Rivian Aligns with Tesla's North America Charging Protocol to Boost Customer Access and EV Growth
Portfolio Pulse from Shivani Kumaresan
Rivian Automotive has agreed to adopt Tesla's North America charging standard, giving its customers access to 12,000 Tesla Superchargers with adapters by spring 2024. Rivian will also make a Tesla-style charging port standard in its vehicles from 2025. Tesla has recently struck deals with Ford and General Motors to use its charging technology.
June 20, 2023 | 2:13 pm
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POSITIVE IMPACT
Ford has struck a deal with Tesla to use its charging technology.
Ford's partnership with Tesla to use its charging technology will provide Ford's electric vehicle customers with greater access to charging infrastructure. This is likely to have a positive impact on Ford's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
General Motors has struck a deal with Tesla to use its charging technology.
General Motors' partnership with Tesla to use its charging technology will provide GM's electric vehicle customers with greater access to charging infrastructure. This is likely to have a positive impact on GM's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Rivian adopts Tesla's charging standard, providing customers access to 12,000 Superchargers by spring 2024 and making Tesla-style charging ports standard from 2025.
Rivian's adoption of Tesla's charging standard will provide its customers with greater access to charging infrastructure, making Rivian vehicles more attractive to potential buyers. This is likely to have a positive impact on Rivian's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Tesla's charging standard is adopted by Rivian, and the company has also struck deals with Ford and General Motors to use its charging technology.
Tesla's charging standard being adopted by Rivian, Ford, and General Motors increases the reach and influence of Tesla's charging infrastructure. This is likely to have a positive impact on Tesla's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100