Nissan Motor Co Ltd (NISA.HM)
- Zacks
Auto Roundup: GPC's Quarterly Results, GPI's Buyout Deal of $439M & More
While Genuine Parts (GPC) tops earnings estimates and lifts the 2024 adjusted EPS view, Group 1 (GPI) is set to acquire Inchcape's UK operations for $439 million.
- Reuters
Automakers hope for a cut as two-way EV charging becomes real
Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect. Bidirectional, or vehicle-to-grid (V2G), charging lets EV owners charge at overnight off-peak rates then sell power back to grids at a profit during peak hours. For short periods, a million EVs could provide as much power as a large nuclear power plant, says Nick Woolley, CEO of UK software firm ev.energy, which is working on V2G technology with Siemens, Nissan, Volkswagen and others.
- Reuters
FOCUS-Automakers hope for a cut as two-way EV charging becomes real
Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect. Bidirectional, or vehicle-to-grid (V2G), charging lets EV owners charge at overnight off-peak rates then sell power back to grids at a profit during peak hours. For short periods, a million EVs could provide as much power as a large nuclear power plant, says Nick Woolley, CEO of UK software firm ev.energy, which is working on V2G technology with Siemens, Nissan, Volkswagen and others.
