This Image Shows Which Automakers Haven't Switched To Tesla's Charging Stations
Portfolio Pulse from Benzinga EV Insights
Tesla's North American Charging Standard (NACS) is becoming the dominant charging standard in the electric vehicle (EV) world, with Lucid Group being the latest to adopt it. However, Volkswagen and Stellantis have yet to adopt the NACS. Stellantis has little incentive to do so as it is barely producing any EVs in the U.S., while Volkswagen owns the Electrify America charging network, which competes with Tesla's NACS Supercharger network.
November 07, 2023 | 10:08 pm
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POSITIVE IMPACT
Lucid Group has adopted Tesla's NACS, which could enhance its compatibility with the dominant charging infrastructure.
By adopting Tesla's NACS, Lucid Group could attract more customers due to the compatibility with the dominant charging infrastructure, potentially boosting its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Tesla's NACS is becoming the dominant charging standard in the EV world, which could strengthen Tesla's position in the market.
The widespread adoption of Tesla's NACS could lead to increased demand for Tesla's EVs and Supercharger network, potentially boosting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Stellantis has yet to adopt Tesla's NACS, which could limit its compatibility with the dominant charging infrastructure.
Stellantis's reluctance to adopt Tesla's NACS could limit its EVs' compatibility with the dominant charging infrastructure, potentially hurting its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70