Current:Home > StocksTesla's charging network will welcome electric vehicles by GM -SecureWealth Bridge
Tesla's charging network will welcome electric vehicles by GM
TradeEdge Exchange View
Date:2025-04-07 07:07:11
Electric vehicles made by General Motors will be able to use much of Tesla's extensive charging network beginning early next year.
GM CEO Mary Barra and her Tesla counterpart, Elon Musk, made the announcement Thursday during a Twitter Spaces conversation. Their discussion comes two weeks after Ford CEO Jim Farley said its electric vehicles would gain access to much of Tesla's EV-charging network.
"Like Ford, we see this as an opportunity to expand access to charging," Barra said.
For now, GM and Ford EV owners will need an adapter to hook into the Tesla stations, which have their own connector — the plug that links an electric vehicle to a charging station. But both GM and Ford said they will switch to Tesla's North American Charging Standard connector starting with new EVs produced in 2025.
Tesla has about 17,000 Supercharger stations in the U.S. GM joins Ford in shifting its electric vehicles to work with about 12,000 of those chargers. There are about 54,000 public charging stations in the U.S., according to the Department of Energy, but many charge slower than Tesla stations.
Infrastructure must come first
EVs are drawing more attention within the automotive industry, as shoppers grow curious about their capabilities and as automakers race to assert dominance in the market. A survey released earlier this year from Deloitte found that "the availability of charging infrastructures" is a top concern among potential EV buyers, after cost.
The proliferation of charging stations nationwide will play a large role in encouraging consumers to buy electric, experts have said.
Details on a payment structure allowing Ford and GM customers to charge their vehicles at the stations are still being worked out. GM EV owners may have to pay a monthly fee to access Tesla's charging network, or they could pay for each use. Current GM owners probably will need to purchase the adapter, GM spokesman Darryll Harrison said.
Tesla's Supercharger network is a huge competitive advantage for the company which sells more EVs than anyone else in the U.S. Chargers often are located near freeways to enable long trips, where most fast-charging plugs are needed, and generally they're more reliable than other networks.
Double the number of chargers
Barra said joining Tesla's network would almost double the number of chargers available to GM electric vehicle owners.
"At the end of the day, we're looking at what's best for our customers," Barra said. "We aren't the only company that comes up with good ideas."
Mike Austin, an electric vehicles analyst for Guidehouse Insights, said GM joining the Tesla network is a huge step toward making Tesla's connector the industrywide standard.
Tesla to open part of charging network to other EVs, as Biden officials announce latest steps in expansion of charging stations
"It seems like there's a lot of momentum going the way of the North American Charging Standard, for sure," he said.
If other large EV makers such as Hyundai, Kia, Volkswagen and Nissan, also switch connectors, Tesla would get a large amount of revenue from its chargers, Austin said.
Earlier this year, the White House announced that at least 7,500 chargers from Tesla's Supercharger and Destination Charger network would be available to non-Tesla electric vehicles by the end of 2024.
veryGood! (9)
Related
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Shaun White Reveals How He and Fiancée Nina Dobrev Overcome Struggles in Their Relationship
- 'Wanted' posters plastered around University of Rochester target Jewish faculty members
- Satire publication The Onion acquires Alex Jones' Infowars at auction
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Natural gas flares sparked 2 wildfires in North Dakota, state agency says
- Chris Martin and Gwyneth Paltrow's Son Moses Martin Reveals His Singing Talents at Concert
- 'Serial swatter': 18-year-old pleads guilty to making nearly 400 bomb threats, mass shooting calls
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- New York races to revive Manhattan tolls intended to fight traffic before Trump can block them
Ranking
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- US wholesale inflation picks up slightly in sign that some price pressures remain elevated
- UConn, Kansas State among five women's college basketball games to watch this weekend
- What Just Happened to the Idea of Progress?
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Brianna LaPaglia Addresses Zach Bryan's Deafening Silence After Emotional Abuse Allegations
- Historian Doris Kearns Goodwin to kick off fundraising effort for Ohio women’s suffrage monument
- Top Federal Reserve official defends central bank’s independence in wake of Trump win
Recommendation
Taylor Swift makes surprise visit to Kansas City children’s hospital
Food prices worried most voters, but Trump’s plans likely won’t lower their grocery bills
She's a trans actress and 'a warrior.' Now, this 'Emilia Pérez' star could make history.
New Pentagon report on UFOs includes hundreds of new incidents but no evidence of aliens
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Mike Tyson concedes the role of villain to young foe in 58-year-old’s fight with Jake Paul
After years of unrest, Commanders have reinvented their culture and shattered expectations
More than 150 pronghorns hit, killed on Colorado roads as animals sought shelter from snow