The company’s efforts will reduce EV customers’ personal carbon footprints by utilizing electricity that comes from more readily available renewable energy sources, such as wind or solar. ChargeScape aims to provide energy management services to help support grid resiliency while looking ahead to the future of V2G capabilities that will benefit both EV customers and electric utilities.Īdditionally, ChargeScape will play a role in helping to decarbonize the grid. More EVs on the road means increased electricity demand on utilities to charge them. The development of this project comes at a time when electric vehicle sales and infrastructure growth are ramping up quickly, bringing new opportunities to address challenges for the electric grid. Transformational Opportunity for EV Customers and Electric Utilities Due to the efficient integration with participating automakers and the anticipation of high levels of EV customer enrollment, these energy services are expected to be a cost-efficient, operational benefit for electric utilities. Electric vehicle customers will also eventually have the opportunity for even more significant impact by sharing the energy stored in their EV batteries with the grid during times of peak demand through vehicle-to-grid (V2G) applications.ĬhargeScape will enable the smart use of plugged-in EV batteries by securely providing energy data to electric utilities and system operators like aggregated demand response, alignment of charging and EV battery utilization with off-peak, low-cost hours and the availability of high renewable energy. Participating EV customers will have the potential to earn financial benefits by charging at “grid-friendly” times through flexible and managed schedules. ChargeScape’s platform will give electric utilities access to EV battery energy across a wide pool of EVs. The closing of the transaction and subsequent formation of ChargeScape is pending regulatory approvals, with the company expected to be operational early next year.īuilding on years of OVGIP cross-industry collaboration, ChargeScape’s single platform will eliminate the need for individual integrations between each automotive brand and each electric utility. and Canada, ChargeScape will unlock entirely new value that EVs can provide to the electric grid, while enabling EV customers to earn financial benefits through a variety of managed charging and energy-sharing services never before possible with traditional gasoline-powered vehicles. Benefiting both EV customers and the electric utility industry in the U.S. today announced that they have entered into 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. 12, 2023 – BMW Group, Ford Motor Company and American Honda Motor Co., Inc. ChargeScape will aim to provide EV customers financial benefits through EV-enabled grid services, as well as reduce EV customers’ personal carbon footprints while supporting grid resiliency.BMW Group, Ford and Honda will leverage years of cross-industry research around the Open Vehicle-Grid Integration Platform (OVGIP) to create a single platform that will seamlessly connect electric utilities, automakers and their interested EV customers to manage energy usage for a broad pool of EVs.ChargeScape will aim to unlock the full potential of electric vehicle (EV) technology through conveniently managed energy services never before possible with gasoline-powered vehicles – benefiting EV customers, electric utilities and automakers.
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