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Home News Indian Stock Market and Business News

Tesla installs record 4K EV supercharger stations globally

7 months ago
in Indian Stock Market and Business News
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Tesla installs record 4K EV supercharger stations globally
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San Francisco, Sep 14 (IANS) Tesla, an undisputed leader in the electric car market, has installed nearly 4,000 supercharger stations globally, growing 34 per cent year-on-year.

According to data compiled by Finbold, Tesla had 3,971 supercharger stations globally, recording a growth of 33.88 per cent from the 2,966 recorded during a similar period in 2021.

During the first three months of 2022, the Tesla stations stood at 3,724, representing a growth of 7.13 per cent from the previous quarter.

In total, during Q3 2021, the company had installed 3,254 stations globally.

Elsewhere, Tesla also witnessed a spike in the number of supercharger connectors, which stood at 36,165 during Q2 2022, representing a YoY growth of 34.44 per cent.

During the first quarter of 2022, the connectors stood at 33,657, growing 6.85 per cent from 31,498 in Q4 2021.

Tesla managed to record growth in the supercharger segment despite operating in a period marred by the economic effects emanating from the pandemic.

“Interestingly, Tesla has managed to record supercharger growth despite facing challenges mainly from the chip shortage. Notably, in recent years, charging infrastructure companies raised concerns due to chip shortage factors derailing the momentum of rolling out public charging options,” according to the Finbold report.

Overall, Tesla is likely to accelerate the installation of supercharger stations as the company adopts innovative technologies to reach more locations.

Tesla still faces rising competition as more EV makers continue unveiling new products.

–IANS

na/shb/



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