Nissan is joining ChargeScape, the joint venture founded by BMW, Ford, and Honda for the grid integration of electric vehicles in North America. Following the completion of Nissan's transaction, the four automakers will each hold a 25% stake in ChargeScape.

Japanese automaker Nissan is set to invest an undisclosed amount in automotive technology company ChargeScape, a joint venture specialising in electric vehicle-grid integration. ChargeScape is co-owned by BMW,

Nissan Motor announced on Monday that it will acquire ChargeScape for an unknown sum and offer its electric vehicle owners in the US and Canada access to the battery charging technology company’s services.

Japan's Nissan Motor said on Monday it would invest an undisclosed amount in ChargeScape and roll out the battery charging technology company's services to its electric-vehicle drivers across the United States and Canada.

Nissan will invest an undisclosed amount in a joint venture that connects electric utilities, carmakers and electric vehicle drivers using software, it said on Monday.

(Reuters) -- Japan's Nissan Motor said on Monday it would invest an undisclosed amount in ChargeScape and roll out the battery-charging technology company's services to its electric-vehicle drivers across the United States and Canada.

EV integration company ChargeScape as an equal investor, alongside founding automakers BMW, Ford, and Honda. Once the investment transaction is complete, Nissan said it plans to roll out ChargeScape’s services to its electric vehicle customers in the US and Canada.

Nissan Motor announced on Monday that it will invest in ChargeScape, an electric vehicle (EV) battery charging technology company. While the investment amount remains undisclosed, Nissan will acquire a 25% stake in the firm,

Nissan is joining ChargeScape, the alliance created by three of its competitors: Ford Motor Co., American Honda Motor Co. and BMW.