Tesla Dominates EV Charging Infrastructure, Rivals Lag Behind
Tesla’s extensive electric vehicle charging infrastructure continues to outpace its competitors, with the company installing a record number of new chargers in the United States in Q3.
According to a report from Paren, Tesla installed 1,820 new chargers in the US during the third quarter, bringing its total number of charging stalls to 34,328. This represents an all-time market share of 53.2% of all charging stalls in the country.
In contrast, nine other EV charging networks – including ChargePoint, Red E, Electrify America, EV Connect, EVgo, Ionna, Blink, Pilot Flying J, and Rivian Adventure – collectively installed just 841 new chargers during the same period. This is nearly 1,000 units behind Tesla’s total, despite being a combined effort from multiple companies.
The nine rival networks have a total of 10,055 charging stalls, accounting for just 15.6% of the chargers in the United States.
The dominance of Tesla’s Supercharger Network is a crucial aspect of the EV ownership experience, particularly as the company has opened its network to other EV brands in recent years. However, the lack of competition in the space is concerning, with no single company making a significant effort to catch up to Tesla’s infrastructure.
As EV adoption continues to grow in the US, the need for more charging infrastructure becomes increasingly important. While many owners charge their vehicles at home, public charging options are essential for traveling, commuting, and for those without access to residential charging.
The disparity in EV charging infrastructure is likely to continue, with Tesla maintaining its competitive advantage for years to come. Nevertheless, it would be beneficial to see more competition in the space to drive innovation and improvement.
