Nissan buys into Ford, BMW, and Honda’s home EV charging business
Nissan is coming aboard vehicle-to-grid (V2G) EV integration company ChargeScape as an equal investor, alongside founding automakers BMW, Ford, and Honda.
Once the investment transaction is complete, Nissan said it plans to roll out ChargeScape’s services to its electric vehicle customers in the US and Canada.
Formed last year (with operations starting in September), ChargeScape built a software platform that wirelessly “talks” to EVs and utility companies, managing home charging and sending energy back to the grid during periods of high energy demand.
EV owners who take advantage of ChargeScape’s services can theoretically save money by letting the system pause charging and sell stored EV battery energy back to their local utility...