Hyundai to consider joining Tesla's North American charging standard alliance

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A Tesla electrical car is plugged into a recharging terminal astatine a Healthy Living Market store June 18, 2023 successful South Burlington, Vermont. 

Robert Nickelsberg | Getty Images

Hyundai Motor volition see making its vehicles much readily compatible with the charging modular Tesla is pushing for successful North America, the South Korean automaker's CEO said connected Tuesday.

Tesla's Superchargers marque up astir 60% of disposable U.S. accelerated chargers and Ford and General Motors person successful caller weeks struck deals with Tesla to usage its charging technology, present dubbed the North American Charging Standard (NACS).

Jaehoon Chang, who is besides Hyundai's president, said the institution would see joining the confederation of automakers shifting to Tesla's standard, but that it would person to find that was successful the involvement of its customers.

One issue, helium said, is that Tesla's existent web of Superchargers does not let for the faster charging Hyundai's electrical vehicles tin execute connected different chargers.

"That's what we volition look into from the customer's perspective," Chang told analysts astatine the automaker's capitalist day.

Hyundai's caller electrical cars, including the Ioniq 5, usage an 800-volt electrical architecture to let for faster charging, portion Tesla's Superchargers run astatine a little voltage.

Chang said Hyundai would consult with Tesla to spot whether it could marque adjustments to its charging strategy for Hyundai customers truthful they could complaint faster.

Tesla opening its charging web to electrical vehicles from different brands is simply a information for the institution to suffice for immoderate of the $7.5 cardinal successful subsidies the Biden medication has provided to velocity the deployment of chargers successful the U.S.

The U.S carmaker besides stands to nett from selling powerfulness to a bigger radical of electrical conveyance drivers. Tesla shares are up much than 40% since precocious May erstwhile it announced its woody with Ford.

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