Tesla Signs Deal With China Unicom on Charging Points
Tesla signed an agreement today with China United Network Communications Corp. to build 400 charging points in 120 Chinese cities at China Unicom (762) outlets, Tesla spokeswoman Peggy Yang said today in a phone interview. The two companies will also build 20 supercharging stations that work as much as 16 times faster, she said.
It was previously thought that TSLA would have extreme difficulty providing charging for its car buyers in China. Now they stand to be the largest (or one of the largest) provider(s) of charging in the nation. Funny how that works. China will want to have the best , fastest charging capability. TSLA has the patented technology to provide that, others don't.
No one has more of a reason to expedite transition to EV than China. The next thing to watch out for there is going to be the solar market. That electricity has to come from somewhere, and if you are not distributing stored energy in the form of gasoline, and power generation in the form of ICEs, then you are going to either need massive fossil fuel-powered generators (consolidating the power generation), or distributed solar collectors and BATTERIES.