Ford (F) has officially rolled out charging adaptors for its electric vehicles, allowing users to plug their cars into Tesla (TSLA) superchargers in the US and Canada. Current Ford EV customers can reserve a free charger before June 30; after that, it will cost $230. Yahoo Finance Reporter Pras Subramanian joins the Live show to discuss his experience with the adaptor and what this could mean for Ford owners moving forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Nicholas Jacobino
Starting today, Ford EV owners will be the first to access Tesla’s Supercharger network with the use of an adapter.
Tesla unveiled new incentives, including insurance subsidies, on Friday to woo consumers in the world's largest auto market, where the U.S. electric vehicle giant is in a protracted price war against entrenched rivals such as BYD. Pickups of existing inventories of Model 3 sedans and Model Y SUVs by the end of March would be entitled to a maximum of 34,600 yuan ($4,807.76) worth of incentives, Tesla said in a post on its Weibo account. Among the incentives are a 8,000 yuan discount in car insurance products with partnerships with Tesla, and a 10,000 yuan discount if the buyer chooses a change of paint.