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Search resuls for: "Abhirup Roy Hyunjoo Jin"

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The deal, announced last month, would open more than 12,000 Tesla Superchargers to drivers of Ford vehicles in North America starting in 2024. SS&C has invested in such charging companies as ChargePoint Holdings Inc (CHPT.N), EVgo Inc (EVGO.O) and Blink Charging Co (BLNK.O). The Ford deal was a boost to Tesla's more widespread, reliable North American Charging Standard (NACS) and dented the value of smaller players offering the rival Combined Charging System (CCS). Complaints about other charging companies' software bugs or broken charging hardware only opens the door to greater access for Tesla's standard, however, industry officials said. Under its new deal, Ford will distribute Tesla adapters to customers and starting in 2025 will equip future EVs with NACS.
Persons: Joe Biden, Paul Baiocchi, Ford, Elon Musk, Tesla's, Biden, Pete Buttigieg, Tesla, Lazard, Mohit Kohli, Chris Harto, Arcady Sosinov, Chris Anthony, Sosinov, Abhirup Roy, Hyunjoo Jin, David Shepardson, Jarrett Renshaw, Ben Klayman, Matthew Lewis Organizations: FRANCISCO, Ford, North America, U.S, SS, C ALPS Advisors, ChargePoint Holdings, EVgo Inc, CNBC, CCS, EVs, Volta, Volkswagen AG, General Motors Co, BMW, Consumer, Aptera, Thomson Locations: U.S, North, Europe, San Francisco, Washington
The biggest makers and network operators of EV charging stations include Tesla Inc (TSLA.O), ChargePoint Holdings Inc (CHPT.N), EVgo Inc (EVGO.O) and Electrify America. In Arizona, the state's Department of Transportation is leading efforts to build charging stations, and expects $76.5 million in federal charging funds over the next five years. The first, $1.25 billion round of the Biden buildout is focused squarely on the highway fast chargers, with later rounds including slower chargers for overnight charging, for instance. Its South Korean charger manufacturer, SK Signet Inc (260870.KN), is planning to open a Texas factory to produce up to 10,000 direct-current fast chargers annually by 2026. Shares of EVgo jumped nearly 10% on Feb. 15, when the U.S. government announced the new rules for chargers.
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