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Leap and ChargeScape have announced a strategic partnership focused on enhancing electric vehicle (EV) integration into U.S. electric grids. By building the nation's largest EV virtual power plant, the initiative aims to boost grid capacity and provide financial benefits to EV owners. ChargeScape's platform, which connects power grids with major automakers, will work with Leap's market automation technology to facilitate EV participation in various grid services. This collaboration not only offers new revenue streams for automakers but also seeks to make EV ownership more affordable, while strengthening grid resiliency and extending market access across the country.
In other market news, Delta Electronics (Thailand) was a notable mover up 6.5% and closing at THB114.00. Meanwhile, Isuzu Motors trailed, down 6% to end the day at ¥1,892.
Best EV Stocks
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Tesla finished trading at $334.07 up 4.9%.
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BYD closed at HK$414.60 up 4.7%, near its 52-week high.
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Ford Motor settled at $10.60 up 0.5%. Two days ago, a proposal regarding supply chain GHG emissions was not approved by Ford shareholders.
Key Takeaways
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Unlock our comprehensive list of 54 EV Stocks like Lucid Group, Hyundai MobisLtd and Li Auto by clicking here.
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Curious About Other Options? The end of cancer? These 24 emerging AI stocks are developing tech that will allow early idenification of life changing disesaes like cancer and Alzheimer's.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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