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

[BumRushDaShow]

Last edited Thu Jun 8, 2023, 09:53 PM - Edit history (1)

Source: CNBC

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 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. GM CEO Mary Barra told CNBC’s Phil LeBeau on Thursday that, as a result of a deal, the automaker expects to save up to $400 million of a previously announced $750 million investment to build out EV charging.

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.

Wall Street analysts hailed the Tesla-Ford deal as a “win-win” when that deal was announced last month. Both GM and Tesla stocks were up about 3% during after-hours trading Thursday. The deal was announced by Barra and Tesla CEO Elon Musk during a live audio discussion on Twitter Spaces. It comes as GM ramps up production of its fully electric vehicles in pursuit of Tesla-level sales volumes in the segment.

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

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Here is the GM Press release -

General Motors Doubles Down on Commitment to a Unified Charging Standard and Expands Charging Access to Tesla Supercharger Network

Thu, June 8, 2023

GM will begin to integrate the North American Charging Standard (NACS) in new EVs starting in 2025

GM customers will be able to access 12,000 Tesla Superchargers and growing beginning in early 2024

Builds on progress made to-date through the Ultium Charge 360 initiative to expand access for residential, work and public charging

DETROIT, June 8, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today a collaboration with Tesla to integrate the North American Charging Standard (NACS) connector design into its EVs beginning in 2025. Additionally, the collaboration will expand access to charging for GM EV drivers at 12,000 Tesla Superchargers, and growing, throughout North America. This agreement complements GM's ongoing investments in charging, reinforcing the company's focus on expanding charging access across home, workplace, and public spaces and builds on the more than 134,000 chargers available to GM EV drivers today through the company's Ultium Charge 360 initiative and mobile apps.

(snip)

More: https://investor.gm.com/news-releases/news-release-details/general-motors-doubles-down-commitment-unified-charging-standard

Article updated.

Original article -

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 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, 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 is expected to be 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.

[SunSeeker]

1. They need to build a lot more charging stations. There's already lines at Tesla charging stations.

And that's with just Teslas using them.

[Kablooie]

2. There are now Federal dollars reserved for building new charging stations.

and once all cars use the same connector, Telsas will start to use other company's chargers as well as Tesla's.
Currently Telsas can't connect to other high speed chargers without buying a huge, bulky, expensive adapter.

I'm glad that the Telsa connector will become the standard because it's so much easier to use than the huge CCS monstrosity.

[Initech]

3. Anything to get a standard developed!

Once a standard develops, then things can start getting efficient. That's how USB was created and that's how EV chargers should be created. The more efficient EV chargers are, the more that will entice people to buy EVs, which will result in better chargers and more chargers. Anything we can do to ween us off oil, the better!

[SunSeeker]

4. Agreed. All EV chargers should fit all EVs, just like all gas pumps fit all gas tanks. nt