2023-06-21 11:47:25
Wanfo Chaozong｜Tesla was adopted by the Texas government as the public charging network standard electric car rival Rivian officially joined
“Archyde.com” reported that the Texas government of the United States has requested electric vehicle charging companies that if they intend to participate in the federally funded highway electrification plan, they must also adopt the charging standard NACS of the leading electric vehicle Tesla (Tesla, US: TSLA) And the nationally recognized CCS charging standard.
Texas is home to Tesla’s headquarters and its Austin Gigafactory. The state has become the first state in the United States to mandate the use of Tesla’s charging technology “North American Charging Standard” (NACS). The state’s move boosts Tesla Chief Executive Elon Musk’s hopes of making NACS the national charging standard, the report said.
The Texas Department of Transportation said on Tuesday that in view of Ford Motor (Ford, US: F), General Motors (General Motors, US: GM) and Rivian (US: RIVN) decided to adopt NACS, which changed the requirements for the first phase of the plan. DC fast chargers for electric vehicles will be required to be equipped with a CCS and a NACS plug.
Under Biden’s “Reducing Inflation Act” to provide subsidies to support the US electric vehicle industry, the US Department of Transportation said earlier this year that charging companies must provide CCS plugs to be eligible for up to US$7.5 billion in federal government subsidies for use. To build new high-speed chargers along 12,070 kilometers of the nation’s busiest freeway. Federal funding flows through the states, which are empowered to set their own guidelines as long as they meet minimum federal standards, and are expected to receive their first round of funding this year.
Tesla said that there are regarding 2,000 super charging stations and more than 21,000 super charging piles in the United States, accounting for regarding 60% of the existing local fast charging piles. After Ford joined Tesla’s electric vehicle charging network in May, the established automaker GM announced earlier this month that it would cooperate with Tesla to use the leading electric vehicle charging network and technology in North America to save US$400 million in charging infrastructure costs.
Since Ford and GM announced their cooperation with Tesla, top US charging companies such as ChargePoint (US: CHPT) and EVgo (US: EVGO) have also expressed their hope to add the NACS standard to their charging piles. Manufacturers and operators of CCS systems, including ABB E-mobility North America under ABB in Sweden, Tritium DCFC (US: DCFC), FreeWire, SK Signet in South Korea and the latest BTC Power have announced that they will add NACS to their charging stations plug.
In addition, as mentioned earlier, “Archyde.com” reported that Rivian, an electric vehicle company known as the “Tesla killer”, will adopt NACS to allow car owners to use the largest charging network in the United States. Customers will be able to use 12,000 Tesla Superchargers equipped with adapters in the U.S. and Canada as soon as next spring, the company said. Although Rivian has its own network of small fast chargers and announced plans to build more than 3,500 charging stations in 2021, the company will also add Tesla’s charging interface standard to its vehicles starting in 2025.
Rivian CEO RJ Scaringe said this is an opportunity to take advantage of Tesla’s charging infrastructure. Rivian’s existing charging network will also provide Tesla standard plugs for Tesla owners who use Rivian charging piles. This deployment is expected to bring in a considerable source of income. He believes the network will soon be cash flow positive.
Tesla rose 5.34% to close at $274.45 on Tuesday, and rebounded 1.33% to $278.1 following hours; Rivian closed at $15.7, up 6%. Before the U.S. stock market opened on Wednesday, Tesla rose 1.35% to $278.15; Rivian rose 1.59% to $15.95.
In addition, South Korea’s Hyundai Motor (Hyundai Motor) President and CEO Jaehoon Chang also said that it will consider making its electric vehicles more compatible with the charging standard that Tesla is promoting in North America.
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