<p>The fear of insufficient charging infrastructure is one of the reasons why sales of electric vehicles are progressing less rapidly than expected in the US and Tesla's well-developed network was seen as key to reassuring customers.</p>
The concern of inadequate charging infrastructure is likely one of the the reason why gross sales of electrical autos are progressing much less quickly than anticipated within the US and Tesla’s well-developed community was seen as key to reassuring prospects.

Tesla boss Elon Musk stated Friday the electrical car producer would make investments over USD 500 million this 12 months to put in new superchargers, simply days after a report of large layoffs on this department of the corporate.

“Simply to reiterate: Tesla will spend effectively over USD 500M increasing our Supercharger community to create hundreds of NEW chargers this 12 months,” Elon stated on X.

“That is simply on new websites and expansions, not counting operations prices, that are a lot greater,” he added.

In line with tech information outlet The Data on Monday, Tesla was shifting to disband its supercharger division, shedding most of its 500 staff in addition to its senior director.

The revelation raised questions concerning the future growth of Tesla’s community of over 50,000 quick chargers — probably the most in depth on the earth, in response to Tesla — which might add 200 miles (320 kilometers) of vary in 1 / 4 of an hour.

The concern of inadequate charging infrastructure is likely one of the the reason why gross sales of electrical autos are progressing much less quickly than anticipated within the US and Tesla’s well-developed community was seen as key to reassuring prospects.

Within the spring of 2023, a number of rivals — Ford, Normal Motors, Rivian — entered into partnerships with Tesla in order that their autos might use its fast-charging community in Canada and america.

Just a few weeks later, seven automakers — BMW, Normal Motors, Honda, Hyundai, Kia, Mercedes-Benz, Stellantis — introduced the creation of a three way partnership to put in, from this summer time, not less than 30,000 quick chargers in North America, accessible to all electrical autos.

The reported layoffs got here shortly after Tesla reported a 55% drop in quarterly earnings to USD 1.1 billion, reflecting the decline in EV gross sales.

  • Revealed On Might 13, 2024 at 08:31 PM IST

Be part of the group of 2M+ business professionals

Subscribe to our publication to get newest insights & evaluation.

Obtain ETAuto App

  • Get Realtime updates
  • Save your favorite articles


Scan to obtain App


LEAVE A REPLY

Please enter your comment!
Please enter your name here