Around the Net

Volvo Signs Deal With Tesla To Use Charging System

  • CNBC, Wednesday, June 28, 2023 5:48 PM
Volvo Cars is the latest automaker to announce it has signed a deal with Tesla to use its charging system.  "Under the deal, Volvo’s EVs will be equipped with Tesla-designed plugs, called the North American Charging Standard, starting in 2025," per CNBC. "Volvo’s deal with Tesla appears identical to deals struck in recent weeks by Ford Motor, General Motors and Rivian. While other rivals, including Hyundai and Chrysler parent Stellantis have said they are considering similar moves, Volvo is the first European EV maker to formally commit to the NACS charging standard for its EVs sold in North America."

advertisement

advertisement

Read the whole story at CNBC »

Next story loading loading..