JV Forms to Pass Tesla on Charging

GM, Stellantis, five others aim to build bigger charger network than US EV market leader’s.
GM, Stellantis, five others aim to build bigger charger network than US EV market leader’s.
U.S.-Canada corridor would span about 900 miles between Michigan and Quebec.
Italian utility plans to add 10K units in US this decade.
Joins growing list of retailers boosting or starting their own infrastructure.
Analysis finds Tesla would be both winner and loser.
Federal deal opens biggest US charging network to customers of market leader’s rivals.
But multiple obstacles stand in the way of widespread adoption.
Hertz has partnered with BP Pulse, BP oil company’s EV charging arm, to build a network of electric vehicle charging stations across the U.S.
No-haggle prices and sizeable investments in charging infrastructure are required to sell the automaker’s electric vehicles.
First $900 million coming to help 35 states build network of stations. President also promotes tax breaks to buy EVs built in North America.
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