TSLA GM,F 1M line General Motors also struck a similar deal with Tesla earlier this month.
"By opening the charging infrastructure, that alleviates the main concern in the U.S., which is range anxiety.
The de facto plug standard Narayan also said that such collaborations with Tesla could set a new standard in the automobile industry.
Analysts have also suggested that any costs incurred by the carmakers for transitioning to Tesla's North American Charging Standard (NACS) plug standard will likely be immaterial, given the stakes.
Since Nov. 2021, Tesla has opened its supercharger network in Europe, Australia, and China to non-Tesla vehicles.
Persons:
Tesla, Tom Narayan, Ford, they're, Narayan, it's, Alex Vrabel, Mercedes
Organizations:
Chrysler, Peugeot, Maserati, RBC, Ford, General Motors, Detroit, GM, Motors, Tesla, CNBC, Toyota, Honda Civic, of, Global, BMW, Volkswagen
Locations:
U.S, United States, Europe, Australia, China