Hyundai joins EV charging port revolution, adopts Tesla standard: Who's next?
Hyundai announced its plans to adopt Tesla's electric vehicle (EV) charging standards. This strategic decision positions Hyundai alongside other automotive giants such as Ford, General Motors, Honda, and Polestar, all seeking to provide their drivers access to Tesla's rapidly expanding supercharger network as the electric vehicle competition intensifies.
Hyundai's Adoption of Tesla's Charging Standards
Hyundai's announcement outlines its commitment to equip its electric vehicles with Tesla's North American Charging Standard (NACS) by late next year. The partnership aims to instill confidence in Hyundai drivers, assuring them of convenient charging access at approximately 30,000 North American charging stations. This initiative becomes crucial as EV manufacturers strive to expand charging networks, a pivotal factor for promoting long-distance EV travel.
This announcement propelled Hyundai's stock price, with shares surging by 4% during Thursday morning trading, reaching approximately $39.
Honda and Mercedes-Benz Following Suit
Honda, another prominent automaker, has also pledged to incorporate Tesla's charging ports into its electric vehicle fleet, starting in 2025. Until then, Honda's EVs will feature the traditional Combined Charging System port. However, drivers can access Tesla's North American chargers during this interim period using an adapter.
Mercedes-Benz has announced plans for its EV drivers to utilize more than 12,000 of Tesla's North American charging stations by employing an adapter, commencing next year. Furthermore, Mercedes-Benz's EV models manufactured from 2025 onward will come equipped with charging ports compatible with Tesla's chargers.
Volkswagen and Polestar's Agreement
Volkswagen, a
