GM will adopt Tesla's North American charging standard
North American charging plug standard and give GM electric vehicle buyers access to the Tesla Supercharger network under an agreement announced on Thursday.
Investors applauded the deal, and the prospect of one charging hardware standard for the North American market. GM shares rose more than 4% after the bell and Tesla shares rose 4%. "I think this is just going to be a fundamentally great thing for the advancement of electric vehicles," Musk said during a Twitter Spaces conversation with Barra.The agreement is a reversal for GM, which had previously endorsed the rival "combined charging system," or CCS standard.
GM said it will equip EVs with connectors based on the Tesla North American Charging Standard design starting in 2025. Next year, current owners of GM EVs will be able to use 12,000 Tesla fast chargers in North America, and adapters will be made available.
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