The American-Made EV Promise Promises To Change The Global EV Power Order
Portfolio Pulse from Upwallstreet
General Motors (GM) and Ford (F) have agreed to access Tesla's (TSLA) EV-charging infrastructure across North America. By 2025, Ford and GM will integrate Tesla charging tech into their next-generation EVs. Meanwhile, Worksport (WKSP) is relocating its headquarters to West Seneca, NY to accelerate its operations.
June 12, 2023 | 5:29 pm
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Ford will access Tesla's EV-charging infrastructure and integrate Tesla charging tech into its next-generation EVs by 2025.
Access to Tesla's charging infrastructure will enhance Ford's EV offerings and make them more attractive to consumers, potentially boosting sales and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
General Motors will access Tesla's EV-charging infrastructure and integrate Tesla charging tech into its next-generation EVs by 2025.
Access to Tesla's charging infrastructure will enhance GM's EV offerings and make them more attractive to consumers, potentially boosting sales and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Tesla has agreed to provide access to its EV-charging infrastructure for General Motors and Ford, with integration of Tesla charging tech into their next-generation EVs by 2025.
The agreement with GM and Ford will expand the use of Tesla's charging infrastructure, potentially increasing its value and boosting Tesla's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Worksport is relocating its headquarters to West Seneca, NY to accelerate its operations, including the production of its Solis solar tonneau cover and COR portable energy storage system.
The relocation of Worksport's headquarters is expected to accelerate its operations and production, potentially increasing its market presence and boosting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100