Honda and Acura leaned on General Motors’ Ultium technology to accelerate electric vehicle development, so it’s unsurprising to see the Japanese automakers following their American counterpart’s lead in some areas. GM announced that its new EVs would move to Tesla’s North American Charging Standard (NACS), and American Honda Motor Company’s CEO recently confirmed that the Japanese automaker would follow suit.
Tesla’s fortunes seem to have brightened in the last few weeks, as Ford, GM, and Rivian announced a switch to its Supercharger network and a new charging plug standard. Now it appears one of Tesla’s charging competitors is jumping on board, as ChargePoint recently announced the availability of the automaker’s NACS plugs at its locations.
While the automotive sector is habitually discussing how electric vehicle adoption will be spurred on by the country building a more robust charging infrastructure, nobody seems to be talking about how to make charging profitable enough to sustain itself. As of now, government subsidies are helping to ease the financial burden of installing EV charging stations. But their long-term viability is being undermined by the fact that most people prefer charging at home.
On Wednesday, the Biden administration announced that Tesla will begin opening up portions of its proprietary charging network to all electric vehicles by the end of 2024. While the move could undermine one of the most desirable aspects of owning a Tesla, by forcing owners to share what’s likely to be the largest and most reliable charging network in the country, the EV purveyor isn’t coming away empty-handed. The arrangement comes under a new $7.5-billion federal program to electrify the nation's highways stemming from the $1-trillion infrastructure package signed in 2021.
Over the last couple of years, there have been a series of questionnaires hoping to determine how satisfied people are with the United States EV charging infrastructure. Most have been pretty bleak, suggesting that just about everyone driving an electric car prefers to charge at home. But these surveys have also highlighted a problem with the general unreliability of public charging stations.
Based on the latest data coming from J.D. Power, the issue appears to have worsened. The outlet’s Electric Vehicle Experience Public Charging Study alleges that over 20 percent of all charging attempts failed in 2022.
A Michigan-based think tank has claimed that it now costs less to drive an internal combustion vehicle 100 miles than to charge up a comparably all-electric vehicle using home charging. Though this claim comes with a few caveats, starting with acknowledging that this only applies to “midpriced” vehicles based on the national average for fuel and electricity rates.
Volta Inc. has announced a merger agreement under which Shell USA would acquire Volta in an all-cash transaction valued at approximately $169 million (USD). The big get here is Volta’s electric-vehicle charging network that doubles as a media board that can display advertisements, public service, announcements, and whatever else Shell might want people to see.
The United States is in the midst of expanding its electric vehicle charging network to ensure there’s sufficient charging capacity for the planned deluge of EV sales. Companies are even getting government money earmarked within the so-called Inflation Reduction Act to ensure that the Biden administration’s lofty environmental goals are maintained. However, a recent report by S&P Global Mobility has suggested the U.S. is nowhere near on pace to meet projected EV demand.
Electric vehicles offer longer-range estimates and faster charging times than ever, but none of that matters if there’s nowhere to charge in the first place. General Motors hopes to improve the charging situation – at least at its dealers – in the next few years, with tens of thousands of Level 2 chargers.
We’ve all had the experience of plugging our phone in and having it display an error message with some lame excuse about why it can’t charge. Many of us have likely had a similar experience with an electric vehicle. However, the stakes are quite a bit higher when we’re talking about the electricity needed to charge an EV. A Ford F-150 Lightning owner discovered how serious charging can be when a recent trip to an Electrify America charging station went wrong.
With the Biden administration hoping to transition the United States toward all-electric vehicles, it has set a goal of commissioning the construction of a nationwide network of 500,000 EV charging stations by 2030. But saying you’re going to do something as part of a $1-trillion infrastructure plan is a lot easier than actually doing it because there are a lot of steps that have to be taken before a plan can effectively be put into action. This is called planning and it’s something the government occasionally engages in to ensure a program is successful. As such, the Biden administration is issuing a series of standards and requirements for federally funded electric vehicle charging stations.
“To support the transition to electric vehicles, we must build a national charging network that makes finding a charge as easy as filling up at a gas station,” said U.S. Transportation Secretary Pete Buttigieg. “These new ground rules will help create a network of EV chargers across the country that are convenient, affordable, reliable and accessible for all Americans.”
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- Inside Looking Out "And safety was enhanced generally via new reversing lamps and turn signals fitted as standard equipment."Did not get it, turn signals were optional in 1954?
- Lorenzo As long as Grenadier is just a name, and it doesn't actually grenade like Chrysler UltraDrive transmissions. Still, how big is the market for grossly overpriced vehicles? A name like INEOS doesn't have the snobbobile cachet yet. The bulk of the auto market is people who need a reliable, economical car to get to work, and they're not going to pay these prices.
- Lorenzo They may as well put a conventional key ignition in a steel box with a padlock. Anything electronic is more likely to lock out the owner than someone trying to steal the car.
- Lorenzo Another misleading article. If they're giving away Chargers, people can drive that when they need longer range, and leave the EV for grocery runs and zipping around town. But they're not giving away Chargers, thy're giving away chargers. What a letdown. What good are chargers in California or Nashville when the power goes out?
- Luke42 I'm only buying EVs from here on out (when I have the option), so whoever backs off on their EV plans loses a shot at my business.