Tesla to double Supercharger network in the US as it opens it to non-Tesla EVs, White House says
Tesla and the White House announced that they reached a deal for the former to open its Supercharger network to non-Tesla EVs in the US. The automaker also confirmed plans to double its number of chargers in the US.
Over the last year, Tesla has been working to open its Supercharger network to non-Tesla electric vehicles.
In Europe, Tesla has already opened hundreds of stations in most countries it operates in. The automaker indicated that it planned to do the same by the end of 2022 in North America, but we are now in 2023 and Tesla has yet to do it.
We knew it would be a bit more complicated in North America since, unlike in Europe where Tesla uses the standard CCS connector that is on all electric vehicles there, here, it uses its own proprietary connector, which makes opening the Supercharger to non-Tesla EVs more difficult.
When the automaker decided to open-source its proprietary connector in an attempt to make it the new North American standard last year, it cast some doubts about Tesla’s plan to open the network.
But we have since learned that Tesla has a solution to onboard EVs with CCS connectors on the Supercharger network with something called the Magic Dock, which is basically an integrated CCS adapter on Supercharger stalls.
With this in place, it’s unclear why Tesla had yet to open the Supercharger network to non-Tesla EVs in the US yet.
We know that Tesla has a strong incentive to do so since a requirement to get access to the $7.5 billion in funding for EV charging infrastructure that the federal government announced is that the chargers work for EVs from more than one automaker.
Today, the White House released its official guidance for this program and as part of the announcement, it confirmed that Tesla has agreed to open the Supercharger network in the US by the end of 2024.
Furthermore, Tesla plans to “more than double” its Supercharger network in the US.
Here’s the official announcement coming from the White House:
Tesla, for the first time, will open a portion of its U.S. Supercharger and Destination Charger network to non-Tesla EVs, making at least 7,500 chargers available for all EVs by the end of 2024. The open chargers will be distributed across the United States. They will include at least 3,500 new and existing 250 kW Superchargers along highway corridors to expand freedom of travel for all EVs, and Level 2 Destination Charging at locations like hotels and restaurants in urban and rural locations. All EV drivers will be able to access these stations using the Tesla app or website. Additionally, Tesla will more than double its full nationwide network of Superchargers, manufactured in Buffalo, New York.
The announcement comes just days after Tesla CEO Elon Musk met with Biden administration officials regarding EV charging infrastructure.
The White House didn’t disclose how much funding Tesla will receive as part of the program.
The Supercharger network is widely considered the best DC fast-charging network in the US, and Tesla currently owns about 60% of the EV market in the US.
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Tesla’s Q2 results are in, and they are way, way down from Q2 of 2024. At the same time, Nissan seems to be in serious trouble and the first-ever all-electric Dodge muscle car is getting recalled because its dumb engine noises are the wrong kind of dumb engine noises. All this and more on today’s deeply troubled episode of Quick Charge!
We’ve also got an awesome article from Micah Toll about a hitherto unexplored genre of electric lawn equipment, a $440 million mining equipment deal, and a list of incompetent, corrupt, and stupid politicians who voted away their constituents’ futures to line their pockets.
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OpenAI is distancing itself from Robinhood‘s latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe.
“These ‘OpenAI tokens’ are not OpenAI equity,” OpenAI wrote on X. “We did not partner with Robinhood, were not involved in this, and do not endorse it.”
The company said that “any transfer of OpenAI equity requires our approval — we did not approve any transfer,” and warned users to “please be careful.”
Robinhood announced the launch Monday from Cannes, France, as part of a broader product showcase focused on tokenized equities, staking, and a new blockchain infrastructure play. The company’s stock surged above $100 to hit a new all-time high following the news.
“These tokens give retail investors indirect exposure to private markets, opening up access, and are enabled by Robinhood’s ownership stake in a special purpose vehicle,” a Robinhood spokesperson said in response to the OpenAI post.
Robinhood offered 5 euros worth of OpenAI and SpaceX tokens to eligible EU users who signed up to trade stock tokens by July 7. The assets are issued under the EU’s looser investor restrictions via Robinhood’s crypto platform.
“This is about expanding access,” said Johann Kerbrat, Robinhood’s SVP and GM of crypto. “The goal with tokenization is to let anyone participate in this economy.”
The episode highlights the dynamic between crypto platforms seeking to democratize access to financial products and the companies whose names and equity are being represented on-chain
U.S. users cannot access these tokens due to regulatory restrictions.
Despite the warnings, BYD continues introducing new discounts. On Wednesday, BYD’s luxury off-road brand began offering over 50% Huawei’s smart driving tech.
BYD introduces new discounts on smart driving tech
After BYD cut prices again in May, the China Automobile Manufacturers Association (CAMA) warned that the ultra-low prices are “triggering a new round of price war panic.”
Although they didn’t single out BYD, it was pretty obvious. BYD slashed prices across 22 of its vehicles by up to 34%, triggering several automakers to follow suit in China.
BYD’s cheapest EV, the Seagull, typically starts at about $10,000 (66,800 yuan). After the price cuts, the Seagull is listed at under $8,000 (55,800 yuan).
It doesn’t look like China’s EV leader plans to slow down anytime soon. Fang Cheng Bao, BYD’s luxury off-road brand, introduced new discounts on Huawei’s smart driving tech on Wednesday.
The limited-time offer cuts the price of Huawei’s Qiankun Intelligent Driving High-end Function Package to just 12,000 yuan ($1,700).
Buyers who order the smart driving tech in July will save over 50% compared to its typical price of 32,000 yuan ($4,500).
Earlier this year, Fang Chang Bao launched the Tai 3, its most affordable vehicle, starting at 139,800 yuan ($19,300). The Tai 3 is about the size of the Tesla Model Y, but costs about half as much.
The Tai 3 will spearhead a new sub-brand of electric SUVs following the more premium Bao 8 and Bao 5 hybrid SUVs.
BYD’s luxury off-road brand sold 18,903 vehicles last month, up 50% from May and 605% compared to last year. Fang Cheng Bao has now sold over 10,000 vehicles for three consecutive months.
The Chinese EV giant sold 382,585 vehicles in total in June, an increase of 12% from last year. In the first half of the year, BYD’s cumulative sales reached over 2.1 million, a YOY increase of 33%.
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