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Mere days after seeing Hyundai, Genesis and Kia EVs charging at Tesla Superchargers, all three of the brands under the Hyundai Motor Group umbrella have confirmed a pivot to the North American Charging Standard (NACS).

This morning’s news comes as more of an “of course” rather than a surprise, as Hyundai Motor Group is by no means the first legacy automaker to publicly announce it will adopt the EV charging standard originally created by American automaker Tesla.

While the true originator behind support for NACS was solar EV startup Aptera, a reality in which Tesla’s charging plug could become the go-to method of connecting didn’t gain true momentum until Ford Motor Company announced it was onboard. GM quickly followed suit and the flood gates were opened.

We’ve since seen nearly every automaker selling EVs in North America adopt the standard, including Rivian, Mercedes-Benz, Volvo, Nissan, Volkswagen Group, and even Jaguar. This past June, after Tesla opened up its Supercharger network and NACS plug to all, Hyundai shared that it would need to look into the standard from “a customers perspective” before making a decision.

That decision appeared clearly made last week, when images emerged of a photoshoot taking place at a Tesla Supercharger that showcased both a Hyundai IONIQ 5 and the new Kia EV9. Albeit with taped-on Supercharger cables…at a V2 Supercharger that likely won’t support V3 NACS vehicles. Hey let’s not lose the plot here.

At that point, it was safe to say an NACS announcement from Hyundai was imminent, but you never know until you actually know.

Today we know. The Korean automaker will officially adopt NACS.

Hyundai NACS
Credit: Genesis

Hyundai, Kia, and Genesis officially join NACS

This morning, Hyundai USAand luxury sub-brand Genesis put out simultaneous press releases confirming the adoption of the North American Charging Standard, enabling easier access to 12,000 piles on the Supercharger network. Kia soon followed. Per Hyundai president, global COO, and Hyundai North America president and CEO José Muñoz:

Our collaboration with Tesla marks another milestone in our commitment to delivering exceptional EV experiences to our customers. This new alliance will provide Hyundai EV owners confidence in their ability to conveniently charge their vehicles and complements our joint venture company to create a new, high-powered charging network with at least 30,000 stations across North America.

Beginning in Q4 of 2024, US customers purchasing new Hyundai EVs will find the NACS port with access to reach Canadian customers in the first half of 2025. Existing Hyundai customers driving EVs with the current CCS port should gain access to the Tesla Supercharger network in Q1 2025 via an adapter that will be rolled out.

Both Kia and Genesis shared the same timeline for the NACS port adoption as well the adapters for CCS EV owners. One company currently left out is Kia, a member of Hyundai Motor Group that was also spotted in the recent photoshoot in Southern California.

What remains to be seen is whether or not Tesla will allow 800V vehicles to charge at the higher speeds vs Tesla’s current ~400V option. Superchargers at 400V will still be welcomed but I’m sure 800V architecture vehicles would love to be able to charge at full speed.

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Oil giant Equinor backs crisis-stricken Orsted as Trump lashes out at offshore wind

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Oil giant Equinor backs crisis-stricken Orsted as Trump lashes out at offshore wind

Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark.

Thomas Traasdahl | Afp | Getty Images

Norwegian oil giant Equinor on Monday pledged to support Denmark’s Orsted with almost $1 billion of fresh capital, backing the beleaguered company amid sustained attacks on offshore wind projects from the Trump administration.

In an apparent show of confidence in the world’s largest offshore wind developer, Equinor signaled its intention to participate in Orsted’s planned 60 billion Danish krone ($9.4 billion) rights issue and said it intended to hold on to its 10% ownership in the company.

Equinor said its strategic support of the rights issue reflects its confidence in Orsted’s underlying business and the competitiveness of offshore wind in the future energy mix. The state-backed Norwegian energy group is the second largest shareholder in Orsted, behind the Danish government.

As part of the move, Equinor said it would nominate a candidate to Orsted’s board of directors.

Shares of Orsted rose 3.6% on the news, before paring gains. The stock price, which is down nearly 90% from a 2021, peak notched a fresh record low last month after the Trump administration ordered the company to halt work on a near complete windfarm.

Equinor shares were last seen 0.2% higher on Monday morning.

Both companies have been navigating challenges around the offshore wind industry, with Equinor saying it is closely monitoring developments in the U.S., and that it intends to remain in dialogue with Orsted.

The wind industry has been a target for U.S. President Donald Trump since his first day in office. The latest blow came on Friday when the U.S. Department of Transportation canceled $679 million in federal funding for a dozen infrastructure projects that would support offshore wind power nationwide.

“Wasteful, wind projects are using resources that could otherwise go towards revitalizing America’s maritime industry,” Transportation Secretary Sean Duffy said in a statement.

Analysts at RBC Capital Markets said Equinor’s move to support Orsted could be seen as a first step for the company considering the possibility of a potential merger between the two offshore wind portfolios.

“The challenge with participating fully is that the company will effectively increase its net exposure to two 100%-owned US offshore wind projects, neither of which look likely to be farmed down in the near term, and where political support remains uncertain,” analysts at RBC Capital Markets said in a research note.

“The incremental positive is that alongside its maintained shareholding, Equinor will now be having board representation, making the most of a challenging situation,” they added.

Spokespeople for Equinor and Orsted did not immediately respond to a CNBC request for comment.

— CNBC’s Spencer Kimball & Ganesh Rao contributed to this report.

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E-quipment highlight: Komatsu PC20E-6 electric mini excavator

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E-quipment highlight: Komatsu PC20E-6 electric mini excavator

Japanese equipment giant Komatsu has added a not-so-giant electric excavator to its growing lineup of battery-powered construction equipment. The new Komatsu PC20E-6 electric mini excavator promises a full day of work from a single charge.

Komatsu says the design of its latest mini excavator was informed by data sourced from more than 40,000 working days of comparably-sized diesel excavators. The company found that, in 90% of its global customers’ mini excavator deployments, these vehicles are in active use for less than 3.5 hours per day.

“This defined the target for the required, reliable working time with the excavator,” reads the Komatsu web copy. “This result makes it possible for Komatsu to offer an attractively priced machine with a performance that exactly matches the requirements.”

Keeping costs down are relatively conservative specs. Komatsu chose to power the PC20E-6 with a 23.2 kWh battery pack sending electrons to an 11 kW (~15 hp), high-torque electric motors. Not exactly super impressive on paper, but the machine has an operating weight of 2,190 kg and enough juice for up to four (4) hours of continuous operation.

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More than enough, in other words, to have completed 90% of of those 40,000 work days the company analyzed.

Getting it done


PC20E-6 electric mini excavator; via Komatsu.

If, for some reason, that four hours’ runtime isn’t enough, an on-board charging option for 230V and 3kW charging power compatible with various plug adapters is standard, with an external DC quick charger for 400V and 12 kW charging as optional. In either case, it won’t be long before the machine is back at work.

To help the later adopters sleep well about their battery-powered investments, the PC20E-6 ships with Komatsu’s E-Support maintenance program, which includes free scheduled maintenance by a Komatsu-trained technician, a 3 year/2,000 hour warranty on the machine, plus a 5 year/10,000 hour warranty on the electric driveline. The company says the battery should last 10 years.

“The Komatsu E-Support customer program is included free of charge with every market-ready electric mini excavator and offers exclusive machine support,” said Emanuele Viel, Group Manager Utility at Komatsu Europe. “The bottom line is that the risk for the end customer is significantly reduced, especially when it comes to exploring the electrification advances in the industry.”

Komatsu hasn’t released official pricing quite yet, but has revealed that the P20E-6 will begin series production this October.

SOURCE | IMAGES: Komatsu.


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Tesla unexpectedly ends contract at Giga Texas, letting go 82 people

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Tesla unexpectedly ends contract at Giga Texas, letting go 82 people

Tesla has unexpectedly terminated a contractor’s contract at Gigafactory Texas, resulting in the layoff of 82 workers who were supporting the automaker’s production at the giant factory in Austin.

MPW Industrial Services Inc., an Ohio-based industrial service provider specializing in cleaning and facility management, has issued a new WARN notice, confirming that it will lay off 82 workers in Texas due to Tesla unexpectedly ending its contract with the company.

Here are the details from the WARN notice:

  • State / agency: Texas Workforce Commission (TWC).
  • Notice date: August 27, 2025.
  • Employees affected: 82
  • Likely effective date: September 1, 2025
  • Context from the filing/letter: layoffs tied to an unexpected termination of a major customer contract (Tesla—Gigafactory Texas, 1 Tesla Road); positions include 61 technicians, 7 team leads, 7 supervisors, 7 managers; no bumping rights; workers not union-represented.

In April 2024, Tesla initiated waves of layoffs at the plant, resulting in the dismissal of more than 2,000 employees in Austin, Texas.

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Since then, Tesla’s sales have been in a steady decline. While the automaker is expected to have a strong quarter in the US in Q3 due to the end of the tax credit, sales are expected to decline further in Q4 and the first half of 2026.

Many industry watchers have expected Tesla to initiate further layoffs due to the situation.

Electrek’s Take

We may be seeing the beginnings of a new wave of layoffs at Tesla, as the automaker typically starts with contractors.

To be fair, Tesla could also potentially end the contract unexpectedly for other reasons, but the timing does align with the need to cut costs and staff ahead of an inevitable downturn in US EV sales.

I think it’s inevitable that we start seeing some layoffs. I think Tesla will have to slow down production in the US to avoid creating an oversupply, especially in Q4-Q1.

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