Part 4/8:
Amber's CEO, Chris Thompson, emphasizes that the initial rollout will focus on Tesla models but will eventually be extended to other electric vehicles. The prospect is eye-opening: households could strategically charge their EVs during the low or negative-price periods, resulting in savings that can amount to thousands over the lifetime of the vehicle. Specifically, there's potential for EV owners to save around $20,000 over a decade from the combined benefits of lower charging costs, reduced maintenance, and the ability to harness renewable energy resources.