Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the U.S. and Canada.
General Motors, BMW, Honda, Hyundai, Kia, Mercedes and Stellantis said Wednesday that they will share in a multibillion-dollar investment to build “high power” charging stations with 30,000 plugs in urban areas and along travel corridors.
The dramatic move is intended to speed the adoption of electric vehicles, allaying fears that chargers won’t be available for long-distance travel.
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