Index Investing News
Thursday, April 30, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

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

by Index Investing News
May 25, 2023
in Stocks
Reading Time: 2 mins read
A A
0
Home Stocks
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:) Inc 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.

“The idea is that we don’t want the Tesla supercharger network to be like a walled garden. We want it to be something that is supportive of electrification and sustainable transport in general,” Tesla CEO Elon Musk said during an online Twitter Spaces conversation with Ford CEO Jim Farley.

“We love the locations, we love the reliability, your routing software, the ease of use of the connector, the reliability of it. I think it’s pretty amazing what you and your team have done for the customers,” Farley said.

Farley on Thursday announced the partnership during the Twitter Spaces conversation. 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
ShareTweetShareShare
Previous Post

Texas Panel Recommends Impeachment of Attorney General Ken Paxton

Next Post

Pete Alonso responds to antics of Cubs starter

Related Posts

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

AbbVie tops quarterly expectations as newer immunology drugs offset Humira decline By Reuters

by Index Investing News
April 29, 2026
0

By Kamal Choudhury and Christy Santhosh April 29 (Reuters) - on Wednesday reported better-than-expected quarterly revenue and profit, fueled by...

Friday File:  Everything’s OK Now?

Friday File: Everything’s OK Now?

by Index Investing News
April 25, 2026
0

The good news?  Looks like the market has decided that the war is over, and everything will get back to...

Global recession inevitable if Strait of Hormuz stays shut

Global recession inevitable if Strait of Hormuz stays shut

by Index Investing News
April 17, 2026
0

Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International Monetary Fund...

A Strong Sell Still: Tesla’s Decline Appears Far From Over (NASDAQ:TSLA)

A Strong Sell Still: Tesla’s Decline Appears Far From Over (NASDAQ:TSLA)

by Index Investing News
April 9, 2026
0

This article was written byFollowDaniel is an avid and active professional investor. He runs Crude Value Insights, a value-oriented...

Fuel reservoir hit at Russia’s Primorsk, NORSI refinery on fire after drone attacks By Reuters

Fuel reservoir hit at Russia’s Primorsk, NORSI refinery on fire after drone attacks By Reuters

by Index Investing News
April 5, 2026
0

MOSCOW, April 5 (Reuters) - Fuel leaked at Russia’s Baltic Sea port of Primorsk, while NORSI oil refinery caught fire...

Next Post
Pete Alonso responds to antics of Cubs starter

Pete Alonso responds to antics of Cubs starter

Bill Lee, Bassist and Composer of Son Spike Lee’s Films, Dies at 94

Bill Lee, Bassist and Composer of Son Spike Lee’s Films, Dies at 94

RECOMMENDED

Kris Jenner Teases Thoughts-Blowing Opener for New Kardashians Present in Remaining Ellen Look

Kris Jenner Teases Thoughts-Blowing Opener for New Kardashians Present in Remaining Ellen Look

April 5, 2022
Over-Reliance on Attracting Investment is Undermining Change at World Bank — Global Issues

Over-Reliance on Attracting Investment is Undermining Change at World Bank — Global Issues

July 6, 2023
High 25 roundup: No. 17 Clemson tops No. 8 SMU at buzzer for ACC title

High 25 roundup: No. 17 Clemson tops No. 8 SMU at buzzer for ACC title

December 8, 2024
Examples Of Monetary Targets: Brief-Time period, Mid-Time period, Lengthy-Time period

Examples Of Monetary Targets: Brief-Time period, Mid-Time period, Lengthy-Time period

September 7, 2024
Investing.com’s shares of the week By Investing.com

Investing.com’s shares of the week By Investing.com

November 2, 2024
South African opposition party to boycott president’s speech to Parliament ahead of elections

South African opposition party to boycott president’s speech to Parliament ahead of elections

February 8, 2024
How to Get Rich in the Markets

How to Get Rich in the Markets

July 17, 2023
Millions of Americans Are Squeezed by Rent: See How Your City Stacks Up

Millions of Americans Are Squeezed by Rent: See How Your City Stacks Up

December 11, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News 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