this post was submitted on 17 Jul 2023
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Hyundai Motors Announces Intent to Share Tesla Charging Infrastructure (www.businesskorea.co.kr)
submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world
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Hyundai Motors Announces Intent to Share Tesla Charging Infrastructure::Chung Jae-hoon, the president of Hyundai Motor Company, discussed the company’s plans concerning electric vehicle charging during the Goodwood Festival in West Sussex, England. Following the unveiling of the first high-performance electric vehicle, the Ioniq 5 N, under Hyundai's core electrifica

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[–] Encode1307@lemm.ee 1 points 11 months ago

Charging networks don't generate the kind of margins that the cars do. There are a lot of people who bought teslas because of access to the network. Now they've given up that advantage AND existing tesla owners will be competing for limited charging stalls with hyundais and Fords.