Tesla will make a part of its charging network in the US available to charging other Electric Vehicle (EV) brands, meaning that a minimum of 7,500 chargers can be used by non-Tesla vehicles by the end of 2024 all across the US. From those, 3,500 would be new and existing Superchargers that are positioned on highways, in addition to 4,000 chargers with lower capacity, located near restaurants and hotels. This will include Tesla’s 250 kW Superchargers, as well as the Destination Chargers. Furthermore, Tesla will double the superchargers network across the US, which are manufactured in Buffalo, New York. The charging stations will be accessible to all clients via the Tesla app or website.
According to the plan, Tesla will join other EV charging companies, and this milestone will provide a step further towards developing the 500,000 EV charger network across US highways and places where EV sales will reach 50% of new car sales by 2030. Tesla currently owns 17,711 Superchargers (corresponding to 60% of all US fast chargers) and around 10,000 Destination Chargers.
Owners of other EV brands would require a different plug and payment method. However, in order to qualify for federal funding, EV charging companies must use a universal payment method.
Other companies such as the car rental giant Hertz and BP are also planning to invest in a national EV charging network, as Hertz aims to have an EV share of 25% in its fleet by 2024. On the other hand, BP plans to invest $1 billion in EV charging networks by 2030 in the US alone. Furthermore, companies such as Evgo, Inc. and ChargePoint Holdings, Inc. are rising their share in the EV charging market.
The 2021 Bipartisan Infrastructure Law designates $7.5 billion for EV charging, $10 billion for clean transport, and $7 billion in battery components for EVs. As said by the White House, 130,000 public chargers are operational across the US, which are used by over 3 million EVs.