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Technology Stocks : The Electric Car, or MPG "what me worry?"

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From: Eric12/12/2024 5:46:28 PM
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Why The Tesla NACS Revolution Is Our Technology Of The Year

The North American Charging System isn't just giving people Supercharger access. It's solving a real problem.


Photo by: Ralph Hermens


By: Abigail Bassett
Dec 11, at 4:00pm ET

Earlier this year, SAE International (formerly known as the Society of Automotive Engineers) announced a new acronym that sounds innocuous but may just change the world: J3400. That formalized the U.S. auto industry's shift toward Tesla’s North American Charging Standard (NACS for short) charging connector and began the long process of creating more universal standards to help move toward a fully electrified future.

While it sounds like a lot of inside baseball, it merely means this: in a few years, pretty much every new EV sold in America will likely have Tesla's style of plug and be able to natively use its vast Supercharger network—something previously exclusive to Tesla drivers. The move represented a huge shift for the global automotive industry, while at the same time offering consumers more choice and availability for public EV charging.

That’s why our jurors selected the NACS standard, and the transition to it, as our inaugural Technology of the Year winner......

The rest of the story here:

insideevs.com
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