Last September, Ford, BMW and Honda agreed to create Chargescape, a new company focused on optimizing electric vehicle grid services. Today, the companies announced that ChargeScape is officially operational, along with the appointment of the company's first Chief Executive Officer and first Chief Technology Officer.
ChargeScape is a software platform that integrates electric vehicles into the power grid, shoring up grid stability while saving drivers money on their charging.ChargeScape’s technology wirelessly connects to electric vehicles and, working with participating utilities, manages home charging efforts when the grid is constrained and even can send energy back into the power grid when needed.
For more information, please see the full ChargeScape press release.