On June 28, the Biden administration announced it had secured a $700 million commitment from private sector companies to help “make EV charging more affordable and accessible.” The White House claims the “record-breaking” investment will also create more than 2,000 “good-paying” jobs and result in a quarter of a million chargers being added each year.
Tesla’s contribution to the scheme is centered around its New York-based Gigafactory. The plant, which is located in Buffalo, New York, currently produces the company’s Supercharger stations. Elon Musk’s electric car manufacturer intends to produce more of these stations, each of which is capable of charging vehicles up to 250 kW, and add them to its network. Tesla’s biggest contribution to the project is its commitment to producing new equipment that will allow non-Tesla drivers to juice up their vehicles with Tesla’s superchargers. According to Tesla, its V3 250 kW chargers are fast enough to provide around 1,000 miles of range in an hour, and 75 miles of range in five minutes.
The list of other companies committed to the plan includes Siemens, ABB E-mobility, Chargepoint, Flo, and Tritium. Electrify America, which has more than 750 charging stations spread across the continental United States, also made some major commitments. It announced the construction of “up to 10,000 ultra-fast chargers at 1,800 charging stations” across the U.S., which is more than the number of fast-charging stations currently available. The project is being funded by Siemens and The Volkswagen Group, which have pledged $450 million between them. In addition to its work with Electrify America, Siemens is also working on building a million EV chargers across the States during the next four years. As part of the project, the German company has already invested more than “$250 million in the U.S. in the past six months.”
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