Tesla Gets Nearly $150M In EU Funding For Supercharger Network Expansion

[Hamartia Antidote]

Tesla Gets Nearly $150M In EU Funding For Supercharger Network Expansion

Tesla will receive roughly $150 million to install and replace 7,198 charging points with an output of 250 kilowatts each at 687 locations in 22 countries.

insideevs.com

The American company is the biggest beneficiary of the European Union’s latest funding scheme.

Sep 14, 2023 at 4:1

Tesla will receive roughly $150 million (€148.7 million) from the European Union to install and replace 7,198 charging points with an output of 250 kilowatts each at 687 locations in 22 countries on the Old Continent, the European Commission announced.

In total, the Alternative Fuels Infrastructure Facility (AFIF) call for proposals saw 26 projects selected for a total EU grant support of over $377 million (€352 million), with the American EV company getting two projects approved, one submitted by Tesla Italy and one by Tesla Poland. Thus, the Elon Musk-led firm got the biggest share of the total funding available, roughly 44 percent.

The Italian subsidiary’s project aims to deploy 6,458 recharging points capable of delivering 250 kW each in 613 locations in 16 countries (Austria, Belgium, Bulgaria, Germany, Spain, Finland, France, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Romania, Slovakia, and Sweden) along the Core and Comprehensive road network.

At the same time, the Polish subsidiary will receive funding from the EU to install or replace 740 recharging points with an output of 250 kW each in six countries (Czechia, Greece, Croatia, Hungary, Poland, and Slovenia).

European Commissioner for Transport Adina Vălean, said: “The numerous applications for AFIF funding received underline the transport industry’s interest in pushing ahead with the switch to more sustainable transport – on roads, in the sky and at sea. Our investment of €352 million will translate into approximately 12,000 charging points, 18 hydrogen refueling stations, and the electrification of ports and airports, including the port of Rotterdam and 37 Spanish airports.”

This latest round of EU grants comes after the Council of the European Union adopted a new set of rules intended to make life easier for drivers of electric vehicles, mandating that from 2025 on, fast charging stations of at least 150 kW for cars and vans need to be installed every 37 miles (60 kilometers) along the Union’s main transport corridors known as the “trans-European transport (TEN-T) network.”

Furthermore, the new law says that charging stations placed along the most important roads linking major cities and nodes (known as the TEN-T core network) will have to be capable of delivering a total output of at least 400 kW by the end of 2025, with at least one stall that’s capable of at least 150 kW on its own.

Although the official documents don’t mention it, it’s likely that Tesla will install its V4 Superchargers – either at new locations or replacing older units – with the money received from the EU, as they’re capable of 250 kW and offer a contactless payment option, which is also a requirement of the new regulation.

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