Following American automakers GM and Ford, electric vehicle company Rivian has also decided to use Tesla's charging network, the 'Supercharger.' This is seen as Tesla's charging method becoming closer to the North American industry standard.
On the 20th (local time), Rivian announced that it had signed an agreement with Tesla regarding this matter. As a result, Rivian customers will be able to charge using more than 12,000 Tesla Superchargers across the United States and Canada as early as spring 2024. Additionally, starting in 2025, Rivian vehicles will adopt Tesla's charging connector standard (NACS) as the default.
R.J. Scaringe, CEO of Rivian, said, "Rivian customers will now be able to utilize Tesla's extensive Supercharger network," adding, "We look forward to continuously finding new ways to accelerate EV adoption." However, Rivian plans to continue building its own network of fast chargers.
With Rivian adopting Tesla's Supercharger following Ford and GM, Tesla's charging method is being recognized as the dominant standard in the North American region. Rebecca Tinuchi, Tesla's head of charging infrastructure, said, "We are pleased to see the industry coming together to choose a North American charging standard," adding, "This will ensure all electric vehicle drivers have easy and reliable access to charging hardware."
Earlier, Stellantis also announced that it is reviewing Tesla's charging standard. According to the U.S. Department of Energy, Tesla's Superchargers account for about 60% of all fast chargers in the United States. Hyundai Motor's EVs currently use the U.S. standard charging method, CCS (Combined Charging System).
Meanwhile, on the New York Stock Exchange this afternoon, Tesla's stock price is trading near $270 per share, up nearly 4% from the previous session. Rivian's stock price is recording a 3.4% increase.
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