Nissan plans to invest in ChargeScape, an automotive technology business, in order to power its electric cars
On Monday, Nissan Motor announced that it will implement ChargeScape’s battery charging technology services for drivers of electric vehicles in the US and Canada, along with an undisclosed investment in the firm.
After the deal closes, Nissan will purchase a 25% share in ChargeScape, equating its ownership to that of BMW, Ford, and Honda in the joint venture.
In a competitive industry dominated by Tesla, ChargeScape offers software and technologies to maximize electric car battery charging. New competitors in the market include ChargePoint, Gridserve, and BP Pulse.