To tap U.S. government billions, Tesla must unlock EV chargers
The Department of Transportation next week is expected to finalize a requirement that will pressure Tesla to expand beyond its proprietary charging equipment in the U.S. and add theOtherwise, the carmaker will be left out of the $7.5 billion in subsidies flowing out of Washington, part ofThe network is a central part of Biden's plan to tackleby converting 50% of all new U.S. vehicle sales to electric by 2030. A dearth of chargers on U.S.
As the U.S. pressure builds, there are plenty of signs that Tesla is on the brink of democratizing its network, even though Musk Federal Highway Administration , offering the Biden administration suggestions on how to shape the charging program. In Ohio, the company responded to a recent request that companies submit charging proposals, state officials told Reuters. In Arizona, the company told the state it was open to upgrading its chargers or building new ones to meet the federal requirements, although a final decision was not made. last month in Washington D.C.
Musk, for his part, said in a July 2021 earnings call that the point of Tesla's charging network was"not to create a walled garden and use that to bludgeon our competitors," but has not publicly discussed plans for U.S. market changes. The company has opened up some Superchargers in Europe and
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