Business View Magazine | April/May 2022

12 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 4 CLE While EVs already provide customers with cleaner air and reduced maintenance costs, among other benefits, testing emerging technologies to optimize EV integration with the electric grid could provide further value to all PG&E customers. Beyond the initial deployment with a small number of customers’ homes, PG&E and Ford plan to explore additional use cases and potential for bidirectional charging technology in support of PG&E customers and the grid. Supporting EV Adoption in California Increasing EV adoption can play a critical role in supporting California’s goals to reduce emissions as transportation is the single largest source of greenhouse-gas emissions in the state, contributing nearly 40%. Passenger vehicles alone account for nearly 29% of the state’s total emissions. By 2035, 100% of California sales of new passenger cars and trucks will have zero tailpipe-emissions. The electricity fueling EVs in California comes from one of the cleanest energy mixes in the country. PG&E estimates that 93% of its customers’ electricity in 2021 came from greenhouse gas-free resources. PG&E supports its customers’ EV adoption. Through its EV charging infrastructure programs, PG&E helps to reduce one of the biggest barriers to EV adoption—the lack of available places to charge. PG&E helps increase access to EV chargers for customers across light-, medium- and heavy-duty vehicles through its EV Charge Network, EV Fleet and EV Fast Charge programs. Additionally, PG&E offers electric rate plans tailored for EV drivers and provides tools such as PG&E’s EV Savings Calculator and Fleet Calculator to help customers understand costs when deciding whether to use an EV. For more information, visit pge.com/ev . Through collaborations with automakers like Ford, we are innovating together for a cleaner, safer and brighter future for all technology becomes more readily available. “Today, we are seeing breakthrough opportunities at the intersection of the energy and transportation industries. As more electric vehicles and new charging technology become available, it is critical that we better understand how EVs can interact with the electric grid and how we can best support our customers. Through collaborations with automakers like Ford, we are innovating together for a cleaner, safer and brighter future for all,” said PG&E Corporation CEO Patti Poppe. “This is a really big deal to take this next step of bidirectional charging, which Ford is uniquely positioned to do. We’re really excited to start with PG&E,” said James D. Farley, Jr., Chief Executive Officer, Ford Motor Company.