Ford partners with Tesla on electric vehicle charging initiatives

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Ford partners with Tesla on electric vehicle charging initiatives
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Ford has announced a partnership with Tesla, allowing its electric vehicle owners to use Tesla's Supercharger network starting next year, marking a major collaboration in the EV industry.

as part of Ford's efforts to boost its EV production and possibly rival Tesla's significant EV sales volume. Tesla is a dominant force in the EV sector, with Ford securing the second spot in U.S. fully electric vehicle sales last year, reporting 61,575 electric vehicles sold.

A separate representative from Ford confirmed to CNBC that the pricing for charging "will be competitive in the marketplace," with additional details to be disclosed closer to the anticipated 2024 launch date.Earlier this year, Tesla intended to open its private network to other EVs. This move comes after Tesla pledged to the White House in February to make 7,500 charging stations available to non-Tesla EV drivers by the end of 2024. Until now, the company's U.S.

The Thursday call was cordial, with both CEOs excited about the collaboration. Farley said, "Working with Elon and his team, I'm excited for our industry and Ford customers," Musk replied, "It's an honor to be working with a great company like Ford."

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