This Image Shows Which Automakers Haven't Switched To Tesla's Charging Stations

Tesla Inc's TSLA North American Charging Standard (NACS) is taking over the electric vehicle (EV) world.

With Lucid Group Inc LCID the latest to join the NACS train, the new charging standard by Tesla seems unstoppable. But there are still some holdout companies. 

Most notable here are Volkswagen and Stellantis STLA, but they both probably have a good reason. At this time, Stellantis is barely producing any EVs in the U.S., so has little incentive to announce the use of NACS. And Volkswagen of course owns the mostly unreliable Electrify America charging network, which is in a way now competing with Tesla's NACS Supercharger network.

Either way, it seems Tesla has taken over American charging infrastructure. It's only a matter of time before others make the switch or end up left out of the most expansive charging network in North America.

Photo courtesy of Tesla

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksTop StoriesTechelectric vehicles
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!