BMW, Ford and Honda announced a new company that will create a single, cost-effective platform connecting utilities, automakers and interested EV customers.
Three automakers - BMW Group, Ford Motor Company and American Honda Motor Co. - jointly announced 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 in the United States and Canada.
ChargeScape is expected to unlock entirely new value that EVs can provide to the electric grid, including a variety of managed charging and energy-sharing servicesEV users will be able to earn financial benefits for participating in the new system but are promised to always remain in control of their charging and energy decisions. Meanwhile, electric utilities will gain access to an EV customer base with a goal to support grid resilience and a better utilization of renewable energy sources.