Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolios

Washington state plans to mandate Tesla's charging plug -official

Published 06/26/2023, 07:07 PM
Updated 06/27/2023, 12:24 PM
© Reuters. FILE PHOTO: A Tesla super charger is shown at one of the company's charging stations in San Juan Capistrano, California, U.S., May 30, 2018. REUTERS/Mike Blake
TSLA
-

By Jarrett Renshaw

(Reuters) -Washington state plans to require electric vehicle charging companies to include Tesla (NASDAQ:TSLA)'s plug if they want to be part of a state program to electrify highways using federal dollars, an official told Reuters on Thursday.

Washington follows the move by Texas to mandate Tesla's technology, The North American Charging Standard (NACS), adding momentum to CEO Elon Musk's hope of making it the national charging technology.

GM, Ford and Rivan have said they would embrace Tesla's NACS, shunning efforts by the Biden administration to make the Combined Charging System (CCS) the dominant charging standard in the United States.

"I’m actually really happy about NACS and how finally automakers are gearing towards one standard. We want to provide access to as many makes and models as possible," said Tonia Buell, alternative fuels program manager at Washington state's Department of Transportation.

"It hasn't necessarily been tested and certified for other auto manufacturers, so we want to make sure it's going to work but we are planning to require NACS at our state funded and federally funded sites in the future."

Kris Rietmann Abrudan, a spokesperson for the Washington State Department of Transportation, said on Monday that no final decision has been made on whether to require NACS, adding that officials are still looking at how market shifts will affect the way the state deploys chargers.

The state plans to begin the requests for proposals process in the fall, according to Buell, who said the decision is about "future proofing" its investments.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Buell said state officials are still trying to determine the right mix of NACS chargers based on current federal requirements. Under federal rules, each taxpayer-backed site must have at least four CCS chargers and Buell said the state may require at least two of them to work with NACS or perhaps all four.

The plan by Washington may add pressure on other states and the federal government to adopt Tesla's NACS.

Latest comments

Good news 🚀
What good with that news? Did sumsung earn money by adopting the micro C conector for smartphone? HOW TSLA will make money with this ? Did sony make money when the blueray was choosen ? TSLA is a cars manfacture company and it’s value should be around 20-3
maybe more cars will use the Tesla charging network? Or it is free to use the tesla chargers?
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.