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Tesla's Superchargers make up about 60% of available U.S. fast
chargers and Ford and General Motors have in recent weeks struck
deals with Tesla to use its charging technology, now dubbed the
North American Charging Standard (NACS).
Jaehoon Chang, who is also Hyundai's president, said the company
would consider joining the alliance of automakers shifting to
Tesla's standard, but that it would have to determine that was
in the interest of its customers.
One issue, he said, is that Tesla's current network of
Superchargers does not allow for the faster charging Hyundai's
electric vehicles can achieve on other chargers.
"That's what we will look into from the customer's perspective,"
Chang told analysts at the automaker's investor day.
Hyundai's new electric cars, including the Ioniq 5, use an
800-volt electrical architecture to allow for faster charging,
while Tesla's Superchargers operate at a lower voltage.
Chang said Hyundai would consult with Tesla to see whether it
could make adjustments to its charging system for Hyundai
customers so they could charge faster.
Tesla opening its charging network to electric vehicles from
other brands is a condition for the company to qualify for some
of the $7.5 billion in subsidies the Biden administration has
provided to speed the deployment of chargers in the U.S.
The U.S carmaker also stands to profit from selling power to a
bigger group of electric vehicle drivers. Tesla shares are up
more than 40% since late May when it announced its deal with
Ford.
(Reporting by Hyunsu Yim in Seoul; Writing by Kevin Krolicki;
Editing by Jan Harvey)
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