Current:Home > NewsIn big win for Tesla, more car companies plan to use its supercharging network -Mastery Money Tools
In big win for Tesla, more car companies plan to use its supercharging network
View
Date:2025-04-16 11:52:05
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! (62)
Related
- Intellectuals vs. The Internet
- Maryland governor’s office releases more details on new 30-year agreement with Orioles
- Kourtney Kardashian and Travis Barker’s Halloween Decor Has Delicious Nod to Their Blended Family
- Subway franchise owners must pay workers nearly $1M - and also sell or close their stores
- The company planning a successor to Concorde makes its first supersonic test
- New York man who served 18 years for murder acquitted at 2nd trial
- Photographs documented US Sen. Dianne Feinstein’s groundbreaking career in politics
- Prosecutors may extend 'offers' to 2 defendants in Georgia election case
- Former longtime South Carolina congressman John Spratt dies at 82
- 400-pound stingray caught in Long Island Sound in relatively rare sighting
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- California governor rejects bill to give unemployment checks to striking workers
- 'Wait Wait' for September 30, 2023: Live in LA with Bob and Erin Odenkirk!
- 'Dumb Money' fact check: Did GameStop investor Keith Gill really tell Congress he's 'not a cat'?
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Wild 'N Out Star Jacky Oh's Cause of Death Revealed
- Jimmy Carter admirers across generations celebrate the former president’s 99th birthday
- 'Sparks' author Ian Johnson on Chinese 'challenging the party's monopoly on history'
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Was Becky Bliefnick's killer a shadowy figure seen on a bike before and after her murder?
Brian May, best known as Queen's guitarist, helped NASA return its 1st asteroid sample to Earth
People's Choice Country Awards 2023 winners list: Morgan Wallen, Toby Keith, more win big
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Olivia Rodrigo, Usher, Nicki Minaj among stars tapped for Jingle Ball tour, ABC special
Is melatonin bad for you? What what you should know about the supplement.
Shapiro Advisors Endorse Emissions Curbs to Fight Climate Change but Don’t Embrace RGGI Membership