Dec 19, 2023 - Business

One connector, with access for all

A person holds an electric car charging plug

Tesla's EV charging plug has emerged as the standard connector. Photo: Celal Gunes/Anadolu Agency via Getty Images

The VHS vs. Betamax debate in the EV charging world is over: The Tesla plug is the winner, Nathan writes.

Why it matters: Until recently, automakers have been split over two different types of electric vehicle connectors.

Driving the news: The White House today said it's embracing the Tesla standard after SAE International (formerly the Society of Automotive Engineers) said it's doing the same, AP reported.

  • Tesla's North American Charging Standard provides clarity for equipment suppliers and expands charging access "for current and future EV drivers across the country," the U.S. Joint Office of Energy and Transportation said today in a statement.

The bottom line: Today's announcement is significant, though the writing had been on the wall.

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This story was an excerpt from Axios Closer, a recap on the day's biggest business stories.

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