A consortium of seven major automakers is forming a joint venture with the aim of establishing a robust electric vehicle (EV) fast-charging network across North America. General Motors, BMW Group, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis will collaborate to install at least 30,000 charging stations in the United States and Canada to make EVs more appealing to consumers.
The charging stations will be strategically located in major cities and popular travel routes. Each station will feature multiple high-powered fast chargers capable of filling an EV’s batteries up to 80% in approximately 30 minutes. To enhance user experience, the stations will be equipped with overhead canopies for sun and rain protection and will be situated near restaurants and shops with restroom facilities. Moreover, renewable energy sources will power the chargers.
The automakers intend to develop phone apps that will work with the charging stations, simplifying the process of locating and initiating charging sessions. Furthermore, the charging stations will be accessible to vehicles from various manufacturers, expanding their utility beyond the consortium members.
Funding for this ambitious project will come from the automakers’ resources and grants provided by the federal government. By significantly increasing the number of fast chargers in the US, the joint venture will play a crucial role in accommodating the rising demand for electric vehicle. Presently, there are around 35,000 NACS (North American Charging Standard) and CCS (Combined Charging System) chargers in the country, but more will be necessary as EV sales surge.
The National Renewable Energy Laboratory projects that about 182,000 fast chargers will be required by 2030, a milestone year when half of all new vehicles sold in the US are expected to be electric, largely driven by the emissions standards set by the Biden administration.