Honda, BMW, Ford to Establish New Firm to Stabilize Power Grid
New York, Sept. 12 (Jiji Press)--Honda Motor Co. said Tuesday that it has agreed with BMW Group and Ford Motor Co. to set up a new company that will create a platform aimed at helping stabilize the power grid in the United States and Canada using electric vehicles.
The platform that the equally owned new company, ChargeScape LLC, will build will connect electric utilities, automakers and EV customers. ChargeScape is expected to be operational early next year, pending regulatory approval.
(2023/09/13-09:42)
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