PG&E Corp. (PCG) announced that International Business Machines Corp. (IBM) has teamed with American Honda Motor Co., Inc. and Pacific Gas and Electric Company on a new pilot project that will allow communication between electric vehicles or EVs and the power grid. This project will demonstrate and test an electric vehicle's ability to receive and respond to charge instructions based on the grid condition and the vehicle's battery state.
With visibility into charging patterns, energy providers will have the ability to more effectively manage charging during peak hours and create consumer-friendly programs to encourage electric vehicle adoption, PG&E Corp said.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.