Ford, BMW, & Honda Go Deeper Into EV Energy Needs With ChargeScape Joint Venture

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Ford, BMW, & Honda Go Deeper Into EV Energy Needs With ChargeScape Joint Venture
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Ford, BMW, and Honda have recently announced a collaboration to establish ChargeScape, LLC. This new company, equally owned, aims to develop a cost-effective platform that will connect electric utilities, automakers, and electric vehicle customers.

Traditionally, automakers haven’t been very involved in powering the vehicles they sell. Beyond maybe a tank of gas at time of purchase, the job of fueling the vehicle wasn’t something manufacturers or dealers participated in. Oil companies, refiners, and retailers had their own supply chain for gasoline and/or diesel, and you needed to go to them.

The situation has gotten bad enough that manufacturers have had to rethink the strategy of letting somebody else do charging. As EV sales start to leave the early adopter phase and appeal to more mainstream buyers, the struggle that excited EV advocates were willing to put up with just isn’t cutting it for people who come from a more solid gasoline and diesel infrastructure experience.

So, there are some big opportunities for manufacturers to dive even deeper into the EV charging experience, especially when you consider bidirectional charging . A recent announcement by Ford, BMW, and Honda shows that they’re looking to exploit some of those opportunities and hopefully improve the experience for car buyers.

Taking advantage of years of open vehicle grid integration platform cross-industry collaboration, ChargeScape’s platform streamlines integration between automotive brands and electric utilities. It grants utilities access to EV battery energy from a diverse pool of electric vehicles. With flexible charging schedules, EV customers can earn financial benefits by charging during “grid-friendly” times.

ChargeScape also contributes to decarbonizing the grid, reducing the carbon footprints of EV customers. By utilizing renewable energy sources like wind and solar, the company ensures a more sustainable electricity supply. Seamless integration between EV customers and utilities is crucial for effective energy management, while customers maintain control over their charging and energy choices.

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