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Factbox: CCS? CHAdeMO? EV charger terms you need to know
  + stars: | 2023-02-10 | by ( ) www.reuters.com   time to read: +3 min
Here are the terms and acronyms you need to know to understand the booming EV charger market. LEVEL UPEV chargers are classified in three categories: Level 1, Level 2 and DC fast chargers. CCS AND CHAdeMOThere are three types of DC fast charging systems - Tesla, SAE Combined Charging System (CCS) and CHAdeMO, which all use different plugs. THE U.S. NETWORKThe United States currently has a total of 50,821 public EV charging stations and 130,563 charging ports, DOE data showed. Chargers are distributed very unevenly across the country, with California accounting for nearly 30% of the total charging stations in the country.
The California-based company unveiled in January its Launch Edition solar vehicle, its first model that will hit customer driveways. Aptera Launch Edition vehicle. Aptera Launch Edition vehicle. Aptera Launch Edition vehicle. Aptera Launch Edition vehicle.
Charging needs to quadruple by 2025 and grow eight-fold by 2030 to accommodate EVs. Specifically, the US needs to quadruple its charging infrastructure by 2025, and grow it more than eight times by 2030, according to a new report out of S&P Global Mobility. Automakers are betting their futures on available chargingA lack of charging infrastructure is a problem, as nearly every major automaker is buying into electrification with billions in new technology, models, and manufacturing. That's despite the fact that a majority of EV charging can be done at home — if an EV owner has access to a garage and plug. That could change with more and more momentum from the Biden Administration, which is targeting a national network of 500,000 public charging stations by 2030 and has slated $7.5 billion toward charging build-out.
Mercedes announced at CES this week its plans to launch a "high-power" EV charging network. The announcement is an effort to replicate Tesla's Supercharger advantage. The Supercharger network has long set Tesla apart from any competition, and largely still does. This week at CES in Las Vegas, Mercedes announced it is launching its own version of Tesla's Supercharger network. GM, meanwhile, is establishing an "Ultium Charge 360" charging network in North America.
South Korea's antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla for failing to tell its customers about the shorter driving range of its electric vehicles in low temperatures. The Korea Fair Trade Commission said that Tesla had exaggerated the "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers" on its official local website since August 2019 until recently. The driving range of the U.S. EV manufacturer's cars plunge in cold weather by up to 50.5% versus how they are advertised online, the KFTC said in a statement on Tuesday. Tesla could not be immediately reached for comment. On its website, Tesla provides winter driving tips, such as pre-conditioning vehicles with external power sources, and using its updated Energy app to monitor energy consumption, but does not mention the loss of driving range in sub-zero temperatures.
South Korea's antitrust regulator said it's fining Tesla $2.2 million for false advertising. The regulators said Tesla had exaggerated the driving range of electric vehicles in cold weather. Tesla's electric vehicle's driving range plummets by over 50% in cold weather, South Korea's regulator said. The driving range of Tesla's electric vehicles drops by 50.5% in cold weather, more than what was advertised online, the KFTC said. Tesla has winter driving tips on its website advising drivers to precondition their vehicles and to use its energy app.
And we've walked potential electric car buyers through some of the technologies that could make charging their car much, much easier. Read more about the state of electric car charging below. How EV charging fits in your lifestyleAs prospective EV-buyers consider going electric, the charging experience is weighed heavily. Big Oil is getting in on electric cars by snapping up EV charging companies. Biden administration announces rules to make electric car charging less crappyChallengesRange anxiety is largely a thing of the past.
"Elon Musk is doing Elon Musk things," Canaccord's George Gianarikas wrote. Shares in electric vehicle maker Tesla slid by around 9% in mid-day trading on Thursday as analysts grow increasingly uncertain of the company's outlook. The price cuts on Tesla's Model 3 sedan and Model Y crossover are seen as a sign of weakening demand. Buyers of Tesla, and other electric vehicles made in the U.S., will likely qualify for a $7,500 incentive starting in January stemming from Biden's Inflation Reduction Act. Musk took Twitter private in a $44 billion deal that closed at the end of October, selling off around $23 billion in Tesla shares to finance the deal.
There are two main things to know about EV charging: charger types and connector types. These slightly faster chargers – averaging about 25 miles of range per hour – can also be installed in your home. Depending on the size of your battery, a DC fast charger can replenish an empty battery to about 80% in a half hour. Tesla's Superchargers, which only work on Tesla vehicles because of the proprietary connector, are DC fast chargers. But non-Teslas can also plug into a DC fast charger that is not owned by Tesla.
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