Ahead Of Q2 Results, Tesla Draws 1st Japanese Carmaker Into NACS Charging Club

Tesla, Inc. TSLA is generating excitement as it prepares to release its quarterly results. The electric vehicle maker received a boost from Japanese automaker Nissan Motor Co., Ltd. NSANY, which confirmed its adoption of the North American Charging Standard in collaboration with Tesla.

What Happened: Nissan’s decision to adopt the charging standard is aimed at providing more charging options to its customers. The partnership marks a significant milestone, with Nissan becoming the first Japanese automaker to forge such a collaboration with Tesla.

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Starting in 2024, Nissan will offer a NACS charging adapter for its Ariya models equipped with Combined Charging System 1 DC fast charging. By 2025, Nissan plans to introduce EVs for the U.S. and Canadian markets featuring a NACS port. This will enable seamless and convenient charging on the Tesla Supercharger network, expanding the number of fast-charging locations available for Nissan EV owners.

Other major automakers and charging networks, including General Motors Corp. GM, Ford Motor Co. F, and Rivian Automotive, Inc. RIVN, have also embraced the NACS charging standard and will offer compatible adapters.

Price Action: Tesla rose 0.47% to $294.72 in premarket trading on Wednesday, according to Benzinga Pro data.

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