BMW, Ford and Honda launch ChargeScape to integrate EVs with power grid
The announcement marks a significant commitment by these automakers toward EVs and reducing ownership costs, addressing the dual challenge of rising electric demand and the intermittent nature of renewable energy sources.
BMW, Ford and Honda have initiated the operations of ChargeScape, their joint venture aimed at integrating electric vehicles (EVs) into the power grid, which was first announced in 2023. This venture will leverage software to manage the flow of data and energy between EVs and the power grid, enhancing grid stability and offering cost savings to EV drivers.
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