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Tesla has reduced Supercharging prices in many regions as its charging business starts to mature a little.

One of the biggest advantages of electric vehicles remains that their cost of operations is much lower than vehicles with internal combustion engines, thanks to electricity generally being much cheaper than gas.

However, the cost of both gas and electricity has been skyrocketing over the last year, especially in Europe because of the war in Ukraine and restrictions on Russian oil and gas.

It used to be difficult to pay more than $5 or $10 for a full charge at a Tesla Supercharger.

After several price increases throughout the last year, now many Supercharger stations are charging $0.50 per kWh, which can result in a cost of $30 to charge 60 kWh.

Earlier this year, we reported Tesla announcing a major Supercharger price hike in Europe – mainly because of the energy crisis, and later in North America, especially in California.

But what goes up must go down.

Many Tesla owners across several markets have been reporting over the last few days that Tesla has reduced prices at their local stations.

There’s no way to track Supercharger pricing globally, but Tesla owners can see prices at stations around them through the navigation system inside their vehicles.

A Tesla owner in California reported that local prices are down by as much as 5 cents per kWh:

Some price drops in Europe are even more significant with prices going down by as much as $0.10 per kWh.

Tesla’s charging business is maturing

Charging stations are slaves to the electric utility rates and they undeniably influence prices more than anything else, but the charging business as a whole is also evolving.

It’s only about 10 years old and only now the volume of electric vehicles on the road is starting to be high enough that the business is maturing.

When it comes to Tesla, the automaker has been making a lot of moves to adapt lately, like expanding time of use rates to match high traffic times. Of course, it is also slowly opening the Supercharger network up to non-Tesla EV, which is turning the network into a real business rather than just a feature to help sell Tesla vehicles.

Tesla Supercharger network recently reached 40,000 chargers globally.

It is now starting to morph into its final form: a sustainable (both ecologically and financially) global fast-charging network that enables long-distance travel in electric vehicles.

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California-based startup unveils 58 MPH electric jet ski on hydrofoils

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California-based startup unveils 58 MPH electric jet ski on hydrofoils

It’s an exciting time for personal watercraft enthusiasts that want to swap a roaring engine for the instantaneous (and silent) power of electric motors. The latest electric jet ski making a splash is the Valo Hyperfoil.

Technically speaking, it’s not actually a jet ski, nor is it making that much of a splash. “Jet Ski” is a brand name owned by Kawasaki, and the Valo Hyperfoil isn’t really making a splash because it’s actually flying above the waves on hydrofoils.

But whatever you call it and whichever hydro-based pun you shoehorn into an electric watercraft article, the Valo Hyperfoil is certainly an impressive machine.

Unveiled today by California-based startup Boundary Layer Technologies, the Valo Hyperfoil is one of the most advanced personal electric watercraft we’ve ever seen.

Not only is it quite powerful, packing in a 108 hp (80 kW) motor, but it can reach a maximum speed of 50 knots (58 mph or 93 km/h).

And it will do so while flying a full 2 feet (60 cm) above the surface of the water.

As founder and CEO of Boundary Layer Technologies Ed Kearny explained in a statement provided to Electrek:

“Valo will be a complete revolution to personal watercraft. The first Jetski was on the market 50 years ago this year, and it’s time for a major upgrade. Valo will be fast, agile, and tremendously exhilarating, all while being near silent and leaving zero wake. It will be like flying a stunt plane but on water. We see this a completely new form of water based mobility”

The secret to the flying nature of the Valo is its hydrofoils, which function like a set of airplane wings under water.

They lift the watercraft out of the dense water, helping it to save energy by flying through the air. That makes the ride smoother, faster and more efficient. It also means that the Valo can get by with fewer of those heavy and expensive batteries.

The company has spent the last four years developing hydrofoil technology for commercial purposes, such as passenger ferries and container ships. Now the company is hoping to apply that technology to the recreational market with a personal electric watercraft.

As Kearny continued:

“We are passionate about bringing foiling technology and its huge benefits to ships big and small. We simply shifted from ‘big first’, to ‘fast first’.  What we love about Valo is how fast we can get to market. We are bringing all the technology we were developing for massive container ships and ferries and using it to deliver one hell of a recreational product.”

Hydrofoiling boats have been made famous by the Swedish company Candela, who is already building and delivering electric speedboats with impressive hydrofoiling performance. The company is also working on passenger ferries and water taxis for commercial use, but hasn’t shown off a personal electric watercraft like the Valo.

Other companies like Taiga have leveraged their electric snowmobile technology to demonstrate personal electric watercraft. But their planing hulls will have a hard time matching the efficiency of hydrofoils like those displayed on the Valo.

Boundary Layer Technologies expects to have a small number of limited edition Founders Edition Valos by the summer of 2023 Full production vehicles aren’t expected to hit the water before 2024. The anticipated price for the production vehicles is $59,000, though we don’t yet know what price tag those first run Founders Edition vehicles will carry.

Until then, we can at least look at these pretty renders.

valo jet skit

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Quick Charge Podcast: November 30, 2022

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Quick Charge Podcast: November 30, 2022

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available.

Stories we discuss in this episode (with links):

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Drop us a line at tips@electrek.co. You can also rate us in Apple Podcasts or recommend us in Overcast to help more people discover the show!

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Hitachi Energy debuts wireless grid tech that prevents wildfires

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Hitachi Energy debuts wireless grid tech that prevents wildfires

Hitachi Energy just launched wireless Spark Prevention Unit indicators that help prevent wildfires by enabling remote monitoring.

According to the US Department of Energy, approximately 10% of wildfire ignitions are sparked by faults on electrical infrastructure or electric equipment failure. Hitachi Energy’s new Wireless SPU Indicators allow utilities to monitor the grid remotely, in real time, with automated visual inspection rounds.

The SPU monitors the current and thermal load of surge arresters – which protect equipment from surges in the power system – installed in wildfire risk areas.

If there’s a thermal overload in the grid, the SPU interrupts the current flow and disconnects the surge arrester, thus preventing any arcing – which is when a circuit becomes overloaded and overheats – sparking, or ejection of hot particles that could potentially start a wildfire.

Hitachi Energy’s new Wireless SPU Indicator

A visual indicator on the SPU lets the utility field crew know that it needs to be replaced. Hundreds of thousands of SPUs installed in some of the world’s most wildfire-prone areas, such as in the United States and Australia, have had a real impact in preventing wildfires. Being able to monitor them remotely is only going to improve wildfire prevention.

Read more: How the US can achieve resilient power grids and support EV deployment

Photo: Pok Rie on Pexels.com


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Michelle Lewis

Michelle Lewis is a writer and editor on Electrek and an editor on DroneDJ, 9to5Mac, and 9to5Google. She lives in White River Junction, Vermont. She has previously worked for Fast Company, the Guardian, News Deeply, Time, and others. Message Michelle on Twitter or at michelle@9to5mac.com. Check out her personal blog.


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