Ford (F), Honda (HMC) and BMW to Create ChargeScape, a Company Focused on Optimizing Electric Vehicle Grid Services
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BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services
September 13, 2023 3:16 AM EDTTorrance, Calif., Sept 13, 2023 - (JCN Newswire) - - BMW Group, Ford Motor Company and American Honda Motor Co., Inc. today 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. Benefiting both EV customers and the electric utility industry in the U.S. and Canada, ChargeScape will unlock entirely new value that EVs can provide to the electric grid, while enabling EV customers to earn financial benefits through a variety of managed charging and energy-sharing services never... More
