New company ChargeScape is a single platform that aims to seamlessly connect electric utilities, automakers and their EV customers to manage energy usage for a broad pool of EVs.
14 Sep 2023 | 3777 Views | By Autocar Professional Bureau
BMW Group, Ford Motor Company and American Honda Motor Co have entered into an agreement to create ChargeScape, a new equally-owned company that will create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers.
Aimed to benefit both EV customers and the electric utility industry ...
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BMW Group, Ford Motor Company and American Honda Motor Co have entered into an agreement to create ChargeScape, a new equally-owned company that will create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers.
Aimed to benefit both EV customers and the electric utility industry in the US 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.
ChargeScape’s single platform will eliminate the need for individual integrations between each automotive brand and each electric utility. ChargeScape’s platform will give electric utilities access to EV battery energy across a wide pool of EVs. Participating EV customers will have the potential to earn financial benefits by charging at ‘grid-friendly’ times through flexible and managed schedules. 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.
ChargeScape 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 utilisation with off-peak, low-cost hours and the availability of high renewable energy. Due to the efficient integration with participating automakers and the anticipation of high levels of EV customer enrolment, these energy services are expected to be a cost-efficient, operational benefit for electric utilities.
TRANSFORMATIONAL OPPORTUNITY FOR EV INDUSTRY
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. More EVs on the road means increased electricity demand on utilities to charge them. 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.
Additionally, ChargeScape will play a role in helping to decarbonise the grid. 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. While seamless integration between EV customers and utilities will be key to energy management success, participating EV customers will always remain in control of their charging and energy decisions.
“Electric grid reliability and sustainability are the foundation for an EV powered future,” said Thomas Ruemenapp, Vice President, Engineering, BMW of North America, LLC. “ChargeScape aims to accelerate the expansion of smart charging and vehicle-to-everything solutions all over the country, while increasing customer benefits, supporting the stability of the grid and helping to maximize renewable energy usage. We’re proud to be a founding member of ChargeScape and are looking forward to the opportunities this collaboration will create.”
“Electric vehicles are unlocking entirely new benefits for customers that can save them money while supporting grid resiliency and increase the use of clean, renewable energy,” said Bill Crider, global head of charging and energy services, Ford Motor Company. “ChargeScape will help accelerate the true potential of the EV revolution by providing significant benefits to both utilities and EV customers through smart vehicle-to-grid services.”
“As Honda seeks to achieve our global goal of carbon neutrality, we are counting on this platform to create new value for our customers by connecting EVs to electric utilities, strengthening grid resources and reducing CO2 emissions,” said Jay Joseph, vice president of Sustainability & Business Development, American Honda Motor Co., Inc. “With automakers accelerating toward the electrified future, we must find solutions like ChargeScape that enable all stakeholders to work together for the good of our customers, society and our industry by enabling greater use of renewable energy for and from mobility.”