TESLA SAID TO APPLY FOR STATE GRANT MONEY TO ADAPT SUPERCHARGER NETWORK TO OTHER EVS

Tesla Inc (NASDAQ:TSLA) has reportedly began to use for presidency grants to safe funding to adapt its Supercharger stations to help electrical automobiles from different producers. The automaker had beforehand introduced plans to open its charging stations to different EV manufacturers, though it has been shifting slowly with the rollout, which is presently restricted to Europe.

Tesla Seeks Grant Monies To Adapt Superchargers

Citing “latest regulatory filings and different paperwork,” The Wall Street Journal reported that Tesla has begun making use of for the billions of {dollars} in grant cash supplied by the federal authorities to broaden the nation’s EV charging infrastructure. To ensure that these charging stations to be eligible for the grant cash, they should be suitable with electrical automobiles from a number of producers.

The Journal reported on solely two funding functions from Tesla, the primary of which has been beforehand reported on. Tesla utilized for funding from the Volkswagen “Dieselgate” settlement to broaden its Supercharger community in Texas. Nevertheless, it didn’t safe any funding by way of that utility.

Tesla additionally utilized to construct some new Superchargers in California, which might even be state grant cash. In accordance with The Wall Avenue Journal, Tesla is anticipated to obtain funding from the State of California for 17 totally different websites, together with Barstow, Baker, Coalinga and Willows.

These funds would help development on public charging stations. If authorised, the funding would come from the California Power Fee. The company expects to approve the funding on the October assembly of its 5 commissioners.

What About The Federal Program?

Whereas Tesla has began shifting on securing authorities grant cash from states, there’s been nothing in regards to the automaker making use of for federal grant cash. U.S. lawmakers authorised a $7.5 billion infrastructure invoice, which incorporates cash for EV charging stations. Nevertheless, the funding from that invoice just isn’t anticipated to be handed out till the tip of the 12 months.

Tesla has lengthy restricted its Supercharger stations to drivers of its personal automobiles, but it surely not too long ago adopted Europe’s CCS requirements for EV chargers. Moreover, Electrek famous that Tesla’s Superchargers in Europe have been already outfitted with CCS connectors, so it is smart that Tesla would broaden its charging community to incorporate electrical automobiles from different producers.

After equipping its Superchargers in Europe with CCS connectors, the one factor Tesla needed to do was replace the software program to help non-Tesla automobiles. Consequently, it was a lot simpler for the automaker to adapt its Supercharging stations in Europe to help different automobiles.

Nevertheless, in North America, Tesla makes use of a proprietary connector for each its Superchargers and its automobiles. This retains non-Tesla drivers from with the ability to use its charging community whereas additionally stopping Tesla drivers from utilizing different networks for quick charging with out shopping for a CHAdeMO or CCS adapter.

It’s unclear how Tesla will adapt its Supercharger stations within the U.S. to help different automobiles, however CEO Elon Musk had beforehand advised that they might have an adapter on the stations for non-Tesla drivers to make use of. Earlier this 12 months, he advised they might add CCS connectors to their stations.

Printed First on ValueWalk. Read Here.

Characteristic Picture Credit score: Picture by Craig Adderley; Pexels; Thanks!