2 months ago
Key Takeaways
- Starbucks and Mercedes-Benz announced a woody to put nan carmaker's EV charging stations astatine 100 of nan java giant's U.S. locations.
- The first shape of nan scheme will put nan chargers astatine Starbucks locations connected nan West Coast's Interstate 5 corridor.
Customers astatine immoderate Starbucks (SBUX) locations tin soon get much than conscionable a caffeine “charge.” They’ll beryllium capable to get 1 for their electrical vehicle, too.
The world’s biggest java concatenation is moving pinch Mercedes-Benz to connection EV charging stations astatine 100 Starbucks locations successful nan U.S. The first shape will person nan German carmaker placing its 400-kilowatt devices successful Starbucks stores on Interstate 5 connected nan West Coast.
Starbucks said it has “nearby access” to charging stations astatine much than 1,000 locations.
Mercedes-Benz past twelvemonth said it would join Tesla’s (TSLA) North American Charging System network.
Shares of Starbucks fell 0.5% successful Wednesday trading. They're down much than 20% successful 2024.
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