WHAT’S GOING TO CHANGE?
With 17,000 charging plugs, Tesla commands the largest network in the United States. Its stations can charge faster than most others. They’re often more reliable, too, and exist in safer locations closer to prime travel corridors. Under the new agreements with GM and Ford, EVs from those companies will be able, starting next year, to charge at 12,000 Tesla Supercharger plugs. Tesla is the top seller of EVs in the U.S., with GM No. 2 and Ford No. 3. Because those three companies control so much of the EV market, analysts say other automakers are likely to sign up with with Tesla to avoid being left at a competitive disadvantage. “Do I want to have my customers not have access to Superchargers, and I’m going to charge them $100,000 for a vehicle?” said Gary Silberg, global head of automotive for KPMG.
WHAT HAPPENS IF I OWN A NON-TESLA EV?
If it’s made by GM or Ford, you will likely need to buy an adapter so you can hook into Tesla chargers. It’s unclear how much those will cost. You can also continue to charge on networks with CCS connectors. If your car is made by some other manufacturer, at this point you won’t have access to Tesla’s chargers. But there is a growing network of public stations equipped with CCS connectors — up to nearly 54,000 locations, with roughly 139,000 plugs, the Energy Department says. Still, only 7,400 such stations are DC fast chargers, which can provide a significant charge in just minutes.
WHAT HAPPENS IF I BUY A NON-TESLA EV IN THE FUTURE?
In 2025, GM and Ford say they will start installing ports in their new EVs that will be compatible with Tesla chargers. To use a CCS charger instead, you would need to have an adapter or find a charging station that can accommodate both technologies. Though other automakers will likely make the switch to Tesla’s system as well, for at least a few years, you’d probably need that adapter. “My guess is that what we will see is by 2027, there will probably be no more new EVs built for North America with CCS ports,” said Sam Abuelsamid, an analyst at Guidehouse Insights.
WHO IS THE BIG WINNER HERE?
GM and Ford didn’t release a lot of detail about the financial arrangements. But it’s clear that Tesla will enjoy a boost in revenue as more Ford and GM vehicles charge up. GM said it isn’t spending anything on the deal; its customers will pay Tesla to charge. GM and Ford EV owners also win because they will gain access to double the number of chargers that they had before.