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.

(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.

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.