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Tesla Secures €149 Million EU Funding to Supercharge Europe's Green Transport Revolution - Tesery Official Store
Tesla News

Tesla Secures €149 Million EU Funding to Supercharge Europe's Green Transport Revolution

by Lucky LI on Sep 14, 2023

In a groundbreaking move, Tesla has just hit the jackpot, securing a substantial €149 million in funding from the European Union to supercharge its Supercharger network expansion across Europe. This financial boost is set to drive Tesla's commitment to sustainable transport to new heights.

EU Green Deal Sparks the Initiative

This impressive infusion of funds is part of the European Union's ambitious plan to amplify sustainability initiatives across Europe, spurred by the EU Green Deal. The EU has pledged a staggering €352 million for 26 infrastructure projects under the Connecting Europe Facility (CEF). These projects have the potential to revolutionize the way we power our vehicles and shape the future of transportation.

Tesla's Double Win

In this grand scheme of things, Tesla emerges as a double winner, securing funding for not one but two Supercharger projects. The first falls under the umbrella of Tesla Italy, while the second is attributed to Tesla Poland, amassing an impressive total of €148,720,000 (approximately $149,836,671).

Expanding Boundaries

While the projects were applied for through Tesla's subsidiaries in these countries, their impact will stretch far beyond national borders. Take, for instance, the project applied for by Tesla Italy, which raked in €133,780,000. This initiative aims to establish 6,458 recharging points (250 kW) for LDV in 16 countries across the Core and Comprehensive Network. It's not just about new recharging stations; it's also about replacing outdated ones that no longer meet the requirements of recharging capacity and open accessibility. In essence, Tesla is poised to give its Superchargers a significant upgrade, potentially adopting the recently launched V4 technology.

A New Era for Supercharging

The language used in these projects' descriptions suggests that Tesla is keen on replacing older Supercharger infrastructure with the cutting-edge V4 technology. The emphasis on "open-accessibility" points to a significant shift. Tesla's V4 Supercharger, introduced earlier this year in Europe, is designed to cater to all electric vehicles, not just Tesla's own. It even features longer charging cables to enhance accessibility for non-Tesla EVs.

Beyond Charging

Tesla isn't stopping at just charging. Their European Superchargers are evolving to offer more than ever before. The recent introduction of the first V4 stall in the United Kingdom marked a milestone, featuring contactless payment options. This is just the beginning of a new era in green transportation.

The future of sustainable transport in Europe is undoubtedly electrifying, with Tesla at the forefront, poised to transform the Supercharging landscape across the continent. Stay tuned for more updates as Tesla accelerates toward a greener and more accessible transportation future! 

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