GM to use Tesla's charging network, joining Ford in leveraging EV leader's tech

https://www.cnbc.com/2023/06/08/gm-tesla-partner-on-ev-charging-network.html

DETROIT — General Motors will follow crosstown rival Ford Motor in partnering with Tesla to use the electric vehicle leader’s North American charging network and technologies.

Under the deal, GM vehicles will be able to access 12,000 of Tesla’s fast chargers using an adapter and through the Detroit automaker’s EV charging app, starting next year.

GM, like Ford, will also begin installing a charging port used by Tesla, known as NACS, or the North American Charging Standard, instead of the current industry-standard CCS in its EVs starting in 2025.

The partnerships with now two leading Detroit automakers is a major win for Tesla and its charging technology. It is expected to add pressure on other automakers — as well as the U.S. government, which is investing billions in building out an EV charging network — to adopt Tesla’s technology.

The deal was announced by GM CEO Mary Barra and Tesla CEO Elon Musk during a live audio discussion Thursday on Twitter Spaces. GM is ramping up production of its fully electric vehicles in pursuit of Tesla-level sales volumes in the segment.

submitted by /u/barelyincollege
[link] [comments] https://www.reddit.com/r/stocks/comments/144km3h/gm_to_use_teslas_charging_network_joining_ford_in/
Created 2y | Jun 9, 2023, 12:20:42 AM


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