However, seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to make EV charging more convenient, accessible and reliable. The new joint venture high-powered charging network will expand on the already- growing EV charging networks. Plus, these charging stations will be universally accessible to all EV customers, offering both Combined Charging System (CCS) and North American Charging Standard (NACS) connectors. Each site will be equipped with multiple high-powered DC chargers, making long-distance journeys easier for customers. In line with the sustainability strategies of all seven automakers, the joint venture intends to power the charging network solely by renewable energy.
The first stations are expected to open in the United States in the summer of 2024.
