TSLA390.8209.19%
GM75.770-1.12%
F11.880-0.2001%
RIVN15.020-1.38%
CYD40.000-1.21%
HMC24.090-0.25%
TM188.710-3.91%
CVNA382.600-13.2%
PAG169.840-1.68%
LAD290.9000.78%
AN210.000-2.38%
GPI353.670-3.2%
ABG203.010-0.68%
SAH76.430-2.32%
TSLA390.8209.19%
GM75.770-1.12%
F11.880-0.2001%
RIVN15.020-1.38%
CYD40.000-1.21%
HMC24.090-0.25%
TM188.710-3.91%
CVNA382.600-13.2%
PAG169.840-1.68%
LAD290.9000.78%
AN210.000-2.38%
GPI353.670-3.2%
ABG203.010-0.68%
SAH76.430-2.32%
TSLA390.8209.19%
GM75.770-1.12%
F11.880-0.2001%
RIVN15.020-1.38%
CYD40.000-1.21%
HMC24.090-0.25%
TM188.710-3.91%
CVNA382.600-13.2%
PAG169.840-1.68%
LAD290.9000.78%
AN210.000-2.38%
GPI353.670-3.2%
ABG203.010-0.68%
SAH76.430-2.32%

Tesla signs second major deal to sell its Supercharger

Unlike the BP agreement, EG Group declared that the stations would bear its own branding, "EVpoint," rather than the Tesla Supercharger name.
Tesla made a deal to sell its Supercharger under the EG Group, a central gas station, marking the second agreement of its kind.

Tesla has agreed to sell its Supercharger under the EG Group, a central gas station and convenience store operator. The deal marks the second of its kind that Tesla has made this year alone.

The EV maker startled many when it announced last month that it had signed an agreement with BP to sell them $100 million in Supercharger hardware to be deployed at BP petrol stations across the U.S. under the BP brand. It represented the first time Tesla had sold Superchargers to a third party on such a significant scale.

Unlike the BP agreement, EG Group declared that the stations would bear its own branding, “EVpoint,” rather than the Tesla Supercharger name.

All drivers will be able to access EVpoint chargers regardless of the brand of vehicle they drive because the hardware will function on an open-network basis. The chargers will also support the Plug and Charge protocol, which streamlines and automates payments. Moreover, the first new charging units are scheduled to be available before the end of the year.

Imraan Patel, Chief Strategy and Business Officer of EG Group pointed out that the organization intends to have more than 20,000 EV chargers in addition to the 600 it already has. “Our objective is to present a three-pronged plan to assist us in achieving our energy transition objectives. These are essential to our plan of assisting the global transition to a lower carbon future and include EV charging, broader carbon reduction, and support for alternate vehicle fuel sources.”

Regarding the agreement, Tesla’s Senior Director of Charging Infrastructure, Rebecca Tinucci, said: “A major area of focus for Tesla is the timely installation of dependable, user-friendly EV charging infrastructure. This is the right step towards a sustainable future. Because of this, we’re thrilled to offer EG Group and other industry leaders our fast-charging hardware for purchase.”

From the sound of things, there may be more of these deals to come.

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