- 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
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."
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