Tesla to monopolise the EV Charging Industry?

Tesla $7.5 billion federal program to monopolise the EV Charging Industry Tesla could become the universal filling station of the EV era – at the risk of eroding a competitive edge for vehicles made by the company. Tesla will open part of its U.S. charging network to EVs made by rivals as part of a $7.5 billion federal program to electrify the nation’s highways to cut carbon emissions, the Biden administration said on Wednesday. By the end of next year, Tesla will open 3,500 new and existing superchargers along highway corridors, as well as 4,000 slower chargers at locations like hotels and restaurants, to non-Tesla customers, the administration said. A White House official said at a briefing that Tesla would be eligible for a subsidy – including retrofitting its existing fleet – as long as its chargers would allow other vehicles with a federally backed charging standard called CCS to charge. Tesla and CEO Elon Musk did not respond to requests for confirmation and comment. #evcharging #evcharginginfrastructure #emobility