Japan’s Nissan Motor announced on Monday that it would invest in ChargeScape, a battery charging technology company, and offer its services to electric vehicle (EV) drivers across the United States and Canada.
While the amount of the investment remains undisclosed, Nissan will acquire a 25% stake in ChargeScape, becoming an equal partner alongside BMW, Ford, and Honda in the joint venture.
ChargeScape provides software and technology designed to optimize EV battery charging. The company operates in a competitive market, with key players such as Tesla, ChargePoint, Gridserve, and BP Pulse.
As demand for automotive software focused on EVs rises, more automakers are aligning their models with advanced driver aids and automated features.
Through ChargeScape’s platform, drivers can benefit from financial incentives for pausing charging during peak demand periods and may eventually sell stored energy from their EVs back to the power grid.
Nissan’s investment highlights its ongoing strategy to expand bi-directional charging technology, which is already featured in its Leaf EV model. ChargeScape expects additional automakers to join the venture in the coming months.
