Nikola - Intelligent Electric Vehicle Integration

The success of the electric vehicle will, in many ways, depend on the cost associated with its introduction into the Danish power system. The cost or savings that the EV will incur on power generation, transmission and distribution will be felt directly by the individual energy consumer. The costs will be reflected in monthly energy bills, taxes and in the cost of owning an electric vehicle. A potential EV owner will share one specific trait with the power system planner and decision maker. They will both face large investment in adapting to a new paradigm. For consumers it will be the upfront cost of purchasing an EV and for the TSO the cost of designing and implementing a new and smarter power system.It is the firm belief of the Nikola partners that well-designed control methods can help reduce the cost for the above stakeholders and make investments on both sides pay off in the long term.While the rollout of EVs and charging infrastructure is still in its infancy, a window of opportunity is open to influence the choice of technologies. It is vital to use this period to unleash the full potential of the EVs.