Tesla Chargers Required At State-Funded Charging Stations: Texas Mandate
Portfolio Pulse from Anan Ashraf
Texas mandates all state-funded EV charging stations to have Tesla's NACS and rival CCS charging standards. Rivian and Ford have adopted NACS, while Hyundai considers it. Charging equipment makers like Blink Charging, ChargePoint, Tritium DCFC, and BTC Power will add NACS connectors.
June 21, 2023 | 2:57 am
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POSITIVE IMPACT
Ford collaborates with Tesla to adopt NACS charging standard, increasing customer access to Tesla's 12,000 superchargers across the US and Canada.
Ford's collaboration with Tesla to adopt the NACS charging standard will increase customer access to Tesla's superchargers, making it more convenient for Ford EV customers. This could lead to increased demand for Ford EVs and potentially boost its stock price.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Rivian adopts Tesla's NACS charging standard across the US and Canada, increasing compatibility with Tesla's charging infrastructure.
Rivian's adoption of Tesla's NACS charging standard will increase its compatibility with Tesla's charging infrastructure, making it more convenient for Rivian customers. This could lead to increased demand for Rivian vehicles and potentially boost its stock price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 75
POSITIVE IMPACT
Texas mandates Tesla's NACS at state-funded EV charging stations, boosting the adoption of Tesla's charging standard.
The Texas mandate will increase the adoption of Tesla's NACS charging standard, making it more attractive for other automakers and charging equipment makers to adopt it. This could lead to increased demand for Tesla's charging infrastructure and potentially boost its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100