Smart charging is a technology that optimizes the charging of electric vehicles by intelligently adjusting the charging process based on various factors, including electricity prices, grid demand, and the availability of renewable energy. It aims to shift charging away from peak hours, reduce strain on the grid, and promote the integration of renewable energy sources.
Smart charging is being widely implemented globally. Many utilities offer TOU tariffs and demand response programs that incentivize EV owners to charge during off-peak hours. Several EV manufacturers, including Tesla and Nissan, offer smart charging features in their vehicles. Additionally, numerous startups and established companies provide smart charging solutions for both residential and commercial applications.