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Ford to add 3K more Tesla Superchargers to its EV charging network (NYSE:F)

October 30, 2023
in Business
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Ford to add 3K more Tesla Superchargers to its EV charging network (NYSE:F)

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Shortages Of Ford

Eric Thayer

Ford (NYSE:F) has elevated the variety of Tesla (NASDAQ:TSLA) Superchargers it plans so as to add to its electrical automobile (EV) charging community subsequent 12 months, bumping up the determine to 15K from a earlier goal of 12K.

In response to Ford (F), its BlueOval Cost Community is North America’s largest public charging community by an automaker, offering its EV drivers with entry to numerous charging suppliers with out the necessity for a number of apps and memberships.

Ford (F) on Monday additionally mentioned it might develop the general BlueOval community by 25% to greater than 106K chargers, with clients now capable of entry three new charging suppliers: Francis Vitality, Blink and Crimson E throughout the U.S. and Canada. Ford (F) added that the suppliers would carry greater than 10K new chargers to the community, together with greater than 550 new DC quick chargers.

Ford’s (F) transfer so as to add extra Tesla (TSLA) Superchargers is one other instance of automakers tapping into the Elon Musk-led firm’s sprawling charging community to supply extra choices for his or her clients. Ford (F) earlier in Could turned the primary main carmaker to strike a take care of Tesla (TSLA) to make use of the Supercharger community.

Shoppers who take into account shopping for EVs often cite the shortage of charging stations as one of many components that dissuades them from making a purchase order.

“With the addition of the Tesla Supercharger Community together with new quick chargers coming to Ford Mannequin e dealerships in 2024, we’re working exhausting to make vary nervousness a factor of the previous for Ford all-electric drivers,” Invoice Crider, senior director of world charging and vitality companies at Ford (F), mentioned in a press release.

Ford (F) inventory was down 2% to $9.77 in late afternoon commerce on Monday.

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Tags: addchargingFordNetworkNYSEFSuperchargersTesla
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