Volkswagen May Join Other Players - It's In Talks with Tesla to Adopt North American Charging Standard
Portfolio Pulse from Anusuya Lahiri
Volkswagen AG is in talks with Tesla, Inc to adopt its North American Charging Standard (NACS) technology. Volkswagen's charging network unit, Electrify America, has agreed to use the system. Other automakers and charging equipment makers, including Ford Motor Co, General Motors Co, and ChargePoint Holdings, Inc, have also signed up for Tesla's charging design. Volkswagen is considering implementing the NACS for its North American customers.
June 30, 2023 | 12:03 pm
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POSITIVE IMPACT
ChargePoint Holdings has signed up for Tesla's charging design, which could enhance its charging equipment offerings.
Adopting Tesla's charging technology could enhance ChargePoint's charging equipment offerings and make them more attractive to consumers.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Ford has signed up for Tesla's charging design, which could enhance its EV infrastructure.
Adopting Tesla's charging technology could enhance Ford's EV infrastructure and make its EVs more attractive to consumers.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
General Motors has signed up for Tesla's charging design, which could enhance its EV infrastructure.
Adopting Tesla's charging technology could enhance General Motors' EV infrastructure and make its EVs more attractive to consumers.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Tesla's charging technology is being adopted by several automakers, including Volkswagen, which could increase its influence in the EV market.
The adoption of Tesla's charging technology by several automakers could increase its influence in the EV market and potentially generate additional revenue.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Volkswagen is in talks with Tesla to adopt its charging technology, which could enhance its EV infrastructure.
Adopting Tesla's charging technology could enhance Volkswagen's EV infrastructure and make its EVs more attractive to consumers.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Hyundai Motor Co's charging system design could face competition from Tesla's charging design.
The adoption of Tesla's charging technology by several automakers could pose a threat to Hyundai's charging system design.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 60