Honda is to launch an “energy management solutions” business in partnership with UK-based battery tech company Moixa.
The partnership will utilise Moixa’s ‘GridShare’ batteries aggregator technology to “create additional value for electric vehicle (EV) customers and power system operators”.
At this week’s Geneva Motor Show Honda announced that it has also increased its ambitions in the transition toward EVs— and now intends to move 100% of its sales to electrified powertrains by 2025, up from the goal of two-thirds that was announced in 2017.
Moixa CTO Chris Wright said: “The GridShare software uses artificial intelligence to turn EVs into a smart energy resource tailored to each user’s needs. It ensures cars are charged in the most cost-effective way, it can use their batteries to power a home when energy costs are high, and it can aggregate spare capacity in a virtual power plant to help balance supply and demand.”
GridShare learns each driver’s patterns of use, making sure the car is charged and ready when needed, Moixa said. It can take advantage of EV tariffs, minimising costs by charging from the grid when power is cheap. It can also charge cars from stored solar energy at peak periods when power is expensive.
In 2018, Moixa agreed to export its battery technology to Japan under a partnership agreement with the country’s Itochu trading house— a Fortune 500 company.
BEST Battery Briefing reported last week that Moixa is working on a major project to expand EV smart charging and vehicle-to-grid (V2G) technology in the UK.