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V2G Joint Venture: BMW, Ford, and Honda electrify the USA

The three car companies plan to integrate electric vehicles into the power grid in the USA and Canada with the ChargeScape joint venture starting in 2024. Both electric vehicle owners and the power grid are expected to benefit from this.

Ford is already promoting the capability to power the house with the electric pickup. The electric vehicle can also stabilize the power grid via V2G. | Photo: Ford
Ford is already promoting the capability to power the house with the electric pickup. The electric vehicle can also stabilize the power grid via V2G. | Photo: Ford
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Thomas Kanzler

As reported by the American online platform Green Cars Reports, the joint venture is expected to focus primarily on connecting EV owners in the US and Canada with electricity suppliers and offering "EV-enabled grid services." Customers who connect their EVs to the grid, exchange data with ChargeScape, and coordinate charging in a way that supports the power grid are promised financial benefits by the joint venture.

The ChargeScape partners point out that EV owners can not only earn money but also reduce the overall emissions of their vehicles if they charge when renewable energy is available. ChargeScape plans to provide energy suppliers with data to align the charging of EVs with the availability of renewable energy as well as with times of low overall power demand.

Not the charging station, the vehicle connects via WiFi

The use of electric vehicles to support the power grid has been discussed almost as long as electric vehicles have existed. BMW, Ford, and Honda expect their involvement to help the concept gain traction, as automakers can contact their customers directly through the vehicle and have a data connection to the vehicle. This eliminates the need for WiFi-enabled charging stations for the planned V2G services.

The three automakers have already teamed up with a Californian energy provider to create incentives for charging electric vehicles outside of peak load times. Instead of joining ChargeScape, GM seems to be going it alone with its GM Energy unit. According to their own statements, BMW, Ford, and Honda expressly welcome other automakers to join ChargeScape.

What does that mean?

Not only automotive manufacturers are interested in V2G. California, the state in the USA with the highest prevalence of electric vehicles, has been particularly active in setting standards for V2G and exploring how utilities and the power grid could benefit from it.

Translated automatically from German.
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