Charge Up At Home: Duke Energy Teams Up With GM, Ford, And BMW To Launch EV Subscription Service
Portfolio Pulse from Lekha Gupta
Duke Energy Corp (DUK) has partnered with General Motors Company (GM), Ford Motor Company (F), and BMW AG (BMWYY) to launch an electric vehicle (EV) subscription service in North Carolina. The service is part of the Open Vehicle Grid Integration Platform (OVGIP) and aims to manage EV charging in a grid-friendly and driver-centric manner. The pilot program offers residential customers up to 800 kWh per month for a fixed fee, with the goal of reducing trips to public charging stations and saving costs.
August 28, 2023 | 5:24 pm
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POSITIVE IMPACT
BMW's collaboration with Duke Energy, GM, and Ford on an EV subscription service could enhance its position in the EV market.
The collaboration with Duke Energy and other automakers on the EV subscription service could enhance BMW's reputation and position in the EV market, potentially leading to increased sales.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Duke Energy's new partnership with GM, Ford, and BMW to launch an EV subscription service could potentially increase its customer base and revenues.
The launch of the EV subscription service could attract more customers to Duke Energy, potentially increasing its revenues. The partnership with major automakers also enhances the company's reputation in the EV market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Ford's partnership with Duke Energy, GM, and BMW on an EV subscription service could boost its standing in the EV market.
Ford's collaboration with Duke Energy and other automakers on the EV subscription service could strengthen its reputation and position in the EV market, potentially leading to increased sales.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
General Motors' collaboration with Duke Energy, Ford, and BMW on an EV subscription service could enhance its position in the EV market.
The collaboration with Duke Energy and other automakers on the EV subscription service could enhance General Motors' reputation and position in the EV market, potentially leading to increased sales.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75