Around 600 fast EV charging stations turned on in the U.S. as car makers try to woo customers

The Hindu Bureau The Hindu Bureau | 04-22 16:20

Fast electric vehicle (EV) charging stations are popping up across the U.S., with around 600 turned on in the first three months of the year, reported Bloomberg, bringing the total to around 8,200 such stations.

This equates to about one fast EV charging station for every 15 gas stations in the country, per the report.

Fast EV charging stations allow electric car owners to charge their vehicles almost fully in under an hour.

However, EV makers are contending with a drop in demand for electric cars and customers are worrying about making the switch from gas to electricity.

(For top technology news of the day, subscribe to our tech newsletter Today’s Cache)

While around 6,000 fast EV charging stations were attributed to non-Tesla companies, the Elon Musk-owned car brand was credited for around 2,000 such stations.

Tesla is currently offering price cuts of $2,000 for its Model S, X, and Y cars and is also temporarily ending its referral programme after this month.

The luxury EV-maker noted a significant drop in vehicles delivered this quarter when compared to the same period last year.

Additionally, Tesla last week recalled over 3,800 Cybertrucks to fix an issue with their accelerators that caused the pad of the device to sometimes get stuck in the pedal rim.

Some factors stopping customers from investing in EVs include their upfront cost and concerns that there are not enough charging stations for passengers to make spontaneous journeys.

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.


ALSO READ

Ola Electric responds to ARAI notice, says prices of S1 X 2 kWh scooter unchanged

Ola Electric provided an invoice dated October 6, showing a INR 5,000 discount given to customers, a...

Hyundai Motor IPO’s off to a slow start

Around 35% of the total shares in the offering are reserved for retail investors, while QIBs and NII...

Under fire, Ola Electric taps EY India to get back on track

Close to a dozen executives from EY came on-board at Ola Electric a few weeks ago on deputation for ...

Tata Motors secures 5-star BNCAP safety ratings for Nexon, Curvv, and EV models in latest crash tests

Tata Curvv.EV BNCAP testTata Motors did it again! Tata Motors has once again secured 5 star rating i...

India needs to step up manufacturing to meet Viksit Bharat goal: Volvo Grp India MD

Volvo Group India Managing Director and President, Kamal Bali. The manufacturing sector is a weak li...

Dollar pullback to help Indian rupee, weak risk appetite to weigh

Investors are now nearly certain that the U.S. Federal Reserve will deliver a 25-basis-point rate cu...