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GM Vehicles Will Plug Into Tesla’s Fast Chargers, Too

GM Vehicles Will Plug Into Tesla’s Fast Chargers, Too

General Motors drivers will be able to plug into Tesla’s 12,000 fast Superchargers next year, and its electric vehicles will use the same charging hardware as Tesla starting in 2025. GM CEO Mary Barra said it would help the industry move toward a single North American charging standard.

  • Tesla’s Supercharger network, with more than 17,700 fast chargers at more than 1,650 locations, is the nation’s largest and seen as the most reliable, The Wall Street Journal said. GM’s move is the latest endorsement of Tesla’s charging technology, the North American Charging Standard, or NACS, as the industry standard.
  • Ford Motor and Tesla stock soared after announcing last month that Ford’s customers will be able to use Tesla’s 12,000 Superchargers starting in 2024. Ford will also adopt the charging hardware Tesla uses in about two years. Ford has increased production of F-150 Lightning XLT pickups.
  • Both auto makers say enabling their EV customers to access Tesla’s charging network instantly expands the number of locations where they can recharge, even if they will initially need an adapter to do so. GM’s shares rose 5% in late trading Thursday.
  • Tesla shares rose Thursday for a 10th consecutive day, rising 4.6% to $234.86, and was the most active in the Nasdaq 100 Index Thursday, per Dow Jones Market Data. Electrek reported that Tesla plans to make 375,000 Cybertrucks a year. Tesla didn’t respond to Barron’s request for comment.

What’s Next: Sharing its network with non-Tesla vehicles could help Tesla qualify for billions of federal dollars as the U.S. seeks to expand the nation’s EV charging infrastructure. Tesla gains free advertising and more money from its charging network.

Janet H. Cho and Al Root from Barrons