Tesla is in for billion-dollar gains after General Motors (GM) on Friday followed in the footsteps of Ford and tapped on to Tesla’s network of charging stations.

Tesla and the two automobile giants have not provided any financial details themselves, but investment bank Piper Sandler estimates that Tesla by 2030 may have added USD 3bn to its top line, increasing to USD 5.4bn in 2032, according to Bloomberg News.

“Other brands will be forced to join this consortium, effectively establishing Tesla’s ‘North American Charging Standard’ as the preferred approach for EV charging – at least in the United States,” Piper Sandler analyst Alex Potter said in a research note Friday, as cited by Bloomberg.

GM vehicles will have access to Tesla’s so-called Superchargers from 2024 through an adaptor. From 2025, GM expects a production of 1 million electric cars built specifically for the Superchargers.