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BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services
On September 12, 2023, BMW Group, Ford Motor Company and American Honda Motor Co., Inc. announced that they have entered into an agreement to create ChargeScape, LLC, a new equally owned company that will create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers. ChargeScape will enable the smart use of plugged-in EV batteries by securely providing energy data to electric utilities and system operators like aggregated demand response, alignment of charging and EV battery utilization with off-peak, low-cost hours and the availability of high renewable energy. The three companies will leverage cross-industry research around the Open Vehicle-Grid Integration Platform (OVGIP) to create a single platform that will seamlessly connect electric utilities, automakers and their interested EV customers to manage energy usage.
BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services
ChargeScape will aim to unlock the full potential of electric vehicle (EV) technology through conveniently managed energy services never before possible with gasoline-powered vehicles – benefiting EV customers, electric utilities and automakers.
Source: www.prnewswire.com
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