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Tesla's charging deals with GM and Ford have charging rivals scrambling to keep up

Jun 13, 2023, 23:59 IST
Business Insider
Ford and GM recently announced their vehicles will have access to Tesla's sprawling charging network.Kena Betancur/VIEWpress via Getty Images
  • Tesla is slowly opening many of its charging stations to vehicles of other automakers.
  • Ford and GM recently said their cars will be able to use Tesla Superchargers.
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It looks like Tesla's Superchargers are going to win out after all.

After Ford and General Motors both inked deals to let their customers access the sprawling network, several other private charging operators said they would also add compatibility.

Tritium, an Australian company that manufactures EV chargers, said Monday that it would add a connector option for the North American Charging Standard, or NACS, the plug first designed by Tesla and opened to other automakers in 2022.

EVgo, which operates one of the largest non-Tesla charging networks in the US, also said it would expand NACS connectors to its network, specifically citing the moves by Ford and GM in its press release.

The two new announcements follow a slew of others in recent months by charger manufacturers to adopt NACS connectivity, according to a roundup by Jaan Juurikas of EV Universe.

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Tesla's NACS will now compete with two other main charging port types: CCS and CHAdeMO, which companies like Tritium and EVgo also offer.

Tesla's chargers are lighter and easier to use — and the company's Superchargers stations are known for their uptime and lack of issues that plague other chargers. Still, though, Tesla's connector wasn't always the holy grail.

Tesla only recently switched to the name "North American Charging Standard" recently, a move that appears to have paid off.

For years, wide swaths of the industry have worked to conform to CCS and CHAdeMO, which is still the default for competitors like Hyundai, Kia, Volkswagen, and others.

If more automakers continue to offer Tesla connectivity, the benefits could be huge for Tesla. Dan Ives, an analyst at Wedbush Securities, estimated the GM and Ford deals could bring in an extra $3 billion in revenue for Tesla over the coming years.

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