Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Tesla launches fast electric car charging in Berlin, says more cities to come

Published 10/09/2020, 18:41
Updated 10/09/2020, 18:56
© Reuters. Tesla managers demonstrate V3 superchargers on German research campus in Berlin

© Reuters. Tesla managers demonstrate V3 superchargers on German research campus in Berlin

By Vera Eckert

BERLIN (Reuters) - Managers at electric carmaker Tesla Inc (O:TSLA) on Thursday demonstrated new supercharger equipment on a Berlin research campus, saying they were looking at more target cities to attract potential buyers worried about access to charging.

"Now, as part of our commitment to make Tesla ownership easy and convenient for everyone including those without immediate access to home or workplace charging, we are expanding out supercharging network into city centres," said Jeroen van Tilburg, manager Europe of charging infrastructure at Tesla.

A company spokesman told reporters Tesla would open at least one more inner-city fast charging site in Germany in 2020, possibly more.

He stressed that Tesla still believed in slow workplace and residential charging as the main way to charge vehicles but wanted to offer a quicker option.

The so-called V3 charger allows Tesla Model 3 cars to charge within five minutes enough to travel 120 kilometres (75 miles).

Older Tesla models would receive relevant software upgrades.

German policymakers aim to boost demand for electric cars to cut emissions.

"We have a lot to make up for in terms of charging infrastructure," said Germany's Economy Minister Peter Altmaier at the event.

He reiterated pledges to speed the roll-out of public charging points and permits for private charging which had hampered sales in the past.

Latest legislation for a green-led recovery after the coronavirus crisis offers buyers incentives and helps bump up power grids.

Tesla has chosen a site near Berlin for a new factory due to start operating next year.

© Reuters. Tesla managers demonstrate V3 superchargers on German research campus in Berlin

Separately to the event, the Frankfurter Allgemeine Zeitung newspaper said on Thursday the factory had the potential to create 40,000 jobs, citing the economy minister of Brandenburg state.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.