Seven Automakers Joining Forces to Create New EV Recharging Network
Big news in the world of electrification as seven major automakers announce a joint venture to create a new EV charging network. The goal, to accelerate the transition to electric vehicles in North America, by making charging of EVs easier, more accessible and more reliable.
This new partnership is independent of the deals some of the automakers involved have made to access around 12,000 chargers in Tesla’s North American charging network, by the adoption of that EV maker’s NACS charger connector standard. Among the manufacturers committed to adopting the NACS standard, Polestar, Mercedes-Benz, Volvo, Rivian, Nissan and GM.
The first stations are scheduled to open in the USA in the summer of 2024, with Canadian stations following later. Each location will be equipped with several high-power DC charging stations, making long-distance journeys easier for customers, not least by reducing recharging times. Thanks to connected services, it will also be possible to plan itineraries and make reservations, payments and more.
BMW Group CEO Oliver Zipse: “North America is one of the world’s most important car markets – with the potential to be a leader in electromobility. Accessibility to high-speed charging is one of the key enablers to accelerate this transition. Therefore, seven automakers are forming this joint venture with the goal of creating a positive charging experience for EV consumers. The BMW Group is proud to be among the founders.
Hyundai CEO Jaehoon Chang: “Hyundai’s investment in this project aligns with our ‘Progress for Humanity’ vision in making sustainable transportation more accessible. Hyundai’s expertise in electrification will help redefine the charging landscape and we look forward to working with our other shareholders as we create this expansive high-powered charging network.”
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