GM to join Tesla's EV charging network, creating U.S. standard
BNN Bloomberg
General Motors Co. will adapt its electric vehicles to Tesla Inc.’s Superchargers, following Ford Motor Co.’s lead and all but ensuring it will become an industry standard in the US.
GM Chief Executive Officer Mary Barra broke her seven-month silence on Twitter to announce the news with Tesla CEO Elon Musk on Twitter Spaces Thursday, saying GM EVs will gain access to 12,000 Superchargers.
Tesla rose 4.5 per cent in premarket U.S. trading early Friday, while GM was up 3.3 per cent.
The move by GM effectively ends any indecision among automakers and their charging network partners over which standard to use. With the three largest US-based companies joining forces, it will put pressure on other companies to ditch the industry’s previous standard, called CCS, and build out their networks using Tesla’s system.