Top Companies in Bidirectional Charging Market - Wallbox Chargers (Spain), NUVVE Holding Corp (US), Siemens (Germany), ABB (Switzerland) and Zaptec AS (Norway)
The global bidirectional charging market is projected to rise from USD 70.0 million in 2025 to USD 844.1 million by 2035, at a CAGR of 28.3%. The bidirectional charging market is driven by rising demand for grid flexibility, emerging revenue opportunities from ancillary services, and the economic appeal of time of use and V2G tariffs for consumers and fleets. Growth is further expected to be supported by decreasing EV costs and maturing battery technology for lower degradation.
The bidirectional charging market is primarily dominated by companies such as Wallbox Chargers (Spain), NUVVE Holding Corp (US), Siemens (Germany), ABB (Switzerland), and Zaptec AS (Norway). These companies have introduced products and formed strategic alliances to enhance their position in the market. They offer bidirectional charging solutions through OEM partnerships and in the aftermarket.
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Wallbox Chargers, founded in 2015 and headquartered in Barcelona, Spain, is a global smart energy and EV charging solutions provider operating across over 100 countries. The company is structured into three main business segments: Home Charging Solutions, Commercial/Public Charging, and Energy Management, the latter being directly related to its bidirectional charging portfolio. Within this segment, Wallbox offers the Quasar series, with Quasar 1 pioneering CHAdeMO-based residential bidirectional charging, and the recently launched Quasar 2 providing CCS compatibility, up to 11.5 kW output, blackout protection, and integration with home solar systems.
ABB, incorporated in 1988, is a multinational engineering and electrification company, headquartered in Zurich, Switzerland. The company serves four broad business segments: Electrification, Robotics & Discrete Automation, Process Automation, and Motion. Within its Electrification segment, reported as a separate “E-mobility” business since 2023, ABB offers comprehensive EV charging infrastructure, including AC/DC wallboxes, robust DC fast charging stations, and innovative bidirectional (V2G) solutions such as its 11 kW V2G charger developed in partnership with NUVVE.
Other companies such as NUVVE Holding Corp (US), Siemens (Germany), and Zaptec AS (Norway) are also actively developing advanced technologies, expanding their global presence. Siemens operates across various sectors, including electrification, automation, and digitalization, with a significant presence in the electric vehicle charging infrastructure market. Siemens’ eMobility division offers a range of solutions, including the VersiCharge series of EV chargers, designed to support bidirectional charging functionalities. Siemens has also partnered with companies; for instance, in 2022, it partnered with Ford to develop custom EV charging solutions, such as the Ford Charge Station Pro, which incorporates bidirectional charging capabilities for the Ford F-150 Lightning pickup truck.
Related Reports:
Bidirectional Charging Market by Application (V2G, V2H, V2L), Propulsion Type (BEV and PHEV), Vehicle Type (Passenger Car and Light Commercial Vehicle), Charging Type (AC Charging and DC Charging), End Use, and Region - Global Forecast to 2035
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