Tesla cuts supercharger prices as charging business matures

Tesla has cut supercharging prices in many regions as its charging business matures a bit.

One of the biggest advantages of electric vehicles remains that their running costs are much lower than internal combustion engine vehicles, since electricity is generally much cheaper than gas.

However, gas and electricity costs have skyrocketed in the last year, particularly in Europe due to the war in Ukraine and restrictions on Russian oil and gas.

It used to be difficult to pay more than $5 or $10 for a full charge on a Tesla Supercharger.

After several price increases over the past year, many Supercharger stations are now charging $0.50 per kWh, which can result in a cost of $30 for charging 60 kWh.

Earlier this year, we reported that Tesla announced a big price increase for superchargers in Europe – mainly because of the energy crisis and later in North America, specifically California.

But what goes up must also go down.

Many Tesla owners in several markets have reported over the past few days that Tesla has reduced prices at their local stations.

There’s no way to track Supercharger prices worldwide, but Tesla owners can see prices at stations near them using their vehicle’s navigation system.

A Tesla owner in California reported that local prices have dropped by as much as 5 cents per kWh:

Some price declines in Europe are even more significant, with prices falling by as much as $0.10 per kWh.

Tesla’s charging business matures

Charging stations are slaves to electricity tariffs and undeniably affect prices more than anything else, but the charging business as a whole is evolving too.

It’s only about 10 years old and only now the volume of EVs on the road is starting to be so high that the business is maturing.

When it comes to Tesla, the automaker has recently taken many steps to adapt, such as extending its useful life to accommodate busy traffic times. Of course, it’s slowly opening up the Supercharger network to non-Tesla EVs as well, making the network a real business and not just a feature to help sell Tesla vehicles.

The Tesla Supercharger network recently reached 40,000 chargers worldwide.

It is now taking its final form: a sustainable (both ecologically and financially) global fast-charging network that will enable long-distance EV journeys.

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