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VW has invested $2 billion in Electrify America [1]. With every manufacturer accelerating their EV rollouts, there will soon be more CCS EVSEs than supercharge

VW has invested $2 billion in Electrify America [1]. With every manufacturer accelerating their EV rollouts, there will soon be more CCS EVSEs than superchargers. This move isn't about giving non-Teslas access to superchargers, it's about giving Teslas access to what very soon will be the majority of EVSEs. It also about tax incentives: the government isn't going to support a proprietary standard. [1] https://www.electrifyamerica.com/our-plan/ https://www.electrifyamerica.com/our-plan/

toomuchtodo 5y ago
VW did not invest that money. That was the penalty they had to pay from Dieselgate [1]. The network is now seeking $1 billion in capital investment [2]. DC fast charging isn't profitable due to utility demand charges (for drawing 100-300kw on demand), so networks like EA will likely eventually fail being unable to obtain capital financing [3]. Tesla runs Superchargers as a cost center, and only needs them to break even, as their business is selling vehicles. TLDR Tesla sells an ecosystem. They are the Apple of EVs. [1] https://www.cnbc.com/2019/05/10/vws-2-billion-penalty-for-diesel-scam-builds-ev-charging-network-across-us.html https://www.cnbc.com/2019/05/10/vws-2-billion-penalty-for-di... [2] https://electrek.co/2021/07/07/electrify-america-rumored-billion-partner/ https://electrek.co/2021/07/07/electrify-america-rumored-bil... [3] https://www.utilitydive.com/news/nearly-all-high-voltage-ev-charging-stations-lose-money-report/561026/ https://www.utilitydive.com/news/nearly-all-high-voltage-ev-...
- p_j_w 5y ago
  >They are the Apple of EVs. Right down to the atrocious repair policies.
  - toomuchtodo 5y ago
    Say what you will, the products command a premium, and both Apple and Tesla have valuations based off of brand value and consumer demand. Consumers can vote with their wallets, and they have.

toomuchtodo 5y ago

VW did not invest that money. That was the penalty they had to pay from Dieselgate [1]. The network is now seeking $1 billion in capital investment [2]. DC fast charging isn't profitable due to utility demand charges (for drawing 100-300kw on demand), so networks like EA will likely eventually fail being unable to obtain capital financing [3]. Tesla runs Superchargers as a cost center, and only needs them to break even, as their business is selling vehicles. TLDR Tesla sells an ecosystem. They are the Apple of EVs. [1] https://www.cnbc.com/2019/05/10/vws-2-billion-penalty-for-diesel-scam-builds-ev-charging-network-across-us.html https://www.cnbc.com/2019/05/10/vws-2-billion-penalty-for-di... [2] https://electrek.co/2021/07/07/electrify-america-rumored-billion-partner/ https://electrek.co/2021/07/07/electrify-america-rumored-bil... [3] https://www.utilitydive.com/news/nearly-all-high-voltage-ev-charging-stations-lose-money-report/561026/ https://www.utilitydive.com/news/nearly-all-high-voltage-ev-...

p_j_w 5y ago
>They are the Apple of EVs. Right down to the atrocious repair policies.
- toomuchtodo 5y ago
  Say what you will, the products command a premium, and both Apple and Tesla have valuations based off of brand value and consumer demand. Consumers can vote with their wallets, and they have.