General Motors Forges New Path By Partnering With Tesla's Charging Network After Ford
General Motors (GM) has announced the addition of Tesla to its massive charging network to bolster the infrastructure for electric vehicles (EVs). This news comes just a few weeks after Tesla allowed Ford access to its EV charging stations, demonstrating its commitment to promoting the widespread adoption of electric vehicles.
Tesla, a pioneer in the electric vehicle sector, has been aggressively working to improve the accessibility and convenience of charging stations for EV users. Adding General Motors to its charging network is key to establishing a more unified and integrated EV charging infrastructure.
The inclusion of General Motors follows a recent arrangement between Tesla and Ford in which Tesla granted Ford access to its enormous charging station network. This strategic engagement between two key EV industry players illustrates a collaborative approach to developing a viable charging infrastructure.
After Ford, GM Has Also Tied Up With Tesla For The Electric Charging Network
On LinkedIn, General Motors shared the news with the caption, "We want to bring #EverybodyIn to the all-electric future, and cross-industry collaboration is essential to that goal."
Beginning in 2024, GM vehicles will be able to use an adaptor and the Detroit automaker's EV charging app to connect to 12,000 Tesla fast chargers.
Starting in 2025, GM, like Ford, will begin installing a charging port used by Tesla called NACS, or the North American Charging Standard, rather than the existing industry standard CCS, in its EVs.
GM CEO Mary Barra told CNBC's Phil LeBeau on Thursday that the automaker expects to save up to $400 million of a previously planned $750 million expenditure to roll out EV charging infrastructure as a result of a contract.
Partnership Between The Two Leaders
The collaborations with two key Detroit automakers are a significant gain for Tesla and its charging technology. It is likely to put additional pressure on other automakers to adopt Tesla's technology, as well as on the US government, which is investing billions in building out an EV charging network.
When the Tesla-Ford deal was announced last month, Wall Street experts welcomed it as a "win-win" situation. GM and Tesla stocks were both up nearly 3% in after-hours trade on Thursday.
Barra and Tesla CEO Elon Musk revealed the deal during a live audio discussion on Twitter Spaces. It comes as GM speeds up production of completely electric vehicles in order to compete with Tesla in the market.
It also represents a significant shift in GM's strategy. GM collaborated with the technical organisation SAE International to establish and refine an open connector standard for CCS when Ford announced its relationship with Tesla.
"I think we have a real opportunity here to drive this to be the unified unit standard for North America, which I believe will enable more mass adoption, so I couldn't be more excited," Barra remarked during the brief talk.
Adding to the intrigue of enemies collaborating, the Twitter Spaces tweet was Barra's first since Oct. 27, when she quit using the social media network after Musk purchased it. At the same time, GM stopped advertising on the platform.
Tesla claims to have around 45,000 supercharger connectors at 4,947 supercharger stations worldwide.?The corporation does not specify how many are in the United States. According to the US Department of Energy, the country only possesses roughly 5,300 CCS fast chargers.
What do you think about it? Do let us know in the comments.
For more trending stories, follow us on Telegram.?
