Current:Home > FinanceIn big win for Tesla, more car companies plan to use its supercharging network -Dynamic Money Growth
In big win for Tesla, more car companies plan to use its supercharging network
View
Date:2025-04-27 20:30:41
A growing number of automakers are modifying their electric vehicles so drivers can recharge them using Tesla's network of superchargers.
Mercedes-Benz said Friday that its EV customers will get access to more than 12,000 Tesla superchargers starting next year. The German company joins car makers including Ford, General Motors and Rivian to adopt Tesla's technology. Mercedes' move is part of a larger effort across the auto industry to offer drivers a universal charging port for EVs irrespective of the vehicle manufacturer.
For now, Mercedes drivers must use one of 60,000 "Mercedes me Charge" stations across the U.S. to recharge their electric vehicle. But EV owners will eventually be equipped an adapter so their vehicle connects to a Tesla supercharger, the automaker said. Electric vehicles made in 2025 and beyond will already have the supercharger port, the company noted.
"We are dedicated to elevating the entire EV-experience for our customers — including fast, convenient and reliable charging solutions wherever their Mercedes-Benz takes them," Ola Källenius, Mercedes-Benz board chairman, said in a statement.
A Tesla supercharger uses a three-pronged connector — known within the industry as the North American Charging Standard (NACS) — to send 120 volts of electricity to a vehicle's battery. A 15-minute charge gives a Tesla enough power to travel up to 200 miles, the company says on its website. Ford, GM, Rivian and Volvo have vowed to design their future EVs with a NACS port with an eye toward making it the industry standard.
Mercedes said Friday it's planning to add more than 2,500 chargers across North America by the end of 2030. The first batch of NACS charging stations, which Mercedes and non-Mercedes drivers can use. will open at the end of this year, the company said. Mercedes also plans to build hundreds of charging stations across Europe and China.
Offering more charging stations is one strategy automakers are using to further entice customers to buy EVs. The electric car market, which is expected to reach $1.1 trillion globally by 2030, has had starts and stops in recent years, ignited by supply-chain woes caused by the pandemic and Russia's ongoing war in Ukraine.
EVs are drawing more attention within the automotive industry, as shoppers grow curious about their capabilities and as automakers race to assert dominance in the market. A survey released this year from Deloitte found that "the availability of charging infrastructures" is a top concern among potential EV buyers, after cost.
The Associated Press contributed to this report.
- In:
- Tesla
- General Motors
- mercedes benz
Khristopher J. Brooks is a reporter for CBS MoneyWatch covering business, consumer and financial stories that range from economic inequality and housing issues to bankruptcies and the business of sports.
TwitterveryGood! (395)
Related
- The White House is cracking down on overdraft fees
- Elle King Addresses Relationship With Dad Rob Schneider Amid Viral Feud
- Elle King Addresses Relationship With Dad Rob Schneider Amid Viral Feud
- Colin Farrell is a terrifying Batman villain in 'The Penguin': Review
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- ‘They try to keep people quiet’: An epidemic of antipsychotic drugs in nursing homes
- Hailey Bieber Is Glowing in New Photo After Welcoming Baby Boy With Justin Bieber
- Board approves more non-lethal weapons for UCLA police after Israel-Hamas war protests
- Trump wants to turn the clock on daylight saving time
- Which 0-2 NFL teams still have hope? Ranking all nine by playoff viability
Ranking
- Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
- Tourists can finally visit the Oval Office. A replica is opening near the White House on Monday
- Josh Heupel's rise at Tennessee born out of Oklahoma firing that was blessing in disguise
- Midwest States Struggle to Fund Dam Safety Projects, Even as Federal Aid Hits Historic Highs
- Nevada attorney general revives 2020 fake electors case
- Playoff baseball in Cleveland: Guardians clinch playoff spot in 2024 postseason
- Justice Department opens civil rights probe into sheriff’s office after torture of 2 Black men
- Who is Arch Manning? Texas names QB1 for Week 4 as Ewers recovers from injury
Recommendation
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Georgia election rule changes by Trump allies raise fear of chaos in November
Giant, flying Joro spiders make creepy arrival in Pennsylvania just in time for Halloween
Joel Embiid signs a 3-year, $193 million contract extension with the 76ers
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
A death row inmate's letters: Read vulnerable, angry thoughts written by Freddie Owens
Joshua Jackson Shares Where He Thinks Dawson's Creek's Pacey Witter and Joey Potter Are Today
New York Philharmonic musicians agree to 30% raise over 3-year contract