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home / articles / TECH - These Two Automakers Are Yet To Say Yes To Tesla NACS | Benzinga


TECH - These Two Automakers Are Yet To Say Yes To Tesla NACS | Benzinga

Two automakers, Volkswagen (OTC:VWAGY) and Stellantis (OTC:STLA) have yet to join the growing list of automakers supporting Tesla’s North American Charging Standard (NACS), even as the majority of electric vehicle (EV) manufacturers pledge their allegiance.

As per Business Insider’s report, while other automakers are announcing their vehicles will soon support Tesla Inc.’s (NASDAQ:TSLA) charging technology, Volkswagen and Stellantis remain the significant holdouts.

Volkswagen was the second-largest carmaker last year, holding 10% of the global light-vehicle market share, while Stellantis ranked fifth with a 7% global share. In terms of EVs, Volkswagen sold more than 572,000 battery electric vehicles in 2022, while Stellantis recorded 288,000 global electrified sales.

See Also: Jim Chanos Drops Interesting Comment After Elon Musk Touts Cybertruck’s Bulletproof Body: ‘Might Have To Worry About Summer Sun On Stainless Steel’

Despite both automakers planning to invest billions in plug-in product development and sales, they have yet to include ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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