BMW To Adopt Tesla's EV Charging Standard For Future Vehicles
Portfolio Pulse from Benzinga Neuro
BMW, along with its subsidiaries Mini and Rolls-Royce, plans to incorporate Tesla's electric vehicle charging standard in its future EVs. Owners of electric vehicles equipped with the Combined Charging System (CCS) outlet will gain access to Tesla’s Supercharger network in early 2025. BMW will also begin manufacturing EVs with Tesla’s charging standard integrated into the vehicle that same year.
October 18, 2023 | 3:56 am
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POSITIVE IMPACT
BMW's decision to adopt Tesla's EV charging standard could enhance the appeal of its future EVs by providing access to Tesla's extensive Supercharger network.
Adopting Tesla's charging standard could make BMW's future EVs more attractive to potential buyers due to the extensive reach and reliability of Tesla's Supercharger network. This could potentially boost BMW's EV sales.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rolls-Royce, as a subsidiary of BMW, will also benefit from the adoption of Tesla's EV charging standard in its future EVs.
As a subsidiary of BMW, Rolls-Royce's future EVs will also incorporate Tesla's charging standard. This could enhance the appeal of Rolls-Royce's future EVs and potentially boost sales.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tesla could benefit from BMW's decision to adopt its EV charging standard, as it could lead to increased usage of its Supercharger network.
BMW's decision to adopt Tesla's charging standard could lead to increased usage of Tesla's Supercharger network, potentially generating additional revenue for Tesla.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100