Hyundai and Kia to adopt Tesla’s EV charging tech next year

Hyundai and Kia to adopt Tesla’s EV charging tech next year


TESLA logo on a charging station on May 26, 2023.

Harry Langer | Defodi Images | Getty Images

Hyundai Motor and Kia announced Thursday they will soon adopt Tesla’s electric vehicle charging system, beginning in the fourth quarter of 2024 in the United States.

Hyundai and Kia join others like Ford and General Motors to integrate the Tesla charging ports, called North American Charging Standard, into their electric vehicles, allowing drivers to use any Tesla charging stations. The charging tech has gained steam in recent months toward becoming a unified charging standard among electric vehicle makers.

The South Korean automakers said all new electric vehicles built in 2024 and beyond will incorporate Tesla’s NACS technology to gain access to more than 12,000 Tesla Superchargers across the U.S., Canada and Mexico.

“Our collaboration with Tesla marks another milestone in our commitment to delivering exceptional EV experiences to our customers,” said José Muñoz, president and global COO of Hyundai. “This new alliance will provide Hyundai EV owners confidence in their ability to conveniently charge their vehicles and complements our joint venture company to create a new, high-powered charging network with at least 30,000 stations across North America.”

Additionally, owners of current Hyundai and Kia electric vehicle models will be able to access Tesla Superchargers using adapters beginning in the first quarter of 2025.

GM CEO Mary Barra has said the automaker expects to see up to $400 million in savings by adoption the NACS technology.



Source

A Paramount-Warner Bros. movie slate will need more animated features to compete with Disney and Universal
Business

A Paramount-Warner Bros. movie slate will need more animated features to compete with Disney and Universal

Source: Warner Bros. | Paramount When Paramount Skydance combines with the Warner Bros. film studio, it’ll have a deep bench of marquee franchises and established prestige. What the powerhouse duo will be missing is an animated film slate that could rival Hollywood giants like Disney and Universal. The combined entity, which is still awaiting regulatory approval, has […]

Read More
Infiniti hopes new SUV can turn around fortunes in the U.S.
Business

Infiniti hopes new SUV can turn around fortunes in the U.S.

The 2027 Infiniti QX65. Courtesy: Infiniti Japanese brand Infiniti on Thursday unveiled a new midsize luxury SUV, called the QX65, as it tries to mount a comeback in the U.S. The vehicle will have a 268-horsepower VC-Turbo engine with 286 foot-pounds of torque, as well as dual 12.3-inch displays. The QX65 “accelerates INFINITI into its […]

Read More
Iran war wipes out 0 billion from luxury stocks
Business

Iran war wipes out $100 billion from luxury stocks

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Major luxury stocks have fallen 15% or more since the Iran war started, and sales in the increasingly important Middle East market could […]

Read More