Analysis: Ford’s EV Charging Tie-up with Tesla Ripples through Industry

June 6, 2023

Reuters – The Ford deal was a boost to Tesla’s more widespread, reliable North American Charging Standard (NACS) and dented the value of smaller players offering the rival Combined Charging System (CCS). Tesla CEO Elon Musk hopes the deal with Ford, the No. 2 seller of EVs in the U.S., will help make Tesla’s technology the North American standard.

FreeWire CEO Arcady Sosinov said his company plans to offer NACS connectors at its fast chargers by mid-2024, while Aptera Motors CEO Chris Anthony said the U.S. government should invest in the Tesla network if it becomes the predominant standard.

“Because of this announcement … there’s going to continue to be a standards war for a decade or more,” Sosinov said.

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