![]() ![]() This projection exceeds the Biden administration's goal to deploy 500,000 public chargers by 2030.īuilding out the public charging network will require between US$33 billion and US$55 billion of cumulative public and private capital investment, according to the NREL study. The study provided no breakdown of NACS and other types of connectors. The United States is on track to install a network of 1.2 million electric-vehicle public chargers, including 1 million Level 2 chargers, by 2030, according to a study by the National Renewable Energy Laboratory (NREL), a federally funded research centre. Tesla shares were up 3 per cent at US$248.33 on Tuesday afternoon. Tesla calls its technology "the North American Charging Standard (NACS)," but it has yet to be approved as a standard by SAE International. It's really all companies coming together to write a standard about how to develop for this plug." ![]() ![]() "The important thing to understand about this process is that it's no longer controlled by one company. "There was a real, I think, common sense of urgency and purpose between industry and government," Frank Menchaca, president of Sustainable Mobility Solutions at SAE International, told Reuters. He added that the association is holding conversations with Tesla, Ford, GM and other automakers as well as the federal government about NACS standardisation. SAE International aims to make an industry standard configuration of Tesla's charging connector in six months or less, an official at the standards organization said on Tuesday. Volvo Car on Tuesday joined General Motors, Ford and Rivian in embracing Tesla's charging design, shunning earlier efforts by the Biden administration to make the Combined Charging System (CCS) the dominant charging standard in the United States. Tesla's charging technology has been gathering momentum for weeks. Tesla's electric-vehicle charging technology is being put on a fast track to become a North American standard, giving a further boost to the automaker's plan to expand access to its once-exclusive chargers. ![]()
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