TOKYO, Jan 19, 2022 - (JCN Newswire) - As part of the next step into the energy management business, Honda is partnering with the V2X Suisse consortium to demonstrate the vital role of electric vehicles (EVs) and bi-directional charging technology in the future of energy management.

Honda will supply 50 Honda e electric vehicles to Switzerland's car sharing operator, Mobility. The Honda e units will be used as part of a car sharing fleet in a pioneering trial which uses the Honda e's bi-directional charging function to feed energy back to the grid when the vehicles are not in use for sharing. To allow bi-directional charging, Honda is also providing 35 Honda Power Manager units. These will deliver vehicle-to-grid (V2G) energy recovery capability for Mobility, at various urban and suburban sites across Switzerland.

The V2X Suisse trial includes the world's first mass-deployment of the COMBO-CCS (Combined Charging System) configuration with bi-directional functionality: currently Honda e is the only electric vehicle in the European market to allow both charging and discharging, as standard, for the European charging system CCS, making the Honda e the perfect vehicle to join the fleet.

Honda Power Manager is a bi-directional system that connects EVs to a power grid, enabling the collection and distribution of electricity between the two. This allows for intelligent balancing of the supply and demand of energy, including the better use of renewable sources and supports the stabilisation of the grid.

In this project, a total of 50 Honda e units will be allocated to 40 stations across Switzerland. A single Honda e can feed up to 20 kilowatts of power back into the grid when plugged into a bi-directional charging station. This not only regulates power to stabilise the grid during periods of high demand and minimise bottlenecks in the distribution of energy, but also reduces the need for expensive grid expansions as demand for EV charging increases.

Using a cloud-to-cloud IT platform developed by fellow consortium member sun2wheel, the Honda Power Manager units can manage the available power for each EV in 15 minute cycles to assess and regulate the flow of electricity. The scheme will enable Honda to verify the relationship between vehicle usage frequency and V2G operation, actual V2G operation time and frequency, and how this impacts on customer convenience.

Honda aims to create a sustainable society with zero environmental impact by connecting electrified mobility products and energy services, whilst contributing to the 'freedom of mobility' and 'expanding the use of renewable energy'. Not only the smart electric car, but innovations such as the bi-directional Honda Power Manager charging system will become increasingly important in a future carbon neutral society where both EVs and the use of renewable energy will become commonplace.

Through a real-world demonstration, Honda can conduct data collection and analysis of car sharing and V2G battery energy services, which will lead to the development of Honda's future energy services.

The actual demonstration of this project will start from September 2022, and will run until the end of 2023, includes consortium members Mobility, EVTEC, sun2wheel, tiko, Novatlantis and ETH Zurich, and is supported by the Swiss Federal Office of Energy.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comAs part of the next step into the energy management business, Honda is partnering with the V2X Suisse consortium to demonstrate the vital role of electric vehicles (EVs) and bi-directional charging technology in the future of energy management.

Accordingly, the SEC advised the public not to invest or stop investing in CryptoPayz and in all other entities promoting or applying the same or similar scheme.

The post SEC Issues Advisory against CryptoPayz appeared first on BitPinas.

OlympusDAO's recent crash has revealed a high degree of correlation between "rebase DAO" tokens, with even the largest affected.

The post DAO leader causes cascade across ‘rebase’ tokens after $11M dump appeared first on Protos.

Without any sign of gas fees on Ethereum being less of a pain to users, the fees continue to be a hot topic, and a driving force and tailwind for so-called Layer-1 competitors such as Solana and Avalanche, both of whom boast much lower fees.

The post Ethereum gas fee tokens poor performers, Ponzi accusations appeared first on CryptoSlate.

Technologies that were state of the art 50 years ago will be usurped by Bitcoin as the superior technology makes itself apparent.

Based on the “Global Financial City Tokyo” Vision 2.0 (announced in November 2021), the Tokyo Metropolitan Government (TMG) is working on the digitalization of finance using FinTech and the cumulation of various financial players including FinTech. We are pleased to announce that the following company has been selected to manage the newly established “FinTech Support […]

The post Tokyo Metropolitan Government Announces Operating Company Selection for FinTech Support Fund appeared first on Fintech News.

Web3 flamewars are becoming an almost daily occurrence on Hacker News, the startups incubator that gave us Coinbase among others. The topic of the day is whether it is or...

The Commission also indicated that the names involved will be reported to the Bureau of Internal Revenue (BIR) so that the appropriate penalties and/or taxes be correspondingly assessed.

The post SEC Issues Advisory Against TuneGaga appeared first on BitPinas.

Walmart, the world’s largest company by revenue, appears to be positioning itself for a venture into the world of crypto and non-fungible tokens (NFTs). The company is also laying the groundwork to create its own cryptocurrency to contend with the likes of Bitcoin and Ethereum. Walmart Prepares For The Metaverse Walmart could be the next […]

Gary Gensler is back, and guess what? Crypto users might have to brace tighter for what he has in store for them in 2022. Speaking to CNBC earlier last week, the SEC chairman vowed to deal with the crypto “wild west”, stepping up 2021’s regulation efforts through the enactment of laws and scrutiny structures. Gensler […]

SFC Capital and FINTECH Circle are partnering to find the next top 10-20 fintech startups or scaleups. SFC Capital has assigned £1.5m in funds which will be distributed among the selected startups. The final list of startups will be revealed by mid April 2022. Candidates must be UK based eligible for the UK Government’s Seed Enterprise […]

The post SFC Capital & FINTECH Circle launch £1.5 Million Fund appeared first on Fintech News.

Pakistan wants to block websites that deal with crypto according to the Pakistani Federal Investigation Agency as we read further in today’s cryptocurrency latest news. The decision followed a meeting with the agency and the State of Pakistan which recommended a complete ban on crypto. Pakistan wants to block websites even that have to deal […]