Accelerating Electric Vehicle Transition... Offering Both CCS and NACS Methods
First Charging Station Scheduled to Open in the US in 2024

Hyundai, Kia, GM, Mercedes-Benz, BMW, and Others Form 'Charging Alliance'... 30,000 Charging Stations to Be Installed in North America View original image

Hyundai Motor and Kia have formed a 'charging alliance' in the United States with General Motors (GM), BMW, Honda, Mercedes-Benz, and Stellantis. They plan to install more than 30,000 charging stations in the North American region and also receive subsidies from the U.S. government.


On the 26th (local time), these seven major automakers, including Hyundai Motor, Kia, and GM, announced in a joint press release that they will establish a joint venture to build an electric vehicle charging network in North America.


Through the joint venture, the seven manufacturers plan to build at least 30,000 high-performance charging stations in North America. The charging stations will provide both the existing U.S. standard Combined Charging System (CCS) and Tesla's charging standard North American Charging Standard (NACS) connectors to be accessible to all electric vehicle customers.


(Photo by Hyundai Motor America)

(Photo by Hyundai Motor America)

View original image

The first charging station will open in the U.S. in the summer of 2024, followed by expansion into Canada. The joint venture stated that it plans to supply power solely from renewable energy sources in line with the participating companies' sustainability strategies.


They explained, "We decided to create a joint venture to accelerate the transition to electric vehicles in the North American region," adding, "We want to make electric vehicle charging more convenient, easily accessible, and reliable."


The charging stations will be equipped with canopies (roof-like covers) and amenities such as restrooms, food services, and retail stores. They also added that some flagship charging stations will have additional convenience facilities.



The joint venture is expected to be established within this year after regulatory approval. The companies anticipate that their joint charging network construction plan will meet the requirements of the U.S. government's subsidy program for expanding electric vehicle charging infrastructure (NEVI), enabling them to receive public funding.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing