Rivian Brings Tesla Another Step Closer To Changing The Charging Standard
Portfolio Pulse from Upwallstreet
Rivian Automotive announced it will adopt Tesla's charging standard, giving Rivian drivers access to Tesla's Superchargers in the US and Canada. Rivian will also add Tesla-standardized charging ports on its EVs by 2025. The company will continue expanding its own fast-charging network with Tesla-standardized plugs.
June 21, 2023 | 8:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Rivian's adoption of Tesla's charging standard will give its drivers access to Tesla's extensive Supercharger network, potentially increasing the appeal of Rivian's EVs.
Rivian's decision to adopt Tesla's charging standard will give its drivers access to the largest charging network in the US, making Rivian's EVs more attractive to potential buyers. This could lead to increased sales and a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rivian's adoption of Tesla's charging standard and the potential for other automakers to follow suit could help Tesla establish its charging technology as the industry standard.
Rivian's decision to adopt Tesla's charging standard, along with other automakers considering the same move, could help Tesla establish its charging technology as the industry standard. This would further solidify Tesla's position in the EV market and could have a positive impact on its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80