Enabling the future of electric transport.
The grid commonly provides around 50 kW - 100 kW yet ultra-rapid EV charging requires up to 350 kW. There are many places where the grid will never be upgraded - the cost or years of delay would never warrant it just to serve electric vehicles. The best option in such situations is to use energy storage to buffer the grid.
Why use a flywheel instead of a battery to do this job? Lithium-ion batteries degrade with use. Their limited number of charge cycles are fine in a car. For grid boosting though, they have to be massively oversized to handle the high charging power and repeated charge/discharge cycles. They are expensive to buy and maintain for this application. By contrast, flywheels can charge/discharge constantly, at full power, with almost no wear.