{"id":767015,"date":"2023-06-29T11:17:34","date_gmt":"2023-06-29T15:17:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/"},"modified":"2023-06-29T11:17:34","modified_gmt":"2023-06-29T15:17:34","slug":"polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/","title":{"rendered":"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada<\/b><\/p>\n<p>GOTHENBURG, Sweden&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPolestar has signed an agreement with Tesla to adopt the new North American Charging Standard (NACS) which will enable access to Tesla\u2019s expansive Supercharger network for all Polestar drivers in the United States and Canada.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230629093526\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230629093526\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230629093526\/en\/1831743\/4\/668057_20230525_Polestar_future_product_portfolio.jpg\" alt=\"Polestar future product line-up. (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Polestar future product line-up. (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nFrom 2025, new Polestar vehicles sold in North America will be equipped with the NACS charging port by default. Adapters to help allow existing Polestar drivers to access the network in a convenient way are expected in mid-2024.<\/p>\n<p>\n\u201cThis is a great win for our North American customers! We salute the pioneering work Tesla has done to speed up the adoption and increase the popularity of electric vehicles, and it\u2019s great to see the Supercharger network being made available in this way. With 12,000 charging points today, a number that will only keep growing, this move will greatly increase the rate of EV adoption in a key automotive region,\u201d says Thomas Ingenlath, CEO.<\/p>\n<p>\nThe agreement applies to current and future Polestar models. To maintain compatibility with existing CCS public fast charging infrastructure in North America, future NACS-equipped Polestar vehicles will come with a CCS adapter.<\/p>\n<p><b><i>About Polestar<\/i><\/b><\/p>\n<p><i>Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand determined to improve society by using design and technology to accelerate the shift to sustainable mobility. Headquartered in Gothenburg, Sweden, its cars are available online in 27 markets globally across North America, Europe and Asia Pacific.<\/i><\/p>\n<p><i>Polestar plans to have a line-up of five performance EVs by 2026. Polestar 2, the electric performance fastback, launched in 2019. Polestar 3, the SUV for the electric age, launched in late 2022. Polestar 4, the SUV coup\u00e9 transformed, is launching in phases through 2023 and into 2024. Polestar 5, an electric four-door GT and Polestar 6, an electric roadster, are coming soon.<\/i><\/p>\n<p><i>The Polestar 0 project is the company\u2019s ambitious goal of creating a truly climate-neutral production car by 2030. The research initiative also aims to create a sense of urgency to act on the climate crisis, by challenging employees, suppliers and the wider automotive industry, to drive towards zero.<\/i><\/p>\n<p><b><i>Forward-Looking Statements<\/i><\/b><\/p>\n<p><i>Certain statements in this press release (\u201cPress Release\u201d) may be considered \u201cforward-looking statements\u201d as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events or the future financial or operating performance of Polestar. For example, projections of revenue, volumes and other financial or operating metrics are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as \u201cmay\u201d, \u201cshould\u201d, \u201cexpect\u201d, \u201cintend\u201d, \u201cwill\u201d, \u201cestimate\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201cpredict\u201d, \u201cpotential\u201d, \u201cforecast\u201d, \u201cplan\u201d, \u201cseek\u201d, \u201cfuture\u201d, \u201cpropose\u201d or \u201ccontinue\u201d, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties, and other factors which could cause actual results to differ materially from those expressed or implied by such forward looking statements.<\/i><\/p>\n<p><i>These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Polestar and its management, as the case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) Polestar\u2019s ability to maintain agreements or partnerships with its strategic partners, Volvo Cars and Geely, and to develop new agreements or partnerships; (2) Polestar\u2019s ability to maintain relationships with its existing suppliers, and source new suppliers for its critical components, and to complete building out its supply chain, while effectively managing the risks due to such relationships; (3) Polestar\u2019s reliance on its partnerships with vehicle charging networks to provide charging solutions for its vehicles and its reliance on strategic partners for servicing its vehicles and their integrated software; (4) Polestar\u2019s reliance on its partners to manufacture vehicles at a high volume, some of which have limited experience in producing electric vehicles, and on the allocation of sufficient production capacity to Polestar by its partners in order for Polestar to be able to increase its vehicle production capacities; (5) competition, the ability of Polestar to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) Polestar\u2019s estimates of expenses and profitability; (7) increases in costs, disruption of supply or shortage of materials, in particular for lithium-ion cells or semiconductors; (8) the possibility that Polestar may be adversely affected by other economic, business, and\/or competitive factors; (9) the effects of competition and the high barriers to entry in the automotive industry, and the pace and depth of electric vehicle adoption generally on Polestar\u2019s future business; (10) changes in regulatory requirements, governmental incentives and fuel and energy prices; (11) the outcome of any legal proceedings that may be instituted against Polestar or others; (12) the ability to meet stock exchange listing standards; (13) risks associated with changes in applicable laws or regulations and with Polestar\u2019s international operations; (14) Polestar\u2019s ability to establish its brand and capture additional market share, and the risks associated with negative press or reputational harm, including from lithium-ion battery cells catching fire or venting smoke; (15) delays in the design, manufacture, launch and financing of Polestar\u2019s vehicles and Polestar\u2019s reliance on a limited number of vehicle models to generate revenues; (16) Polestar\u2019s ability to continuously and rapidly innovate, develop and market new products; (17) risks related to future market adoption of Polestar\u2019s offerings; (18) risks related to Polestar\u2019s distribution model; (19) the impact of the global COVID-19 pandemic, inflation, interest rate changes, the ongoing conflict between Ukraine and Russia, supply chain disruptions and logistical constraints on Polestar, Polestar\u2019s projected results of operations, financial performance or other financial and operational metrics, or on any of the foregoing risks; and (20) other risks and uncertainties set forth in the sections entitled \u201cRisk Factors\u201d and \u201cCautionary Note Regarding Forward-Looking Statements\u201d in Polestar\u2019s Form 20-F, and other documents filed, or to be filed, with the SEC by Polestar. There may be additional risks that Polestar presently does not know or that Polestar currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.<\/i><\/p>\n<p><i>Nothing in this Press Release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. Polestar assumes no obligation to update these forward-looking statements, even if new information becomes available in the future.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230629093526r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230629093526\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230629093526\/en\/<\/a><\/span><\/p>\n<p>\nBrent Ellis<br \/>\n<br \/>Head of Product PR, Polestar<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:brent.ellis@polestar.com\">brent.ellis@polestar.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New York North America United States Europe Sweden Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Automotive Manufacturing Alternative Energy Energy Manufacturing Sustainability Alternative Vehicles\/Fuels Technology Other Automotive EV\/Electric Vehicles Batteries Environment Off-Road Trucks &amp; SUVs General Automotive Other Technology Automotive<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230629093526\/en\/1425476\/3\/Polestar_wordmark.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230629093526\/en\/1831743\/3\/668057_20230525_Polestar_future_product_portfolio.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Polestar future product line-up. (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada GOTHENBURG, Sweden&#8211;(BUSINESS WIRE)&#8211; Polestar has signed an agreement with Tesla to adopt the new North American Charging Standard (NACS) which will enable access to Tesla\u2019s expansive Supercharger network for all Polestar drivers in the United States and Canada. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230629093526\/en\/ Polestar future product line-up. (Photo: Business Wire) From 2025, new Polestar vehicles sold in North America will be equipped with the NACS charging port by default. Adapters to help allow existing Polestar drivers to access the network in a convenient way are expected in mid-2024. \u201cThis is a great win for our North &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-767015","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada GOTHENBURG, Sweden&#8211;(BUSINESS WIRE)&#8211; Polestar has signed an agreement with Tesla to adopt the new North American Charging Standard (NACS) which will enable access to Tesla\u2019s expansive Supercharger network for all Polestar drivers in the United States and Canada. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230629093526\/en\/ Polestar future product line-up. (Photo: Business Wire) From 2025, new Polestar vehicles sold in North America will be equipped with the NACS charging port by default. Adapters to help allow existing Polestar drivers to access the network in a convenient way are expected in mid-2024. \u201cThis is a great win for our North &hellip; Continue reading &quot;Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-29T15:17:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20230629093526\/en\/1831743\/4\/668057_20230525_Polestar_future_product_portfolio.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada\",\"datePublished\":\"2023-06-29T15:17:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\\\/\"},\"wordCount\":1195,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20230629093526\\\/en\\\/1831743\\\/4\\\/668057_20230525_Polestar_future_product_portfolio.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\\\/\",\"name\":\"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230629093526\/en\/ Polestar future product line-up. (Photo: Business Wire) From 2025, new Polestar vehicles sold in North America will be equipped with the NACS charging port by default. Adapters to help allow existing Polestar drivers to access the network in a convenient way are expected in mid-2024. \u201cThis is a great win for our North &hellip; Continue reading \"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-29T15:17:34+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20230629093526\/en\/1831743\/4\/668057_20230525_Polestar_future_product_portfolio.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada","datePublished":"2023-06-29T15:17:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/"},"wordCount":1195,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20230629093526\/en\/1831743\/4\/668057_20230525_Polestar_future_product_portfolio.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/polestar-will-adopt-north-american-charging-standard-to-enable-access-to-tesla-supercharger-network-in-usa-and-canada\/","name":"Polestar will adopt North American Charging Standard to enable access to Tesla Supercharger network in USA and Canada - 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