Rivian Adopts Tesla’s EV Charging Standard, Joining Ford and General Motors

Rivian users will be able to access 12,000 Tesla Superchargers with adapters in the US and Canada as early as spring 2024.

By Reuters | Updated: 21 June 2023 12:49 IST

Rivian Adopts Tesla’s EV Charging Standard, Joining Ford and General Motors

Photo Credit: Rivian

Rivian said it would make a Tesla-style charging port standard on its vehicles, starting in 2025

Highlights

Tesla struck comparable deals recently with General Motors and Ford
Tesla's charging standard had been proprietary until November
Tesla shares are up more than 40 percent since late May

Electric vehicle maker Rivian said it has agreed to adopt Tesla's charging standard, giving customers access to the biggest US 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 able to access 12,000 Tesla Superchargers with adapters in the United States and Canada as early as spring 2024, the Irvine, California-based company said. Rivian also said it would make a Tesla-style charging port standard on its vehicles, starting in 2025.

Tesla has struck comparable deals in recent weeks with General Motors and Ford. While other automakers get access to Tesla's charging network, Tesla stands to profit from selling power to a bigger group of electric vehicle drivers.

[Sponsored] Samsung Galaxy S24: The Ultimate Camera Phone With Smarter On-Device AI

Tesla shares are up more than 40 percent since late May when the leading US electric carmaker announced its deal with Ford.

Automakers need access to reliable charging to allay customers' fears of being stranded when a battery runs out of power, but most, with the exception of Tesla, have stayed away from building their own networks.

Installing a network of chargers - and maintaining them — requires substantial investment for still —limited returns because of the relatively small number of EVs automakers other than Tesla have on the road, analysts have said.

Tesla Close to Achieving Fully Autonomous Vehicles, Says CEO Elon Musk

Tesla's Superchargers account for about 60 percent of the total fast chargers available in the United States, according to US Department of Energy.

Services and other revenue, which includes the fees for using Tesla's Superchargers, made up just under 10 percent of revenue in the past quarter. The company does not break out charging revenue alone.

Rivian CEO RJ Scaringe said in a statement the deal would let buyers of Rivian electric pickup trucks and sport utility vehicles "leverage Tesla's expansive Supercharger network."

Tesla has made major strides in displacing a rival standard known as the Combined Charging System (CCS) that had the earlier backing of the Biden administration, which is offering $7.5 billion (roughly Rs. 61,549 crore) in funding to speed the deployment of EV chargers in the United States.

Qualifying for some of that federal money had required Tesla to open up its network for charging.

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 (NACS).

"It's great to see the industry coming together to adopt the North American Charging Standard," Tesla's senior director of charging infrastructure, Rebecca Tinucci, said in a statement.

Manufacturers and operators of CCS chargers such as ABB E-mobility North America, a unit of Swiss industrial firm ABB, Tritium DCFC, EVgo and FreeWire have raced to announce the addition of NACS plugs to their charging stations since the Ford and GM announcements.

Rivian, which makes the R1T pickup truck and the R1S SUV, will continue to expand its own charging network, the company said. The company had previously said it plans to build more than 3,500 charging stations.

China, the world's largest market for electric vehicles, has its own charging standard. Automakers in Japan such as Toyota and Nissan have pushed another standard known as CHAdeMo.

Apple unveiled its first mixed reality headset, the Apple Vision Pro, at its annual developer conference, along with new Mac models and upcoming software updates. We discuss all the most important announcements made by the company at WWDC 2023 on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

Affiliate links may be automatically generated - see our ethics statement for details.

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.