Date
23 March 2017
Tesla plans on producing the Model 3 electric car, which starts at US$35,000, in the second half of 2017. Photo: Reuters
Tesla plans on producing the Model 3 electric car, which starts at US$35,000, in the second half of 2017. Photo: Reuters

Tesla owners will have to pay for supercharger access

Tesla Motors Inc. will charge buyers of its lower-cost Model 3 electric car for use of its fast-charging Supercharger system, the Wall Street Journal reports.

Chief executive Elon Musk told shareholders on Tuesday the company would return to the old policy to make the vehicle’s economics work.

When Tesla started selling the Model S sedan in 2012, buyers of its 60-kilowatt-hour and 40-kwh battery packs had to pay US$2,500 to access the Superchargers, the newspaper said.

The model, however, was discontinued amid low demand.

The fast-charging network, which Tesla valued at US$166.6 million in 2015, allows customers to recharge the large battery on the car in under an hour, compared with the 10 hours needed to recharge a battery using a non-Tesla 240-volt charger commonly found in cities and parking areas, the Journal said.

Tesla plans on producing the Model 3 electric car, which starts at US$35,000, in the second half of 2017.

– Contact us at english@hkej.com

RA/CG

EJI Weekly Newsletter

Please click here to unsubscribe