Dive Brief:
- BMW Group, Ford Motor Company and American Honda Motor Co. are partnering on a technology and services platform called ChargeScape to help integrate electric vehicles with the power grid, the companies said Tuesday.
- The joint venture will help manage energy use for widespread EV deployment by connecting electric utilities, automakers and EV drivers through managed EV charging and energy-sharing services.
- ChargeScape will begin operations in early 2024, pending regulatory approval, the companies said.
Dive Insight:
With EV mandates looming and sales rising, automakers are starting to work closer with utilities, regulators and others to ensure the electrical grid is ready for EVs and can support charging demands during peak times.
Read more here on Automotive Dive.
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