What Tesla's EV charging win really means for drivers | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

There are about 150,000 public electric vehicle chargers of various sorts in the United States, according to a recent report by S&P Global Mobility. If you think that sounds like a lot, you have no idea what’s on the way.

By 2030, there will need to be more than 2.1 million public EV chargers to support an expected 28 million electric vehicles on America’s roads, that same report finds. With the US electric vehicle industry on the cusp of rapid expansion, Ford and General Motors, together with Tesla, recently made alliances that will change the future development of EV charging.

As part of their agreement with GM, Tesla has committed to immediately sharing any charging-related software updates the vehicles need, GM vice president Alan Wexler said in an interview with CNN Business. These will be sent to the vehicles through over-the-air updates, just as they are for Teslas. “They were forthright with committing to similar levels of performance for our vehicles and for Teslas,” Wexler said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What is open on Juneteenth 2023? | CNN BusinessMore employers than ever are observing Juneteenth, which commemorates the end of slavery in the US. Here is what’s open and what's closed on Monday.
Source: CNN - 🏆 4. / 95 Read more »

Binance, SEC reach agreement to keep US customer assets in country | CNN BusinessBinance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district judge signed off on a consent order filed Saturday.
Source: CNN - 🏆 4. / 95 Read more »

Spotify executive Bill Simmons calls Harry and Meghan 'grifters' after podcast deal ends | CNN BusinessSpotify executive and popular podcaster Bill Simmons has hit out at Prince Harry and Meghan, Duchess of Sussex, labeling them “grifters,” after their multi-year partnership with Spotify ended on Friday.
Source: CNN - 🏆 4. / 95 Read more »

42,000 pounds of Johnsonville Beddar With Cheddar sausages recalled over possible contamination | CNN BusinessSausage company Johnsonville is voluntarily recalling more than 42,000 pounds of its “Beddar With Cheddar” sausages because of possible contamination.
Source: CNN - 🏆 4. / 95 Read more »

Italy ties China's hands at Pirelli over fears about chip technology | CNN BusinessItaly has imposed several curbs on Pirelli’s biggest shareholder, Sinochem, in a move aimed at blocking the Chinese government’s access to sensitive chip technology.
Source: cnni - 🏆 326. / 59 Read more »

Why it's becoming harder and more expensive to get homeowners insurance | CNN BusinessHomeowners insurance is becoming more expensive and, in many places, more difficult to find. There’s no sign that the situation is going to get better any time soon.
Source: CNN - 🏆 4. / 95 Read more »