The American-Made EV Promise Promises To Change The Global EV Power Order
Tides keep on shifting in the EV universe. Last Thursday, General Motors (NYSE: GM) has revealed it will be following its Detroit peer, Ford Motor (NYSE: F) in making an agreement with Tesla Inc (NASDAQ: TSLA) to access its electric vehicle-charging infrastructure across North America. Today, a pioneer manufacturer of state-of-the art pickup tonneau cover manufacturer whose products hold a big EV promise, Worksport Ltd (NASDAQ: WKSP), revealed it will be reallocating its headquarters to the company's West Seneca, NY facility to turbocharge its operations.
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How could Tesla's deal with GM and Ford impact the wider EV industry?
GM Follows Ford's Footsteps As It Enters The Tesla Charging Universe
As of 2025, Ford and GM will be integrating Tesla charging tech into their next-generation EVs. Someone might say that Tesla has fueled an EV charging standards war, but just like when Tesla started discounting prices at the beginning of the year, there's a much bigger picture in question and it's all about accelerating the global EV shift.
Worksport is entering a new era of turbocharged growth with its strategic HQ shift. By moving its headquarters from Ontario, Canada to the company's 220,000 square-foot facility in West Seneca, NY, Worksport will be able to fuel its growth in many ways, from its strategy to its efficient execution. This geographic move is a strategic and transformative leap.
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This article The American-Made EV Promise Promises To Change The Global EV Power Order originally appeared on Benzinga.com