The Noth American’s electric vehicle (EV) charging network is going to be built, according to a new alliance of automotive super pals. The following global automakers—BMW, General Motors, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis—have established a cooperative venture that would build simple-to-use DC fast chargers in cities and on highways in the US and Canada.
The long-term goal of the unnamed cooperation is to build “at least” 30,000 high-speed electric vehicle (EV) chargers by 2030, with the US receiving the first ones in the summer of 2024. To expand the network, the group intends to employ funds from the National Electric Vehicle Infrastructure (NEVI) program in the US as well as additional corporate and public funding from state and federal sources.
Additionally, it is intended for the new joint venture to run fully on renewable energy. It is unknown if they will be powered directly by renewable energy or if the businesses want to purchase credits, as Rivian indicated yesterday.
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