Hi and welcome back to the Elon Musk podcast.
Today, we dove into a milestone moment for Tesla in the EV
industry at large. As we discussed Tesla's, recent
string of Victories turning the tide for it's charging
technology. Texas is taken a groundbreaking
initiative by requiring electric vehicle charging companies to
incorporate test and standard alongside the nationally
recognized CS. This move.
Signifies a powerful endorsement of Elon musk's vision of a
national charging standard. Nerd and sends a strong signal
to other states and federal entities.
This episode will unpack these exciting developments including
the growing acceptance of Tesla's North American charging
standard by Major, automakers and states in the potential that
holds to redefine the landscape of EV charging in the United
States tune in as we navigate these electrifying changes in
the EV Market. But before we get into that,
please take a second and listen to the message from our sponsors
on Tuesday of this. This week Tesla turn the tide in
favor of it's charging technology with a series of
pivotal victories. It culminated with the
announcement from Texas. The new home for Tesla's, Texas
headquarters and car manufacturing complex declaring
its mandate to incorporate Tesla's charging standard
alongside the nationally recognized combined charging
system. The ccs and the state level
decision is a significant nod to Elon musk's dream of making
Tesla's charging technology a nationwide.
And ered now news agency, Reuters was the first to break
the news that Revision in electric pickup truck
manufacturer, and BTC power, a renowned charger, maker were
endorsing Tesla's standard. This support follow the earlier
Decisions by Automotive Giants, General Motors and Ford to
incorporate Tesla's charging technology.
Defying the Biden ministrations. Drive to make the CCS a dominant
charging standard of the United States.
Now Texas, the backdrop for Tesla sprawling, new Factory and
corporate headquarters is the first state to mandate test this
charging technology. The move significantly bolsters
musk's ambitious vision of his charging standard gaining
National Acceptance. Now the Texas Department of
Transportation said to them email on Tuesday, the decision
by Ford GM. And now rivi and to adopt any
CSS change requirements for Phase 1.
The statement was referring to the rollout.
That would necessitate the direct Current fast Chargers to
have one CCs in one nacs connector.
Now, Lou Cox Director of Business Development at md7
affirm that aids in the deployment of chargers predicts.
The Tesla's and Texas has decision could heavily influence
other states to adopt Tesla's nacs.
The Pines, it'll effectively make and nacs the new charging
standard. He said, it'll effectively make
nacs the new charging standard. Now, the US Department of
Transportation had earlier, stated that charging companies
need to provide the ccs to qualify for up to 7.5 billion
dollars in federal funding this significant financial aid, aims
to establish new high-speed Chargers along 7,500 miles of
the nation's busiest highways and reacting to the rapid
evolution of the industry. The Federal Highway
Administration, acknowledge the significance of the changing
landscape. They said our technical experts
are having active conversations, With automakers charge your
manufacturers and standard-setting bodies to
ensure Federal investment continues to support a reliable
convenient and user-friendly charging experience for all
drivers. Now, that was from the Federal
Highway Administration and is pertinent to note, the federal
funding is routed via the states, which have the power to
modify their own guidelines. As long as they comply with the
minimum federal standards and the initial round of funding is
expected to be awarded by States throughout the remaining Out of
the year and in the wake of these announcements, by Ford and
GM. Leading us charging companies
including charge point in E-Z-Go, disclose their plans to
incorporate the same standard to their us Chargers.
Meanwhile, several States like California Iowa and Michigan are
carefully, observing the shifts in the changing Market.
Furthermore, at least one other state is mulling over awarding
extra points to applicants, if they include Tesla's charging
points in the proposals, This Landmark decision brought
sheared a Tesla shareholders with the company shares Rising
by 1.2 percent in extended trading, after closing up by
five point, three percent on Tuesday.
Now, as everybody knows, Tesla boasts, approximately 2,000
supercharger stations and more than 21,000 supercharger stalls
in the United States. This vast network of charging
infrastructure accounts for about 60% of this fast charging
plugs. Is operational in the country in
another huge significant endorsement.
Washington state has followed Tesla's lead and mandating test
has North American charging standard.
Thereby adding momentum to musk's Vision GM for driven have
stated their acceptance of Tess's.
Any Cs and they've resisted Biden Administration ccs.
And now, the states are acting in favor of Tesla and expressing
her satisfaction with the developments Tanya bull.
Alternative fuels program manager at Washington State's
Department of Transportation stated.
I'm actually really happy about nacs and how finally, automakers
are gearing towards one standard.
We want to provide access to as many makes and models as
possible now despite and ACS still needing to undergo testing
and certification for other auto manufacturers Boule affirmed.
Washington State's commitment to requiring nacs at its state
funded in federally funded sites in the future.
ER, the state plans to initiate the request for proposal process
in the fall and elaborating out of the decision, will said it's
about future proofing. The state's Investments,
Washington State officials are in the process of determining,
the right mix of nacs chargers adhering to current federal
requirements at Washington's plan, May exert, additional
pressure on other states and the federal government to adopt
Tesla's, nacs, further strengthening the positioning of
Tesla's, charging standard in the All EV Market, I want to say
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