Rivian Automotive Inc. will utilize Tesla's EV supercharging standard, joining the ranks of Ford and GM and expanding the accessibility of fast charging for its customers. This move comes as the Tesla Superchargers network continues to dominate the U.S. EV infrastructure.
As per Reuters, Rivian reached a deal with Tesla Inc. which will allow its customers to use the latter's EV supercharging network. It was explained that Rivian's access to the chargers is possible through adapters and application of the North American Charging Standard (NACS) ports which will be done later.
The Irvine, California-headquartered EV maker confirmed this week that it is set to take on Tesla's charging standard. The company agreed to the deal because it will allow Rivian EV drivers to charge their units in most places since Tesla Superchargers is currently the biggest EV charging network in the United States.
With the growing number of major automakers adopting Tesla's charging standard through NACS, Elon Musk's EV just took another step in setting the industry standard. In any case, it was reported that Rivian's own fast charging network is quite small, so the deal with Tesla is really advantageous to all drivers.
Based on the agreement, customers of Rivian will be granted access to 12,000 Tesla Superchargers installed in the U.S. and Canada as early as springtime in 2024. Adapters will be made available to make charging possible. Rivian revealed it will also install a Tesla-style charging port on its EVs starting in 2025.
CNN Business reported that having more vehicle manufacturers aboard and charging firms agreeing to use Tesla's charging standard is a big win for the company. Analysts explain that this may push Tesla to assert that it should be granted access to federal funds to support charging infrastructure as the NACS is no longer for its own EV units but is now being applied to other vehicle brands as well.
Photo by: Stephen Mease/Unsplash


BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans
SK Hynix Considers U.S. ADR Listing to Boost Shareholder Value Amid Rising AI Chip Demand
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade
Evercore Reaffirms Alphabet’s Search Dominance as AI Competition Intensifies
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns
Japan Weighs New Tax Breaks to Boost Corporate Investment Amid Spending Debate
Fed’s Dovish Tone Sends Dollar Lower as Markets Price In More Rate Cuts
Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns
Samsung SDI Secures Major LFP Battery Supply Deal in the U.S. 



