Nissan Joins ChargeScape in its Alliance of Automakers to Help EV Drivers Save on Home Charging

Nissan, BMW, Ford, and Honda have reached an investment agreement for ChargeScape, a joint company that specializes in electric vehicle-grid integration. Following the completion of the agreement, Nissan will invest 25% of its equity in ChargeScape and make ChargeScape’s services available to its EV drivers in the United States and Canada.

“We are delighted to welcome Nissan to the ChargeScape joint venture,” said Joseph Vellone, ChargeScape CEO. “Nissan’s decision to join us underscores their commitment to helping customers charge more cheaply and sustainably and highlights ChargeScape’s central position in the vehicle-grid integration space.”

The launch of ChargeScape, whose software wirelessly connects to electric vehicles and controls the flow of electrons in accordance with real-time grid conditions, was announced by BMW, Ford, and Honda last month. Through smart charging (V1G), which temporarily reduces demand when the grid is constrained, and even by sending energy back into the power grid when needed, ChargeScape leverages renewable energy sources.1. ChargeScape simplifies the intricacy of electric vehicle-grid connectivity by offering a unified platform for power utilities, automakers, and their clients.

With ChargeScape, EV users may take advantage of financial benefits such as controlled charging and vehicle-to-grid export. EV owners who wish to do so can someday sell the energy stored in their car’s battery back to the power grid and receive cash rewards for momentarily stopping charging during periods of high demand when connected to ChargeScape’s platform. By doing this, grid operators can prevent the need to send out costly and frequently highly carbon-intensive “peaker plants” in times of grid overload.

“ChargeScape helps us more conveniently and effectively connect utilities to EV drivers, making the ownership experience more valuable for drivers by giving them incentives for participating in managed charging and vehicle-to-grid programs,” said Kent O’Hara, president of Nissan’s 4R battery business. “Joining ChargeScape helps us contribute to a nationwide reduction in CO2 emissions by enabling utilities to use EV battery energy storage to balance peak grid demands, while optimizing the use of renewable electricity sources.”

Since Nissan sold more than 650,000 LEAF vehicles in the United States, one of the first EVs with the ability to export power back to the grid, joining  the ChargeScape alliance is a big deal.. For its whole electric fleet worldwide, Nissan is making significant investments in bidirectional charging (V2X) capabilities, and ChargeScape is presently constructing virtual power plants in Texas, California, and other areas.

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