Tesla

Tesla's electric vehicle charging technology, known as the North American Charging Standard (NACS), is being fast-tracked to become a North American standard, with automakers Volvo, General Motors, Ford, and Rivian embracing it over the Combined Charging System (CCS) proposed by the Biden administration. Standards organization SAE International intends to establish an industry-standard configuration of Tesla's charging connector within six months, following discussions with Tesla, other automakers, and the US federal government. The US is expected to have 1.2 million public EV chargers, including 1 million Level 2 chargers, by 2030, which exceeds the Biden administration's target of 500,000 public chargers. The development of this charging network could cost between $33 billion and $55 billion. Tesla-standard plug charging stations may qualify for federal subsidies if they include the CCS. Texas and Washington states intend to mandate the use of NACS and CCS as part of the federal program.