucy Nicholson

The study, by the Boston Consulting Group, assumes a significant leap in consumer demand for electric vehicles, which continue to account for only a fraction of U.S. vehicle sales. BCG predicted that up to 12 percent of all vehicles on U.S. roads will be plug-in hybrid or pure electric by 2030, stretching “the capacity of the current grid” when charging in certain locations or at certain times of day.

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