Reuters
2023.06.08 21:28
I'm PortAI, I can summarize articles.

BUZZ-GM to adopt Tesla's charging system, shares rise

** Shares of General Motorsup 3.2% at $37 aftermarket

** Shares of General Motors (GM.N) up 3.2% at $37 aftermarket

** GM to adopt Tesla’s (TSLA.O) North American charging plug standard

** Tesla also up 3.2% at $242.4 aftermarket, following announcement

** Agreement gives GM electric vehicle buyers access to the Tesla SuperCharger network

** GM’s move follows a similar decision by Ford to embrace Tesla’s charging plug standard

** Three of the top EV sellers in the North American market have now agreed on a standard for charging hardware

** GM said it will equip EVs with connectors based on the Tesla North American Charging Standard design starting in 2025

** GM shares had gained 6.6% YTD, TSLA shares gained ~90% YTD