Hyundai links up with Tesla Supercharger network via NACS deal
Hyundai makes a significant move by joining forces with Tesla's Supercharger network through the NACS deal, promising expanded charging options for its EVs in North America.
Hyundai has officially inked a partnership with Tesla, marking a significant development in the world of electric vehicles (EVs). This collaboration, set to commence in late 2024 in the US, followed by Canada in 2025, has the potential to revolutionize the EV charging landscape.
Hyundai links up with Tesla Supercharger network via NACS deal
What's the buzz all about? Hyundai, including its highly-anticipated Ioniq series, is poised to gain access to Tesla's expansive Supercharger network through this agreement. With a staggering 12,000 Superchargers spread across North America, Hyundai is effectively doubling its DC fast-charging options for its EV owners. José Muñoz, CEO of Hyundai Motor North America, envisions this partnership as a boon for Hyundai EV owners, as it promises access to an impressive 30,000 charging stations scattered across the continent.
However, Hyundai isn't placing all its charging hopes solely on Tesla's shoulders. Concurrently, the Korean automaker is collaborating with automotive giants like BMW, GM, Honda, and Mercedes to forge a distinct North American network encompassing at least 30,000 chargers. The first installations of these chargers in the US are slated to be operational by the summer of 2024.
Why does this development matter? Fast charging has been a pivotal consideration for those contemplating the switch to electric cars. Historically, Tesla led the way in providing a robust fast-charging network. Despite recent strides in U.S. EV sales, Hyundai has often trailed behind Tesla. However, this strategic alliance serves to level the playing field to some extent, potentially encouraging more consumers to opt for Hyundai EVs.
Beyond the immediate impact on accessibility, Hyundai's collaboration with Tesla signifies a subtle shift in the auto industry. Tesla's Supercharger network is evolving from an exclusive club into an industry standard. The list of automakers aligning with Tesla's network is growing, with companies like Ford, GM, Honda, and several others also hopping on the bandwagon.
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