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GM CEO Mary Barra said at the time that her company expected to save up to $400 million of a planned investment in building out EV charging stations. "People shopping for a Tesla aren't typically cross-shopping at Kia, Ford, or Mercedes-Benz dealers because they simply want a Tesla," Fiorani wrote. "Tesla is not afraid to use government regulations for income and has been working all possible revenue streams for much of its existence," Fiorani wrote. Tesla reports charging revenue with its "Total automotive & services and other segment revenue." WATCH: Tesla charging connector is on pace to become the North America EV standard
Persons: Jim Farley, Tesla, Mary Barra, Elon Musk, Sam Fiorani, Fiorani, AutoForecast, Biden's, hasn't, William Navarro Jameson Organizations: Ford, LinkedIn, Ford EV, General Motors, Canada, AutoForecast Solutions, Tesla, Kia, Benz, North America EV Locations: North America, U.S
Millions of tons of sargassum wash up on beaches across North America every year. Exposure can lead to breathing problems, and it costs millions to clean it up. Now, one Mexican entrepreneur is building houses out of bricks made from the invasive species.
Locations: North America
The company joins American rivals Ford (F.N) and General Motors (GM.N) to adopt the North American Charging Standard (NACS) as they try to expand their network of fast-chargers in an attempt to make owning EVs easier. Mercedes-Benz will be the first German automaker to sign up for Tesla's charging design for its North American customers. Mercedes-Benz will initially offer an adapter that would help its existing EVs with the Combined Charging System in North America to charge on the NACS network from 2024. It also plans to simultaneously expand its charging network with more than 400 charging hubs, including over 2,500 high-power chargers in North America by the end of the decade. Tesla, meanwhile, has expanded beyond its connectors to include CCS at some of its U.S. charging stations as the Biden administration seeks to provide billions in subsidies to expand charging networks.
Persons: Tesla, Biden, Shivansh, Arun Koyyur Organizations: Benz, Ford, General Motors, American, Mercedes, North, Volkswagen, CCS, U.S . Department of Energy, Thomson Locations: North America, United States, Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla’s charging connector is on pace to become the North America EV standard: Electrek EICFred Lambert, EIC Electrek, joins 'Fast Money' to discuss news that non-Tesla EV charging companies will support Tesla charging ports and what that means for Tesla and the EV space as a whole.
Persons: Fred Lambert, EIC, Tesla Organizations: North America, EV
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