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Tesla has filed plans to build a mega Supercharger station in Florida, with a total of 200 stalls. This builds on a filing made in February this year, that showed Tesla’s plans to establish a Supercharging station in California with 164 stalls. These large-scale charging stations give a glimpse into the future of how Tesla possibly wants to evolve its charging network.
Two new large-scale charging hubs
The California hub, located in Kern County, will be made up of 164 Supercharging stalls, with a further 16 pull-through chargers (chargers with extended reach). These chargers will be covered in solar canopies, forming a microgrid. This microgrid capability will help Tesla in reducing the OPEX of the site. The completion date for this hub has not been released yet.
The Florida Hub, to be situated at Yeehaw Junction, central Florida, will be made up of 160 Supercharging stalls and a further 40 standalone stalls, eight of which will be pull-through chargers. However, this site will not be equipped with a solar canopy but will be accompanied by four Tesla Megapacks, offering 15.6MWh of storage, helping reduce the OPEX. This hub is still in the planning phases and doesn’t have an expected operational date yet.
Rho’s Evaluation, Tesla continues to be a driving force in the North American charging sector
Tesla holds a 22% network share of the overall charging network and 58% of the fast-charging market in North America, with this expected to grow steadily. This makes it the second largest charge point operator (CPO) in North America, second only to ChargePoint. Profitability as a CPO is challenging, with low utilisation rates, and charger downtime both challenging issues to address. However, Tesla is well positioned. It has the advantage of a diverse business model, the lion’s share of the North American EV market as well as its charging technology being adopted as the North American Charging Standard. In addition to this, Tesla’s chargers are reportedly more reliable and easier to use than others. Whilst other CPOs are struggling, Tesla is going from strength to strength.
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