Nissan to Acquire 25% Stake in ChargeScape for EV-Grid Integration
NSANYNissan Motor(NSANY) ZACKS·2024-10-10 23:07

Nissan Motor Co., Ltd. (NSANY) is set to invest in ChargeScape, a joint venture (JV) with BMW (BMWYY) , Ford Motor Company (F) and Honda Motor Co., Ltd. (HMC) , focused on integrating electric vehicles (EVs) with the power grid. Once the deal is finalized, Nissan will hold a 25% stake and extend ChargeScape's services to EV users in the United States and Canada. ChargeScape, launched last month by BMW, Ford and Honda, uses software to wirelessly connect with EVs and manages electricity flow based on grid co ...