To accompany the Renault 5 launch, Mobilize announced the Mobilize V2G service. Mobilize said the service gives Renault 5 owners the ability to reduce their electricity bill by feeding power from the vehicle back into their home and selling power back to the grid. Mobilize V2G will also be available on future Renault electric vehicles (EVs).

Thanks to V2G (vehicle-to-grid) technology, charging is bidirectional, according to Mobilize. The company said its V2G service not only makes it possible to put charging on hold during peak hours but also injects power back into the home, especially when electricity is expensive, and into the grid when demand is high.

The future Renault 5 electric will be the first in a long series of cars to come equipped with its brand-new bidirectional charger, said the company.

In addition to reinjecting electricity into the power grid, the bidirectional charger can also be used to power an electric barbecue for an outdoor picnic, for example, and can provide the same energy output as a 220-volt power outlet.