Non-Tesla EV Owners to Use Its Chargers
Federal deal opens biggest US charging network to customers of market leader’s rivals.
The EV market leader could compromise its advantage by letting all EV owners use it.
IMAGE: Blomst
Tesla will give competitors access to much of its U.S. electric-vehicle charging network in a federal effort to expand electrification in order to reduce carbon emissions.
It’s the largest EV charging network in the country, and the EV market leader could compromise its advantage by letting all EV owners use it, though it could help it build revenue, analysts said.
The Biden administration, which announced the program, said Tesla will allow non-Tesla customers to use 3,500 of its new and existing fast “super-chargers,” plus 4,000 slower stations, by the end of 2024.
Drivers will be able to use the network via the Tesla cellphone application or website, though an adapter or new charger design may be needed, one analyst said.
The deal is part of a larger $7.5 billion federal program to electrify U.S. roads.
EV charging “will be as easy as filling up at a gas station,” said White House aide Mitch Landrieu.
LEARN MORE: EV Tax Credit Rules Tweaked to Qualify More Models
Originally posted on Auto Dealer Today
More Industry
Autos More Appealing
Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
Read More →
Used EVs Defy Overall Market
While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
Read More →
Gone to the Dogs
A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Agent Advocate
Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.
Read More →
Driving Under Distraction
Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.
Read More →
Affordable New Cars a Thing of the Past
More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.
Read More →