Tesla boosts charging network to keep pace with Model 3 rollout

By BLOOMBERG

SYDNEY • Tesla Inc is updating its charging network to halve typical waiting times as the company’s Model 3 fleet grows larger and rivals like Porsche AG ready their own powerful infrastructure.

After doubling power at Tesla’s stations and vehicles preheating batteries ahead of arriving at a plug, charging times will drop to around 15 minutes, the electric-car leader said on its blog. The rollout of the V3 Supercharging network will take until the end of the year and allow twice as many cars each day to charge.

The first V3 Supercharger site that’s not a test version will break ground next month. After rolling out in North America, the technology will reach Europe and the Asia-Pacific region in the fourth quarter, the company said.

The push will take Tesla’s network to delivering 250kW, up from 120kW as more fast-charging infrastructure is built. Tesla faces a wave of competition with incumbent carmakers readying their line-ups of electric vehicles. They’re also getting on the front foot in charging. Ionity GmbH, a consortium of Volkswagen AG (VW), Mercedes Benz-maker Daimler AG, Ford Motor Co and BMW AG, will have 400 station across Europe’s major highways with 350kW capacity by the middle of next year.

VW is helming a similar effort in the US and VW brand Porsche, starting sales of the electric Taycan later this year, is separately adding 350kW chargers to its dealerships in the US and Europe ahead of a broader electric rollout. — Bloomberg