Wednesday, July 2, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Ford strikes deal with Tesla to gain access to rival charging stations in 2024 By Reuters

by Reuters
May 25, 2023
in Stock Market
Reading Time: 2 mins read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


2/2

© Reuters. FILE PHOTO: A Tesla logo is seen at Tesla Shanghai Gigafactory in Shanghai, China January 7, 2019. REUTERS/Aly Song

2/2

By Hyunjoo Jin and David Shepardson

(Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla (NASDAQ:) to allow its electric vehicle owners to gain access to more than 12,000 Tesla Superchargers in North America in early 2024.

A Tesla-developed adapter will provide Ford EVs fitted with the Combined Charging System (CCS) port access to Tesla’s V3 Superchargers. Ford will equip future EVs with a charge port, removing the need for an adapter for direct access to Tesla Superchargers, starting in 2025.

Tesla CEO Elon Musk and Ford CEO Jim Farley on Thursday will discuss efforts on “accelerating EV adoption in North America” during an online Twitter Spaces conversation, Ford said. Twitter is owned by Musk.

The event comes just a day after Twitter crashed repeatedly during a highly anticipated live audio chat between Musk and Florida Governor Ron DeSantis, setting back Musk’s efforts to promote the social media firm he bought for $44 billion last year.

Farley said earlier on Thursday at a Morgan Stanley (NYSE:) forum that “on the infrastructure side, I think it’s room for some collaboration between the auto companies, which is totally unnatural for us.”

Farley added, “I think we need to start – I mean, I think the first step is to work together in a way we haven’t, probably with the new EV brands and the traditional old companies.”

For example, he called it “totally ridiculous” that the industry has multiple plugs for its charging networks and “we can’t even agree on what plug to use.”

This year, Tesla has opened some of its U.S. Supercharger networks to non-Tesla EVs, which use a competing charging standard, CCS or “Combined Charging System” as the Biden administration seeks to provide billions of subsidies to expand charging networks.

Musk earlier this month tweeted: “I think Ford’s overall strategy with EVs is smart. The electric F-150 (Lightning) has high demand.”

He also defended Ford over its losses on its electric vehicle business. “Always tough with margins for new vehicle lines, especially when there are major technology shifts.”

Farley said on Thursday that Ford should take the lead to reach out to a new company like a Tesla or a Nio (NYSE:) Inc or BYD “to kind of work together in a non-natural way as competitors. I think you’ll see Ford do that just because that’s what kind of company we are.”



Source link

Tags: AccesschargingdealFordgainReutersrivalStationsStrikesTesla
Previous Post

Russia’s ‘invincible’ hypersonic missiles prove anything but, as Ukraine utilizes U.S. Patriot defenses

Next Post

Assets Worth $1.8 Billion Locked With Multichain; Is A Crypto Crash Ahead?

Related Posts

Butterfly Network: Still A Long Way From Profitability (NYSE:BFLY)

Butterfly Network: Still A Long Way From Profitability (NYSE:BFLY)

by Macrotips Trading
July 1, 2025
0

This text was written byObserveWriter of the Macro Traits & Inflection Factors E-newsletter. I spent 5 years as a co-founder...

How an Online B2B Resale Platform Helps Curb Fashion Supply Chain Waste

How an Online B2B Resale Platform Helps Curb Fashion Supply Chain Waste

by Editorial Team
July 1, 2025
0

With consciousness of the environmental challenges related to quick vogue and the linear “take-make-dispose” mannequin, the business is at a...

BYD: Time To Lock In Some Profits After A Massive Rally (OTCMKTS:BYDDF)

BYD: Time To Lock In Some Profits After A Massive Rally (OTCMKTS:BYDDF)

by Akim Guerreiro
July 1, 2025
0

This text was written byObserveI'm at all times looking out for strongly undervalued shares, within the filth and underneath the...

Genie Energy: Green Energy Player (NYSE:GNE)

Genie Energy: Green Energy Player (NYSE:GNE)

by Long Player
July 1, 2025
0

This text was written byObserveLengthy Participant believes oil and fuel is a boom-bust, cyclical business. It takes persistence, and it...

#3: “How Long Can US Stocks Underperform Foreign Stocks?” – Meb Faber Research

#3: “How Long Can US Stocks Underperform Foreign Stocks?” – Meb Faber Research

by Meb Faber
July 1, 2025
0

In our final piece, we examined simply how lengthy US shares can go underperforming US bonds. The reply was, rather...

CFTC CoTs Report Confirms There Is Little Froth In The Gold Market

CFTC CoTs Report Confirms There Is Little Froth In The Gold Market

by World Gold Council
June 30, 2025
0

This text was written byComply withThe World Gold Council is the market improvement group for the gold business. Our function...

Next Post
Assets Worth .8 Billion Locked With Multichain; Is A Crypto Crash Ahead?

Assets Worth $1.8 Billion Locked With Multichain; Is A Crypto Crash Ahead?

DCG shutters TradeBlock institutional trading platform

DCG shutters TradeBlock institutional trading platform

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

July 2, 2025
SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing

SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing

July 2, 2025
Paramount Settles With Trump, Resolves ‘60 Minutes’ Lawsuit

Paramount Settles With Trump, Resolves ‘60 Minutes’ Lawsuit

July 2, 2025
Ambrook, a startup providing specialized accounting software for US farmers and ranchers, raised a .1M Series A led by Thrive Capital and Figma's Dylan Field (Allie Garfinkle/Fortune)

Ambrook, a startup providing specialized accounting software for US farmers and ranchers, raised a $26.1M Series A led by Thrive Capital and Figma's Dylan Field (Allie Garfinkle/Fortune)

July 2, 2025
Trump says Israel agrees on terms for 60-day ceasefire deal in Gaza & warns Hamas to accept as it will ‘only get worse’

Trump says Israel agrees on terms for 60-day ceasefire deal in Gaza & warns Hamas to accept as it will ‘only get worse’

July 2, 2025
SOL Sells-off As Traders Target 4

SOL Sells-off As Traders Target $124

July 1, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In