BMW, Ford and Honda Begin Operations in U.S. of Vehicle-Grid Integration Joint Venture

BMW, Ford and Honda have begun operations in the U.S., of the new Vehicle-to-Grid (V2G) joint venture, called ChargeScape, that was announced last year.

ChargeScape is a software platform that integrates electric vehicles (EVs) into the power grid. It works by wirelessly connecting to EVs and managing the flow of electrons in line with real-time grid conditions, temporarily reducing demand when the grid is constrained and sending energy back into the grid when needed.

Early in October, Nissan joined the three companies and entered into an agreement to invest in ChargeScape. Once the transaction is complete, Nissan will become an equal 25 per cent investor.

Source: Motor Trader e-Magazine (October 2024)

23 October 2024

MTA GROUP

MTA Queensland is the peak body representing the interests of employers in the retail, service and repair sectors of Queensland’s automotive industry.

MTA Institute (RTO No. 31529) is the largest private provider of automotive apprenticeships and training in Queensland.

MTAiQ – Australia’s first automotive innovation hub established by MTAQ, is a facility offering an eco-system that supports innovation in the motor trades.

GET IN TOUCH

Phone (07) 3237 8777
Fax (07) 3722 3030
Email: [email protected]

Training enquiries: [email protected]

Subscribe to publications here

OUR LOCATION

Freeway Office Park, Building 8
2728 Logan Road, Eight Mile Plains QLD 4113

MTA Queensland acknowledges the traditional owners of the land on which we live and work- the Yugambeh and Yuggera people. We pay our respects to elders past, present and emerging. In the spirit of reconciliation, we will continue to work with traditional custodians to support the health and wellbeing of community.