Vehicle-To-Grid (V2G) Key player

May 20, 2025

1. Nissan Motor Corporation

Nissan Motor Corporation was founded in 1933 and it's headquarter in Yokohama, Japan. The Company operates in 16 countries. In 2021 Nissan, E.ON Drive and Imperial College highlight the carbon saving and economic benefits of Vehicle-to-Grid technology

Nissan works to power V2X bi-directional charging across the globe

V2X is a term that includes vehicle-to-home (V2H), vehicle-to-building (V2B) and vehicle-to-grid (V2G) charging. It allows an EV battery to discharge power into another source – such as a home, a business or even the electric grid – then recoup that power later by recharging off the grid.

When looking for an EV to match his sustainable intentions, Evans set his sights on the LEAF due to its V2G capabilities. When Nissan offered him a chance to be the first residential and private customer using the technology, he embraced the opportunity for his personal and winery needs whole-heartedly. With his Nissan LEAF and initial investment in a V2G charger and wall box integrated into his system, he was ready to go.

Product: Nissan LEAF

The automaker is approving its first vehicle-to-grid (V2G) charger for its LEAF model, meaning owners can now sell energy back to the grid. Sending energy back to the grid from your EV can help reduce utility costs during peak usage.

The Nissan LEAF was first introduced to the market in 2010 as one of the first mass-market battery electric vehicles. Since then, the EV has had somewhat of an epic rise, then fall, and is making another comeback.

Nissan LEAF was the best-selling EV in Europe in the first half of 2018, with 37,000 orders and 18,000 deliveries.

Nissan was clearly ahead of its time when it released the LEAF. But times have changed, and with several automakers and new EV startups introducing electric models, the Leaf has lost some ground.

But this early EV model had a little secret – all LEAFs since model year 2013 have been delivered with bidirectional charging capability, also known as "vehicle-to-grid" or V2G. Until now, they have lacked a charging unit capable of leveraging that capability in the US, but today Nissan announced availability of that very thing.

Nissan announced Wednesday it's approving the first vehicle-to-grid (V2G) charger for LEAF owners. The automaker is partnering with Fermata Energy to make the LEAF compatible for selling energy back to the grid with the FE-15 bidirectional charger.

V2G charging means LEAF owners can send energy back to the grid to save on utility costs and aid grid health.

Nissan said the LEAF is: Currently the only fully electric passenger vehicle in the US market able to supply energy to the grid, allowing LEAF owners with the Fermata Energy FE-15 bi-directional charger to park their vehicle, plug it in, and save money with their local electric utility as well as reduce the total cost of ownership of the vehicle.

2. Mitsubishi Motor Corporation

Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses together with its global network of around 1,800 group companies. MC has eight Business Groups that operate across virtually every industry: Environmental Energy, Materials Solution, Mineral Resources, Urban Development & Infrastructure, Mobility, Food Industry, Smart-Life Creation and Power Solution. Through these eight Business Groups, MC's current activities have expanded far beyond its traditional trading operations to include project development, production and manufacturing operations, working in collaboration with our trusted partners around the globe.

With an unwavering commitment to conducting business with integrity and fairness, MC remains fully dedicated to growing its businesses while contributing to a prosperous society.

1954: New Mitsubishi Shoji was newly founded and listed on both the Tokyo and Osaka stock exchanges.

1967: Announced its first management plan.

1968: Made its first large-scale investment by committing to a large LNG (liquefied natural gas) development project in Brunei.

1971: Made "Mitsubishi Corporation" its official English name.

2021: Established "Roadmap to a Carbon Neutral Society."

Katsuya Nakanishi: President & CEO-April 2024

Mitsubishi adds vehicle-to-grid EV charging to Australian HQ. By plugging in the CHAdeMO DC port when they're parked, the SUVs feed their battery charge to power the office and even sell it back to the electricity grid in peak periods – if there's leftover energy.

"We are immensely proud to be the first automotive brand in Australia with bi-directional charging capability," Mitsubishi Motors Australia CEO Shaun Westcott said.

News:

Honda and Mitsubishi explore vehicle to grid market

The South Korean and Japanese automotive giants are in discussions to create a new business, preparing for the increasing role of electric vehicles (EVs) within vehicle to grid (V2G) systems.

Honda and Mitsubishi are preparing for the opening-up of the utilities market in Japan to small power storage operators in fiscal 2026. This will allow EV owners to sell electricity to power suppliers. The two companies aim to take advantage of the rule change.

Tokyo, October 19, 2017 –Mitsubishi Motors Corporation (MMC) announces the implementation of a 'Vehicle-to-Grid' (V2G) pilot, with the first charge point* already being utilized with Mitsubishi Outlander PHEV's in-vehicle storage batteries. Using V2G-technology, peak demand on the electricity grid can be better balanced, by allowing electric vehicles to not just take power from the grid, but also return it to the network and expect to introduce a new potential earnings model for electric drivers. MMC joins forces with NewMotion, one of Europe's largest providers of smart charging solutions for electric driving, grid operator TenneT in Netherlands, and Nuvve a worldwide leader in V2G technology and grid service deployments.

One of the potential businesses being discussed is that of smart charging and V2G, which would help EV users optimise their electricity costs by offering access to smart charging, V2G services and renewable power, which uses advanced control technologies for the energy management system.

3. Honda Motor

Company Name: Honda Motor Co., Ltd.

Head Office: 2-1-1, Minami-Aoyama, Minato-ku, Tokyo 107-8556, Japan

Established: September 1948

Director, President and Representative Executive Officer: Toshihiro Mibe

Main Products: Motorcycles, automobiles, and power products

Honda installs new bi-directional charging technology at European R&D centre:

  • Energy can be drawn from and returned to the grid with new hardware
  • New charging station is another step towards a zero-emission society
  • Project is collaboration between Honda, EVTEC and The Mobility House
  • Installation tests the integration of electric vehicle batteries and renewable energy sources

Honda has invested in advanced bi-directional charging technology at its European R&D site in Offenbach, Germany, which is helping to balance demand and store energy more efficiently across the facility. The new charging system incorporates renewable energy generation, and is a test bed for hardware that will be available to private households in the future.

The technology installation in Germany follows the debut of the domestic Honda Power Manager Concept at the 2017 Frankfurt Motor Show in September. The concept previewed a fully-integrated energy transfer, which takes power from the grid and can return stored energy from electric vehicle (EV) batteries – through 'Vehicle-to-Grid' or 'V2G' technology. This latest trial installation at Honda's Offenbach site applies the same principles on a larger scale.

With the help of the bi-directional hardware and with the technology of The Mobility House*, Honda aims to optimise energy management at its European R&D campus, maximising the use of renewable solar power in particular. The project is testing the interaction, compatibility and power flow between specific electrical components, including the renewable energy cells and the EV batteries. The installation represents a collaboration between Honda R&D Europe, energy service provider The Mobility House and Swiss technology company EVTEC.

Wireless Vehicle-to-Grid

The wireless Vehicle-to-Grid (V2G) energy management system is technology that maintains electricity supply balance and stabilizes the power grid, by connecting electric vehicles and plug-in hybrid vehicles wirelessly to the power grid, and utilizes electricity stored in their batteries according to electricity supply and demand. The system aims to help promoting use of renewable energy in regions where electricity supply is unstable, and to create new new business models.

Honda is currently collaborating with WiTricity, a U.S.-based venture corporation developing a system that enables wireless charging of vehicles (equipped with pads installed in the vehicle's underside) from the power grid (with pads embedded in parking spaces), and wireless power transfer technologies.

News

BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services

  • ChargeScape will aim to unlock the full potential of electric vehicle (EV) technology through conveniently managed energy services never before possible with gasoline-powered vehicles – benefiting EV customers, electric utilities and automakers.
  • BMW Group, Ford and Honda will leverage years of cross-industry research around the Open Vehicle-Grid Integration Platform (OVGIP) to create a single platform that will seamlessly connect electric utilities, automakers and their interested EV customers to manage energy usage for a broad pool of EVs.
  • ChargeScape will aim to provide EV customers financial benefits through EV-enabled grid services, as well as reduce EV customers' personal carbon footprints while supporting grid resiliency.

4. Ford Motor

Industry: Auto Brands

Founded: 1903

Headquarters: Dearborn, Michigan

Country/Territory: United States

CEO: James D. Farley, Jr.

Ford Motor Co (Ford) is an automotive company, which designs, manufactures, markets and services a full line of cars, trucks, sport utility vehicles and electrified vehicles. The company provides vehicle-related financing and leasing services. Ford markets its products under Ford and Lincoln brand names. It serves customers across South America, the Middle East, Europe, North America, Africa, and Asia Pacific. The company operates transmission plants, assembly plants, casting plants, metal stamping plants, and engine plants, and other component plants across the world. It also operates in assembly facilities, manufacturing plants, parts distribution centers, and engineering centers worldwide. Ford is headquartered in Dearborn, Michigan, the US.

Illuminating possibility: Duke Energy and Ford Motor Company plan to use F-150 Lightning electric trucks to help power the grid:

CHARLOTTE, N.C. – Duke Energy (NYSE: DUK) and Ford Motor Company are leading the charge to expand vehicle-to-grid (V2G) charging using the new F-150 Lightning electric truck's rugged batteries as a workhorse at home and on the electric grid.

Duke Energy has filed for North Carolina Utilities Commission (NCUC) approval of a new demand response pilot program expected to launch in 2023 for customers in the Duke Energy Carolinas (DEC) service area. Pilot incentives will reduce vehicle lease payments for program participants who lease an eligible electric vehicle (EV), including Ford F-150 Lightning trucks. In exchange, customers will allow their EVs to feed energy back to the grid – helping to balance it during peak demand.

This bidirectional, or two-way, flow of power is a smart charging technology also known as vehicle-to-grid (V2G) integration. V2G can push and pull energy between a connected EV and the grid, supplying the grid with stored, charged power and helping balance energy consumption and production.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.

Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.

Ford, Honda, and BMW create a new vehicle-to-grid company to help EV owners save money

Ford, BMW, and Honda are joining forces to create a new vehicle-to-grid company that aims to help EV owners save money by sending energy back to the electrical grid.

The new company, ChargeScape, will "create a single, cost-effective platform connecting electric utilities, automakers and interested electric vehicle customers." Through that platform, EV owners "earn financial benefits through a variety of managed charging and energy-sharing services never before possible with traditional gasoline-powered vehicles."

It's another example of ways in which the switch to electric vehicles has forced the auto industry to create a variety of alliances between competitors in order to share the costs associated with the switch. GM and Honda are collaborating on shared EV platforms. Seven major companies, including BMW, GM, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis, created a joint venture to build their own charging network in North America. And eight car companies have signed deals with Tesla to install the company's EV charging plug in their future vehicles.

BMW: Bayerische Motoren Werke

BMW, German automaker noted for quality sports sedans and motorcycles and one of the most prominent brands in the world. Headquarters are in Munich.

It originated in 1916 as Bayerische Flugzeug-Werke, a builder of aircraft engines, but assumed the name Bayerische Motoren Werke in July 1917 and began producing motorcycles in the 1920s. BMW entered the automobile business in 1928. The company's R32 motorcycle set a world speed record that was not broken until 1937. During World War II BMW built the world's first jet airplane engines, used by the Luftwaffe, Germany's air force. After the war the company tried to move into the small-car market but found that it could not compete effectively against Volkswagen's compact, inexpensive autos. By 1959 the company was on the verge of bankruptcy, and its managers were planning to sell the firm to Daimler-Benz.

In that year, however, BMW pulled out of its financial slump; German entrepreneur Herbert Quandt acquired a controlling interest in the firm, and BMW introduced its 700 series, soon followed by the equally successful 1500 model. At about the same time, the company introduced a new series of motorcycles that were particularly popular in the United States.

BMW was firmly established as a premium automobile brand by the end of the 20th century. In a failed attempt to gain market share as a sport-utility vehicle company, BMW purchased the Rover Group in 1994 but lost roughly $4 billion before selling the Land Rover brand to Ford in 2000. BMW saw great success with the relaunch of the British MINI in 2001, however, and another British brand, Rolls-Royce, became part of BMW in 2003. Members of the Quandt family continued to hold a significant stake in the company.

BMW, V2X, And The Death Of The Gasmobile

The bad news just keeps on coming for fossil energy stakeholders. In the latest development, BMW is working with the leading California utility, PG&E, to demonstrate how EV batteries can contribute to grid stability instead of placing new burdens on the nation's electricity infrastructure. The secret sauce is V2X, the Vehicle-to-Everything model for using an EV battery to power all sorts of electric devices.

The leading utility National Grid, for example, does caution that grid issues could arise from a piecemeal approach to fleet electrification, when too many fleets are clustered in one area. Its main point, though, was to advocate for proactive, collaborative planning and infrastructure investment to foster a smooth transition to EVs.

On a broader scope, EV stakeholders are already engaged with "smart charging" strategies that take advantage of low-demand periods along with the availability of renewable energy. That includes the sprawling ERCOT-managed grid in Texas, which has engaged in a global effort to speed up renewable energy integration in tandem with EV adoption.

V2X is a key element in the strategy. Electric vehicles are actually just large batteries on wheels. Like any battery, they can be used to run individual devices or whole electrical systems. Ford is already pitching its F-150 Lightning pickup truck as an emergency backup generator, with solar power in the mix.

The grid question is the one that PG&E (Pacific Gas & Electric) aims to answer, with an assist from BMW of North America. If all goes according to plan, the win-win-win is lower electricity bills for EV owners, improved grid reliability for everyone, and maximal use of renewable energy for the planet.

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