Electric vehicles have the potential to provide grid services by storing and delivering electricity, but regulatory challenges exist. EV batteries are increasing in size from 24 to 100 kWh, while daily driving uses only 15-20 kWh, leaving excess energy storage capacity. However, electricity market rules and network codes are designed for large conventional resources, not distributed storage from EVs. Adapting regulations and standards around data collection, charging infrastructure, and market participation is needed to allow EVs to provide flexibility services to energy systems and unlock multiple revenue streams.