Nissan (TYO:7201) revealed Wednesday that they have agreed to adopt Tesla’s North American Charging Standard (NACS) technology in the U.S. and Canada, joining global peers such as Ford (NYSE:F), General Motors (NYSE:GM) and Rivian (NASDAQ:RIVN) in expanding their fast-charger network to boost EV adoption.
Starting in 2025, Nissan will equip its EVs with the Tesla-developed NACS port, becoming the first Japanese automaker to do so, as they target 40% of U.S. vehicle sales to be fully electric by 2030, the company said.
There were early efforts by the Biden administration, pushing for the Combined Charging System (CCS) to become the U.S. standard. However, the White House has said electric-vehicle charging stations using Tesla-standard plugs would be eligible for billions of dollars in federal subsidies as long as they included the U.S. charging standard connection, CCS, as well.
Starting in 2024, Nissan will provide NACS charging adapters with its Ariya EV models, allowing them to use Tesla's (NASDAQ:TSLA) expansive Supercharging network, which, according to the U.S. Department of Energy, accounts for about 60% of the total number of fast chargers in the United States.
Shares of TSLA are up 0.52% in pre-market trading on Wednesday.