As part of a global push to reduce carbon emissions and improve air quality, several governments, cities and states have issued bans against the sale of internal combustion engine vehicles in favor of electric vehicles (“EVs”). Europe undoubtedly leads the race towards electrifying its roads thanks to its ambitious ICE vehicle bans, with at least seven European countries pledging to ban the sale of new ICE vehicles over the next 30 years.
But as EV adoption increases over time, will power grids in cities be able to handle the increased demand for electricity? The European Union saw a 122% increase in the electric and PHEV sales over the first three quarters of 2020, representing about 8% of total new vehicle sales. In Sweden, electric…
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