Nissan Motor is taking a 25% stake in ChargeScape, a battery-charging technology company, as it expands its electric vehicle (EV) offerings in North America. The Japanese automaker will join BMW, Ford, and Honda as equal investors in the joint venture, though the investment amount remains undisclosed.
ChargeScape’s software optimizes EV battery charging, competing in a market led by Tesla and including players like ChargePoint and BP Pulse. The company’s platform offers financial incentives to drivers who pause charging during peak demand periods and plans to enable energy sales back to the power grid.
Nissan will roll out ChargeScape’s services to its EV drivers across the U.S. and Canada, aligning with its strategy to invest in bidirectional charging technology. This move comes as demand for automotive software for electrified vehicles grows, with more automakers realigning their lineups to include advanced driver aids and automated features.
ChargeScape anticipates additional automaker investments in the coming months, signaling increasing industry interest in smart charging solutions as EV adoption accelerates.
