Stellantis (STLA) is evaluating Tesla (TSLA) NACS charging connectors
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Stellantis (NYSE: STLA) revealed Tuesday that the Franco-American automaker continues to evaluate Tesla's (NASDAQ: TSLA) charging standard after Ford Motor Co (NYSE: F) and General Motors Co (NYSE: GM) said they were adopting it.
"At this time, we continue to evaluate the NACS standard and look forward to discussing more in the future," Stellantis said in a statement, referring to the charging connection designed by Tesla.
"Our focus is to provide the customer the best charging experience possible. Our Free2Move Charge brand will offer seamless, simple solutions whether at home or on-the-go through partnerships with charging providers," it said.
Tesla continues its climb in pre-market trading on Wednesday. The EV giant is on its way to complete an impressive 14-day win streak that has seen the automaker giant gain close to 40% in two weeks.
Shares of STLA are up 2.08% in pre-market trading on Wednesday.
By Michael Elkins | [email protected]
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