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


Brazil, US Resume Tariff Talks as Trade Tensions Persist
Canada Backs €100 Billion Global Defence Bank
Oil Prices Rise as US-Iran Conflict Threatens Middle East Supply
Jefferies Names AMEC Top China Semiconductor Equipment Pick
Dollar Hits Two-Week High as Iran Conflict Lifts Oil and Bond Yields
FTSE 100 Falls as US-Iran Conflict Drives Oil Prices Higher
China Manufacturing PMI Contracts Again as Recovery Remains Fragile
Amazon Shares Fall as FTC Plans Ad Pricing Lawsuit
US Strikes Iran IRGC Targets as Conflict Escalates
India Manufacturing Growth Slows to Five-Year Low in August
MongoDB Stock Sinks 14% as Atlas Growth Misses Expectations
Asian Tech Stocks Slide as Fed Rate Hike Bets Rise
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns
Amazon Secures 200 MW Wind Power Deals in Sweden
Apple’s Phil Schiller Steps Back as Leadership Shake-Up Accelerates
Global Markets Brace for Fed Rate Hike as Oil Tops $91
OpenAI Rejects Apple Trade Secret Theft Claims 



