When you cannot beat a competitor, you pay a price to join them. Wayne Gerdes – CleanMPG – June 8, 2023 2025 Cadillac Escalade iQ EV Just a taste of what is to come. GM today announced it is collaborating with Tesla to integrate the Tesla North American Charging Standard (NACS) connector design into its EVs beginning in 2025. Additionally, GM EV owners will have access to charging at 12,000 Tesla Superchargers across North America. The Tesla Supercharger Network will be open to GM EV drivers starting in 2024 and will initially require the use of an adapter. Beginning in 2025, the first GM EVs will be built with a NACS inlet for direct access to Tesla Superchargers without an adapter. In the future, GM will make adapters available for drivers of NACS-enabled vehicles to allow charging on CCS-capable fast charge stations. GM will also integrate the Tesla Supercharger Network into its vehicle and mobile apps, helping drivers quickly and easily locate, pay for, and initiate charging at available Tesla Superchargers. This will complement the charging experience at the growing Ultium Charge 360 Network of charging stations, as well as additional charging stations GM makes available through existing integrations with other charging networks. GMs Ultium Charge 360 initiative includes collaborations with EVgo that will add more than 5,000 DC fast chargers to the nearly 13,000 existing DC fast chargers in North America. These initiatives, combined with this new collaboration with Tesla, will offer GM customers access to one of the largest integrated networks of high-power charging stations in North America. In GMs case, this will occur just in time for their all-new Cadillac ESCALADE IQ BEV, scheduled to be revealed later this year. The ESCALADE IQ will join the LYRIQ and the upcoming CELESTIQ as Cadillac continues to build an all-electric portfolio. 2021 Ford Mustang Mach-E California Route 1 Charging at a Electrify America DCFC in Paso Robles, CA and soon, a Tesla Supercharger All in, both Ford and GM are probably steaming given the inability to afford to build their own networks while the CCS based Electrify America DCFC network is not serving EV owners in a reliable manner as it should. Tesla stock is up 11-days in a row and is not only well off the low 100s, but it has also broken its long term downtrend and blew through its 200-day MA. Tesla Stock Price Action June 2021 - June 2023
