Summary
- Nissan Motor takes a 25% stake in ChargeScape, a software company connecting utilities, automakers, and drivers
- ChargeScape focuses on integrating EVs into power grids for smart use of batteries
- EV drivers can receive financial incentives for pausing charging during high demand periods
- Nissan plans to deploy ChargeScape software to its EV customers in the US and Canada
- Nissan Americas Headquarters in Tennessee is getting battery systems using second-life LEAF batteries for storage with a focus on sustainability goals.
Article
Nissan Motor has announced a 25% stake in ChargeScape, a software company that connects electric utilities, automakers, and drivers. ChargeScape was founded in 2023 by BMW, Ford, and Honda and is focused on integrating EVs into power grids to enable smart use of plugged-in EV batteries. The software manages the flow of electrons in line with real-time grid conditions, reducing demand when the grid is constrained. This technology supports both unidirectional and bidirectional recharging protocols.
When connected to ChargeScape’s platform, EV drivers can pause charging temporarily in exchange for a financial incentive during periods of high demand. Drivers will also have the ability to sell the energy stored in their vehicle’s batteries back to the power grid. Nissan will become an equal 25% investor in ChargeScape, with the founding companies seeing their stakes reduced. The consortium’s software will be rolled out to Nissan’s EV customers in the US and Canada.
In Franklin, Tennessee, Nissan Americas Headquarters is implementing two battery systems that use second-life LEAF batteries for storage. These systems will help offset building power consumption and extend the useful life of the EV batteries. The battery energy storage solution will supply power during peak demand times and recharge during off-peak hours. Nissan is partnering with Middle Tennessee Electric, 7 States Power, and the University of Tennessee-Oak Ridge Innovation Institute to manage the BESS.
Nissan’s project in Tennessee aligns with the company’s sustainability goals, focusing on maximizing the use of repurposed and recycled materials while minimizing waste generation. The deployment of second-life LEAF batteries for energy storage not only benefits the company but also contributes to its overall mission of sustainability. This initiative showcases Nissan’s commitment to responsible environmental practices and innovation in the automotive industry.
By investing in ChargeScape and deploying second-life LEAF batteries for energy storage, Nissan is positioning itself as a leader in sustainable technology. The collaboration with ChargeScape and the implementation of battery systems using repurposed EV batteries demonstrate Nissan’s dedication to advancing the use of renewable resources in the automotive sector. This strategic move will not only benefit Nissan as a company but will also have a positive impact on the environment and energy management practices.
Overall, Nissan’s partnership with ChargeScape and the deployment of battery systems using second-life LEAF batteries highlight the company’s commitment to sustainability and innovation. By integrating EV technology into power grids and repurposing EV batteries for energy storage, Nissan is paving the way for a more sustainable future in the automotive industry. This initiative not only showcases Nissan’s leadership in sustainable practices but also sets a precedent for other automakers to follow suit in utilizing renewable resources for energy management.
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