{"id":21215,"date":"2023-06-11T14:03:10","date_gmt":"2023-06-11T18:03:10","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/blink-chargepoint-and-others-fall-as-gm-inks-deal-with-tesla\/"},"modified":"2023-06-11T14:03:11","modified_gmt":"2023-06-11T18:03:11","slug":"blink-chargepoint-and-others-fall-as-gm-inks-deal-with-tesla","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=21215","title":{"rendered":"Blink, ChargePoint and others fall as GM inks deal with Tesla"},"content":{"rendered":"
\n
\n

\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA)<\/span>
\n<\/i>\n<\/div>\n

CEO of General Motors (NYSE:), Mary Barra, held a live “twitter spaces” meeting with Elon Musk on Thursday to announce a deal between GM and Tesla (NASDAQ:) to integrate Tesla\u2019s North American Charging Standard (NACS) charging connections into their vehicles. The deal follows a similar announcement by Ford Motor Company (NYSE:) in late May.<\/p>\n

Before the ink could dry, shares of some electric vehicle charging companies were spiraling. ChargePoint Holdings Inc (NYSE:) shares were down more than 3% premarket before falling more than 13% by the afternoon. Shares of EVgo Inc (NASDAQ:) were down more than 4% premarket, also falling more than 13% Friday afternoon.<\/p>\n

Blink Charging Co (NASDAQ:), with over 4,000 charging stations in the U.S., opened trading on Friday down 0.5% before eventually falling by almost 10%.<\/p>\n

Piling on to the troubles of EV charging startups, the White House revealed Friday that Tesla chargers would also become eligible to receive a piece of the billions of dollars in federal subsidies so long as the chargers also included CCS connections.<\/p>\n

This is the first time the Biden administration has mentioned Tesla as a potential recipient of EV charging subsidies, leading others to speculate if the NACS connectors may become the standard for all electric vehicles in the near future.<\/p>\n

“Earlier this year, we developed minimum standards to ensure publicly funded EV charging is accessible, reliable, and affordable for all drivers, and we required interoperability to promote competition. Those standards give flexibility for adding both CCS and NACS, as long as drivers can count on a minimum of CCS,” White House spokesperson Robyn Patterson said in statement.<\/p>\n

Shares of EVGO and CHPT are down 13% and 12.75% in afternoon trading on Friday while shares of BLNK are down 9.52%.<\/p>\n<\/div>\n

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

\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA) CEO of General Motors (NYSE:), Mary Barra, held a live “twitter spaces” meeting with Elon Musk on Thursday to announce a deal between GM and Tesla (NASDAQ:) to integrate Tesla\u2019s North American Charging Standard (NACS) charging connections into their […]<\/p>\n","protected":false},"author":1,"featured_media":16578,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-21215","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nBlink, ChargePoint and others fall as GM inks deal with Tesla | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA) CEO of General Motors (NYSE:), Mary Barra, held a live\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=21215\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blink, ChargePoint and others fall as GM inks deal with Tesla | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA) CEO of General Motors (NYSE:), Mary Barra, held a live\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=21215\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-11T18:03:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-11T18:03:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/moved_LYNXMPEI0U0LB_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"534\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=21215#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=21215\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Blink, ChargePoint and others fall as GM inks deal with Tesla\",\"datePublished\":\"2023-06-11T18:03:10+00:00\",\"dateModified\":\"2023-06-11T18:03:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=21215\"},\"wordCount\":312,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=21215#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=21215\",\"url\":\"https:\/\/ifintechworld.com\/?p=21215\",\"name\":\"Blink, ChargePoint and others fall as GM inks deal with Tesla | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-06-11T18:03:10+00:00\",\"dateModified\":\"2023-06-11T18:03:11+00:00\",\"description\":\"\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA) CEO of General Motors (NYSE:), Mary Barra, held a live\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=21215#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=21215\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=21215#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Blink, ChargePoint and others fall as GM inks deal with Tesla\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Blink, ChargePoint and others fall as GM inks deal with Tesla | iFintechWorld","description":"\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA) CEO of General Motors (NYSE:), Mary Barra, held a live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=21215","og_locale":"en_US","og_type":"article","og_title":"Blink, ChargePoint and others fall as GM inks deal with Tesla | iFintechWorld","og_description":"\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA) CEO of General Motors (NYSE:), Mary Barra, held a live","og_url":"https:\/\/ifintechworld.com\/?p=21215","og_site_name":"iFintechWorld","article_published_time":"2023-06-11T18:03:10+00:00","article_modified_time":"2023-06-11T18:03:11+00:00","og_image":[{"width":800,"height":534,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/moved_LYNXMPEI0U0LB_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=21215#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=21215"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Blink, ChargePoint and others fall as GM inks deal with Tesla","datePublished":"2023-06-11T18:03:10+00:00","dateModified":"2023-06-11T18:03:11+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=21215"},"wordCount":312,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=21215#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=21215","url":"https:\/\/ifintechworld.com\/?p=21215","name":"Blink, ChargePoint and others fall as GM inks deal with Tesla | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-06-11T18:03:10+00:00","dateModified":"2023-06-11T18:03:11+00:00","description":"\u00a9 Reuters Blink (BLNK), ChargePoint (CHPT) and others fall as GM inks deal with Tesla (TSLA) CEO of General Motors (NYSE:), Mary Barra, held a live","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=21215#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=21215"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=21215#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Blink, ChargePoint and others fall as GM inks deal with Tesla"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/21215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21215"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/21215\/revisions"}],"predecessor-version":[{"id":21216,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/21215\/revisions\/21216"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/16578"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}