Advisers
Learn
Newsletter
Offers
Podcast
About
  Back
~
1
min read
· Posted on
February 21, 2024

Carpool Karaoke: Ford and Tesla sing harmony in an unlikely supercharger duet

Tesla and Ford have announced a new collaboration for EV chargers.

What's the key learning?

  • Tesla will make at least 7,500 chargers available by the end of next year to Ford EVss, and Ford will start to produce EVs with connectors compatible with Tesla Superchargers.
  • The most common reason that drivers avoid EVs is fear the battery will run out of charge before reaching their destination (aka range anxiety).
  • By partnering together, Tesla and Ford are potentially setting a new industry standard for charging ports.

👉 Background: Ford has always been a big player in the automotive industry. But it’s fair to say that Ford is still well behind Tesla in its EV capacity. Get this: Ford sold just over 60,000 EV’s in 2022, compared to Tesla’s 1.3 million EV’ssold.

👉 What happened: But now, Tesla and Ford have announced a new collab. Tesla will make at least 7,500 chargers available by the end of next year to Ford EV’s.

👉 What else: Ford will start to produce EVs with connectors compatible with Tesla Superchargers. And while this is starting in the US and Canada, it’s likely that these standards will become global over the coming years.

What's the key learning?

💡A rising tide floats all boats. The most common reason that drivers avoid EVs is fear the battery will run out of charge before reaching their destination
(aka range anxiety).

💡 The facts don't lie:

💡By partnering together, Tesla and Ford are potentially setting a new industry standard for charging ports. And with more charging ports available, there is less reason to be anxious about not making the distance.

‍

Ready to win at money?

Sign up for Flux and join 100,000 members of the Flux family

Sign Up
A button to App StoreGoogle Play store button
Excellent  4.9 out of 5
Star rating
© 2024 Flux Technologies Pty Ltd and Flux Media Pty Ltd
All rights reserved.
Explore
HomeLearnPodcastAboutNewsletterFlux at WorkAdvisers
Offers
Home LoansSavings AccountsBank AccountsShare TradingCar LoansCredit Cards
Support
CareersContact usPrivacy PolicyTerms of Use
Disclaimer: Flux Technologies Pty Ltd (ABN 86 634 507 172) is an authorised representative (Representative No. 1283166) of Mozo Pty Ltd who is the holder of AFSL No. 328141. We also provide general advice on credit products under our own Australian Credit Licence No. 530103. The product information presented does not constitute an offer and we are not recommending or suggesting any particular product. Any product advice presented is of a general nature only, and is not to be taken as any sort of advice as it has not taken into account your personal circumstances, objectives, financial situation or needs. Flux may not cover all products available to you. Check out our Credit Guide and Financial Services Guide for more information.

All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. Flux Media Pty Ltd is the owner of the registered trade mark, 'What the Flux'. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.
No items found.