The US needs to more than double the number of EV charging stations that currently meet minimum federal funding requirements in order to make long-distance EV road trips seamless, according to a new road map and analysis from low-carbon energy startup Carbon Solutions and energy nonprofit Great Plains Institute (GPI).
EV road trips in the US
The Federal Highway Administration’s National Electric Vehicle Infrastructure (NEVI) Formula Program allocates $5 billion to the states to create a US-wide, interconnected network of DC fast chargers along the National Highway Systems.
The NEVI Formula Program is part of the $1.2 trillion Infrastructure Investment and Jobs Act signed into law by US President Joe Biden in November 2021.
There are currently 4,943 existing public fast chargers in the US that aren’t Tesla’s. And out of those non-Tesla fast chargers, there are just 509 that comply with The NEVI Formula Program.
So that means that the United States needs to add at least 1,104 additional new fast-charging EV stations to a nationwide network that can support seamless long-distance EV travel – and are NEVI compliant.
In order to be NEVI compliant, EV charging stations must include at least four ports with connectors capable of simultaneously charging four EVs at 150 kilowatts (kW) each, with a total station power capacity of 600kW or more.
They must also be located within one travel mile of a designated EV Alternative Fuel Corridor. Compliant stations must be spaced no more than 50 miles apart along a designated corridor for the corridor to be certified as NEVI-compliant.
Carbon Solutions developed a network-tracing analysis using real driving distances to measure real access to existing and proposed charging stations:
Kellen Schefter, senior director of electric transportation at the Edison Electric Institute, which represents all US investor-owned electric companies, said:
A foundational build-out of EV fast charging infrastructure is critical to providing drivers with the confidence they need to make the switch to an EV.
This road map provides the clearest view yet of the gaps in the national EV fast-charging network. We are eager to use this tool with our member electric companies, as well as with states and other stakeholders, as we work together to plan for the infrastructure needed to provide reliable and accessible EV fast charging.
The study reports that estimated equipment installation costs would be a minimum range of $794 million to $1.3 billion.
Electrek’s Take
This study is super exciting for all EV drivers. Who doesn’t want to see DC fast chargers sited 50 miles apart on EV Alternative Fuel Corridors? And the NEVI requirements are what we all want anyway – at least four chargers available at at least 150 kW each, and we want them to be reliable and easily accessible.
I have an ID.4 and a Model 3. I get from A to B, but I have to work a little harder to charge up the latter. (The Tesla Supercharger network makes charging a piece of cake on road trips.)
I recently had to leave the interstate, go two miles to a parking garage near Boston, and use my credit card to get into said garage (I wasn’t charged, but still), and had to drive in a spiral to find the 150 kW Electrify America chargers, which were in a dark corner. Give me a break.
I want to charge my ID.4 with the ease that I charge my Model 3, and then some. Knowing that there’s a fast charger available every 50 miles sounds like perfection.
And thanks to the NEVI Formula Program, the money’s there.
Here’s the map, literally, so let’s get these DC fast chargers installed asap. If you build them, they will come.
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Tesla has hired a celebrity ambassador, a departure from Elon Musk’s policy of not paying for celebrity endorsements.
Musk has often bragged about the fact that Tesla doesn’t pay for celebrity endorsements in contrast to other automakers who hire celebrity brand ambassadors to promote their cars.
Much like advertising, Musk seems to be abandoning this strategy.
Tesla announced that it hired Olympic shooter Kim Ye-ji, whose performance at the Paris Olympics this summer went viral, to be the automaker’s brand ambassador in Korea.
Kim said about her new partnership with Tesla:
I’m very excited to work with Tesla, who have recognized me. I hope to convey a positive message together with Tesla.”
Here are a few pictures released to announce her new partnership with Tesla:
Kim’s agency said that her relationship with Tesla started from CEO Elon Musk tweeting about her viral performance at the Olympics:
“The relationship between Kim Ye-ji and Tesla developed after Elon Musk mentioned her. The company said that Kim is Tesla Korea’s first brand ambassador.”
She is not only Tesla Korea’s first ambassador, but she is the first known paid celebrity ambassador for Tesla globally.
The policy change is not entirely surprising since the policy of Musk not paying celebrities to endorse Tesla’s products was often attached to the automaker’s strategy not to advertise.
Tesla sales in Korea haven’t been amazing, but the country’s auto market greatly favors domestic brands. The American automaker does fairly well for a foreign brand with the Model Y becoming the best-selling imported vehicle in Korea during the first half of 2024.
Although, it amounted to just over 10,000 units.
Electrek’s Take
It’s a change of strategy, and Elon certainly can’t claim that Tesla doesn’t pay for celebrities to endorse its products, but it is probably a smart move due to the fact that Koreans prefer domestic brands.
Kim could help create a deeper level of attachment to the Tesla brand, but I don’t really know. I’m just speculating.
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Kia just broke its October sales record as its impressive US sales run continues. After another record-breaking month, Kia said the growth is fueled by “strong demand” for its electric vehicles.
Kia sets new October sales record in the US
Kia sold 69,908 vehicles in the US last month, up 16% from its previous October sales record in 2023.
According to Kia, higher demand for its electric models is charging up sales in the US. Kia’s electrified sales (EVs, PHEVs, and HEVs) reached its highest ever in October.
All-electric vehicles (EVs) led the way, with sales surging 70% year-over-year (YOY). Plug-in hybrid (PHEV) and hybrid (HEV) sales were up 65% and 49%, respectively, from October 2023.
Kia’s first dedicated electric model, the EV6, set a new October sales record with 1,941 units sold. Through the first ten months of 2024, Kia has now sold over 17,700 EV6 models in the US. Meanwhile, its first three-row electric SUV, the EV9, continues to defy expectations.
With another 1,941 models sold last month, Kia EV9 sales reached 17,911 through October. That’s even more than the EV6 despite costing +$12,000 more.
2024 Kia EV9 GT-Line (Source: Kia)
Kia’s first US-made EV9 rolled out of its West Point, GA plant this summer. Although the EV9 is expected to qualify for the full $7,500 federal tax credit next year, Kia is matching it for now through incentives.
Next year, we will also finally see the EV9 GT, which Kia promises will have “enormous power.” Ahead of its official debut, we got our first look at the sporty electric SUV with an active spoiler last month.
2025 Kia EV9 Trim
Starting Price*
Light Standard Range
$54,900
Light Long Range
$59,900
Wind
$63,900
Land
$69,900
GT-Line
$73,900
2025 Kia EV9 price by trim (*excluding $1,325 destination fee)
Earlier this month, we learned that the 2025 EV9 will start at $54,900 (not including the destination fee), which is only $700 more than the 2024 model.
With prices dropping to potentially under $50,000, Kia’s three-row electric SUV is a steal. If you’re ready to experience the EV9 for yourself, we can help you get started. You can use our links below to view deals on Kia’s electric vehicles in your area.
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The outcome of the U.S. presidential election on Nov. 5 won’t affect oil production levels in the short- to medium term, Exxon CEO Darren Woods told CNBC on Friday.
Former President Donald Trump has called for unconstrained oil and gas production to lower energy prices and fight inflation, boiling his energy policy down to three words on the campaign trail: “Drill, baby, drill.”
“I’m not sure how drill, baby, drill translates into policy,” Woods told CNBC’s “Squawk Box” Friday after the largest U.S. oil and gas company reported third-quarter results.
Woods said U.S. shale production does not face constraints from “external restrictions.” The U.S. has produced record amounts of oil and gas during the Biden administration.
Over the past six years, the U.S. has produced more crude oil than any other nation in history, including Saudi Arabia and Russia, according to the Energy Information Administration.
Output in the U.S. is driven by the oil and gas industry deploying technology and investment to generate shareholder returns based on the break-even cost of production, the CEO said.
“Certainly we wouldn’t see a change based on a political change but more on an economic environment,” Woods said. “I don’t think there’s anybody out there that’s developing a business strategy to respond to a political agenda,” he said.
While shale production has not faced constraints on developing new acreage, there are resources in areas like the Gulf of Mexico that have not opened up due to federal permitting, the CEO said.
“That could, for the longer term, open up potential sources of supply,” Wood said. In the short- to medium term, however, unconventional shale resources are available and it’s just a matter of developing them based on market dynamics, he said.
Exxon Mobil shares in 2024.
The vast majority of shale resources in the U.S. are on private land and regulated at the state level, according to an August note from Morgan Stanley. About 25% of oil and 10% of natural gas is produced on federal land and waters subject to permitting, according to Morgan Stanley.
Vice President Kamala Harris opposed fracking during her bid for the 2020 Democratic presidential nomination. She has since reversed that position in an effort to shore up support in the crucial swing state of Pennsylvania, where the natural gas industry is important for the state’s economy.