TSLA - Tesla Faces New Challenger - Huawei Plans 100K Superfast EV Charging Stations in China by 2024 | Benzinga
Huawei Technologies Co is setting its sights on outpacing Tesla Inc (NASDAQ:TSLA) in the electric vehicle (EV) sector by launching an ambitious plan to install 100,000 superfast EV charging stations across China by 2024.
This move is poised to intensify competition in the auto market, potentially giving Tesla a run for its money.
Huawei looks to deploy chargers with an unprecedented 600kW power efficiency, surpassing Tesla’s 250kW superchargers available in the region, Huawei Central reports.
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The company has already initiated the marketing of these charging stations, promising availability within a 1-kilometer radius, with the first advertisements appearing in a shopping center parking lot in Shenzhen.
A significant advantage of Huawei’s chargers is their universal compatibility with all-electric vehicles, including those made by Tesla, ensuring ...