SAN FRANCISCO : Electric vehicle maker Rivian said it has agreed to adopt Tesla's charging standard, giving customers access to the biggest U.S. charging network and adding momentum to Tesla's bid to set the industry standard.Customers of Rivian, which has its own small network of fast chargers, will be a
SAN FRANCISCO : Electric vehicle maker Rivian said it has agreed to adopt Tesla's charging standard, giving customers access to the biggest U.S. charging network and adding momentum to Tesla's bid to set the industry standard.
Tesla shares are up more than 40 per cent since late May when the leading U.S. electric carmaker announced its deal with Ford. Tesla's Superchargers account for about 60 per cent of the total fast chargers available in the United States, according to U.S. Department of Energy. Tesla has made major strides in displacing a rival standard known as the Combined Charging System that had the earlier backing of the Biden administration, which is offering $7.5 billion in funding to speed the deployment of EV chargers in the United States.Tesla's charging standard had been proprietary until November, when it made the design and specifications public and rebranded the technology as the North American Charging Standard .
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