Mercedes-Benz Gains Access To Tesla Supercharger Network In North America
Portfolio Pulse from Shivani Kumaresan
Mercedes Benz Group ADR (OTC:MBGYY) will provide its customers with the option of using and access more than 12,000 Tesla, Inc. (NASDAQ:TSLA) Superchargers in North America starting in 2024. Mercedes-Benz will also establish its own High-Power Charging Network with more than 400 charging hubs, including more than 2,500 high-power chargers in North America by the end of the decade. The first Mercedes-Benz charging hubs in North America will be opened by the end of 2023.

July 07, 2023 | 4:36 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Mercedes Benz's decision to provide its customers with access to Tesla's Superchargers and establish its own High-Power Charging Network could potentially increase the attractiveness of its electric vehicles, potentially leading to increased sales.
Access to a wide network of charging stations is a key factor for many potential EV buyers. By providing access to Tesla's Superchargers and establishing its own charging network, Mercedes Benz is addressing this concern, which could potentially lead to increased sales of its electric vehicles.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Mercedes Benz's decision to provide its customers with access to Tesla's Superchargers could potentially increase the usage of Tesla's charging network, potentially leading to increased revenues from its energy business.
By allowing Mercedes Benz's customers to use its Superchargers, Tesla could potentially increase the usage of its charging network, which could lead to increased revenues from its energy business.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80