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According to foreign media reports, Nissan Motor announced on October 7 local time that it had reached an investment agreement in ChargeScape, a joint venture formed by BMW, Ford and Honda. Upon closing, Nissan will acquire a 25 percent stake in ChargeScape and promote the company's services to its electric vehicle drivers in the United States and Canada.
BMW, Ford, and Honda have created a new charging service company, ChargeScape
Last September, BMW Group, Ford Motor Company and United States Honda Motor Company announced that the three companies had reached an agreement to form a new company called ChargeScape, whose software could wirelessly connect electric vehicles, temporarily reduce demand when the grid was constrained through smart charging, and even send energy back to the grid when needed, based on real-time grid conditions.
It is reported that the company will connect local power operators, automakers and electric vehicle customers, which will enable electric vehicles to provide new value to the power grid, and also enable electric vehicle users to obtain economic benefits through charging management and energy sharing services.
Last September, BMW, Ford and Honda announced that the three companies had reached an agreement to form ChargeScape
That said, by providing utilities, automakers, and their customers with a single platform, ChargeScape simplifies the complexity of integrating electric vehicles with the grid.
Foreign media reported that the three companies said they plan to use years of cross-industry research experience around the Open Vehicle Grid Integration Platform (OVGIP) to create a single, cost-effective service platform. On the ChargeScape platform, EV owners can charge flexibly and connect to the grid during peak demand periods via V2G technology.
It is understood that when connected to ChargeScape's platform, EV owners can temporarily pause charging during periods of high demand for financial incentives and be able to sell the energy stored in their vehicle's batteries back to the grid.
Nissan says it has sold more than 650,000 LEAF models in the United States, one of the first electric vehicles with the ability to feed power back into the grid, and joining the ChargeScape alliance is particularly significant.