Major Korean automakers adopt Tesla's EV charging standard in win for Musk

Why it matters: The companies — part of the Hyundai Motor Group — emphasized the decision will broaden charging access for drivers of their EVs. "This will double the size of the DC fast charging network available to Hyundai EV customers," the automaker said.

The big picture: It's also a big get for Tesla. CNN reports: "Counted together, Hyundai, Kia and Genesis would be the second-best-selling EV manufacturer in the United States after Tesla, according to figures from Kelley Blue Book."

Meanwhile, GM said Thursday that it plans to sell all-electric Cadillacs in Switzerland, "the first step in a return to European markets since selling off the Opel and Vauxhall brands in 2017," Reuters reports.

Go deeper: How Tesla is calling the shots in the EV shift