{"id":13943,"date":"2023-05-25T23:45:53","date_gmt":"2023-05-26T03:45:53","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/ford-evs-will-be-able-to-use-tesla-charging-stations-under-new-agreement\/"},"modified":"2023-05-25T23:45:54","modified_gmt":"2023-05-26T03:45:54","slug":"ford-evs-will-be-able-to-use-tesla-charging-stations-under-new-agreement","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=13943","title":{"rendered":"Ford EVs will be able to use Tesla charging stations under new agreement"},"content":{"rendered":"
\n

Ford Motor Co.
\n F,
\n +0.44%<\/bg-quote>
\n said late Thursday that its electric-vehicle owners soon will have access to the more than 12,000 Tesla Inc.
\n TSLA,
\n +0.86%<\/bg-quote>
\n Superchargers in the U.S. and Canada, as the two automakers have reached an agreement scheduled to start next year. <\/p>\n

Ford Chief Executive Jim Farley and Tesla CEO Elon Musk held a Twitter Spaces livestream to reveal the agreement. <\/p>\n

\n

\u201cWe don\u2019t want the Tesla Supercharger network to be like a walled garden,\u201d Musk\u00a0said in the livestream. <\/p>\n

\u201cThis is great news for our customers who will have unprecedented access to the largest network of fast-chargers in the U.S. and Canada,\u201d Farley added in a separate statement. \u201cWidespread access to fast-charging is absolutely vital to our growth as an EV brand.\u201d<\/p>\n

Tesla will develop an adapter for the Ford EVs, including the Mustang Mach-E and F-150 Lightning, but in 2025 Ford will start equipping EVs with the same charge port as Tesla\u2019s and newer vehicles won\u2019t need the adapter. <\/p>\n

Musk said he wasn\u2019t sure about the price of the adapter but that it would be in the hundreds of dollars range, unlikely to cost above $1,000.<\/p>\n

Ford\u2019s Blue Oval charging network is already North America\u2019s largest, with more than 84,000 chargers, including more than 10,000 fast-chargers.<\/p>\n

Earlier this year, Tesla said it would open up much of its Supercharger network to other automakers by the end of 2024 as part of a Biden administration plan to provide at least 500,000 chargers across the country by 2030.<\/p>\n

Ford shares rose about 1% in after-hours trading following the announcement. Tesla stock was little changed in extended trading.<\/p>\n

Editor Mike Murphy contributed to this report.<\/em><\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Ford Motor Co. F, +0.44% said late Thursday that its electric-vehicle owners soon will have access to the more than 12,000 Tesla Inc. TSLA, +0.86% Superchargers in the U.S. and Canada, as the two automakers have reached an agreement scheduled to start next year. Ford Chief Executive Jim Farley and Tesla CEO Elon Musk held […]<\/p>\n","protected":false},"author":1,"featured_media":13944,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-13943","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nFord EVs will be able to use Tesla charging stations under new agreement | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Ford Motor Co. F, +0.44% said late Thursday that its electric-vehicle owners soon will have access to the more than 12,000 Tesla Inc. 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