Seven major automakers are teaming up to create a charging network that will compete against Tesla to be the leading charging network in North America. GM, BMW, Honda, Hyundai, Kia, Mercedes-Benz and Stellantis are creating an alliance for the latest EV charging network. Together, they will build 30,000 high-power charging stations that will be available across the country. This is expected to be a multi-billion-dollar deal between the seven companies. They have yet to announce any specific details about the deal yet

Some of those automakers involved in the deal, GM and Ford, announced that they would be including the Tesla NACS charging port in their EV charging stations along with the CCS charging port. Tesla made their NACS charging stations available for public use earlier this year and now qualify for federal tax credits.

Drivers are reluctant to buy EVs due to charging station availability and reliability. The Biden Administration and all 50 states are working to provide charging stations along major highways and stimulate businesses to install EV charging stations. The biggest problem EV drivers are running into is that the charging stations that are available are not reliable. This creates a big problem for people who are traveling long distances and are worried about when and where they will be able to charge their vehicle. So far, Tesla’s Superchargers are the most reliable charging stations on the market. New EV charging networks are trying to make their EV charging stations as reliable as possible.

Click here to read full article, originally published July 26, 2023, by NBC News.