The seven major automakers mentioned in the initial statement—General Motors, BMW, Honda, Hyundai, Kia, Mercedes, and Stellantis—are joining forces to build a North American electric vehicle charging network. brands representing about half of U.S. vehicle sales but a small share of the EV market dominated by Tesla.The goal is to rival Tesla’s existing network and significantly increase the number of fast-charging plugs in the United States and Canada.
While specific details about the number of charging stations and financial investment have not been disclosed, the companies plan to build “high power” charging stations with a total of 30,000 plugs across urban areas and travel corridors. The joint venture aims to create a leading network of reliable high-powered charging stations throughout North America.
The automakers acknowledge that establishing such a large-scale charging network requires a multibillion-dollar investment. While the first U.S. chargers are expected to be ready by next summer, no timeline has been provided for completing the entire network.
Currently, there are nearly 8,700 direct-current fast-charging stations with around 36,000 charging plugs in the United States and Canada combined. This joint effort by major automakers is intended to accelerate the adoption of electric vehicles by addressing concerns about long-distance travel and ensuring widespread access to chargers.
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