Major automakers announce large electric vehicle charging network

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Major automakers announce large electric vehicle charging network
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Seven major automakers are joining to build a large North American electric vehicle charging network, doubling the number of chargers in the U.S. and Canada.

The announcement Wednesday that seven major automakers are joining to build a large North American electric vehicle charging network should pull people off the sidelines to at least consider shifting away from gas-powered vehicles.

The dramatic move is intended to allay fears that chargers won't be available for long-distance travel. Fast chargers can get a battery to 80% of its capacity in 20 minutes to one hour, making them optimal for travel corridors and in some cases comparable to the time it takes to fill a car with gasoline. They're much quicker than 240-volt"Level 2" chargers that can take hours to get a battery to a full charge.

The network will speed up electric vehicle sales in North America by getting people who now are reading stories about holes in the charging network that prevent long-distance travel, said Stephanie Brinley, an analyst with S&P Global Mobility. The current charging network, being built by a hodgepodge of companies, is growing but is often unreliable or in poor locations. This has prompted Ford, General Motors and others to sign agreements with Tesla to give their EVs access to its much larger network of fast chargers. Automakers also have announced they're building their own networks, but Brinley said the moves weren't enough.

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