Finance
Tesla charging technology put on fast track to become US industry standard
Tesla’s electric-vehicle charging technology is being put on a fast track to become a U.S. standard, the automotive industry group of engineers that reviews standards said on Tuesday.
Tesla’s NACS standard has been gathering momentum for weeks. General Motors and Ford have said they would embrace Tesla’s NACS, shunning earlier efforts by the Biden administration to make the Combined Charging System (CCS) the dominant charging standard in the United States.
On Tuesday the Society of Automotive Engineers (SAE) said it would start an expedited process to review NACS as a potential public standard.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | TESLA INC. | 241.05 | -15.55 | -6.06% |
| F | FORD MOTOR CO. | 14.39 | +0.28 | +2.02% |
| GM | GENERAL MOTORS CO. | 36.70 | +0.52 | +1.44% |
RIVIAN, TESLA REACH DEAL FOR USING EV SUPERCHARGER NETWORK
“The new SAE NACS connector standard will be developed on an expedited timeframe and is one of several key initiatives to strengthen the North American EV charging infrastructure,” the engineers group said in a statement.
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