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Ford's EV charging tie-up with Tesla ripples through industry

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Ford's decision to allow customers to use Tesla's electric-vehicle charging network raises questions about a national U.S. charging standard as well as the fate of charging startups.

electric-vehicle charging network has sent ripples through the industry, raising questions about a national U.S. charging standard as well as the fate of charging startups that are struggling.

The Ford deal was a boost to Tesla's more widespread, reliable North American Charging Standard and dented the value of smaller players offering the rival Combined Charging System . Tesla CEOhopes the deal with Ford, the No. 2 seller of EVs in the U.S., will help make Tesla's technology the North American standard.

CharIn, a global association to promote CCS, said deals like the Tesla-Ford one"create uncertainty in the industry and lead to investment obstacles."

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Analysis: Ford's EV charging tie-up with Tesla ripples through industryFord Motor Co's decision to allow customers to use Tesla's TSLA.O electric-vehicle charging network has sent ripples through the industry, raising questions about a national U.S. charging standard as well as the fate of charging startups that are struggling.
Source: Reuters - 🏆 2. / 97 Read more »