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Volkswagen partners with bp for EV fast charging rollout in Europe

Bernard Looney and Herbert Diess launching the first bp / Aral flexpole fast charger. (Credit: Volkswagen)

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Volkswagen will partner with bp to launch a strategic partnership to roll out up to 4,000 fast-charging electric vehicle charge points in Germany and the United Kingdom within the next two years.

The first charger was unveiled in Dusseldorf, Germany on Thursday, which will be the first of perhaps 8,000 total charging points across Germany, the UK, and other European countries by 2024. Initially, the Dusseldorf fast charger is now live and is the first of at least 4,000.

The partnership will utilize Volkswagen’s Flexpole 150kW charging units, which each offer two charge points and have an integrated battery system, which enables a high-powered grid connection to make fast charging possible. The Flexpole units can be connected to a low voltage grid, which removes the need for a dedicated substation and costly and time-consuming construction projects. The Flexpole chargers can provide up to 160 kilometers, or roughly 100 miles of driving range in as little as 10 minutes, depending on the vehicle.

Phase One of the rollout will see an additional 4,000 total charge points at bp’s Aral retail sites in Germany and bp retail sites in the United Kingdom over the next 24 months, Volkswagen said. Up to 8,000 total fast-charging points could be available by the end of 2024, but there are no guarantees to the supplemental 4,000 locations, it seems. However, bp is “rapidly expanding its EV charging network, including at its extensive and conveniently located network of retail sites,” it said. EV drivers are able to charge in safe, well-lit stations that have food and drinks and other convenience features.

“Volkswagen has been pioneering the transformation to e-mobility across Europe,” Volkswagen CEO Herbert Diess said. “Today, we have the broadest offer of electric cars in the market and sold more EVs in the region than any other carmaker last year. Investing in everything from software, to batteries and charging is part of our strategy to make individual mobility safer, more convenient, and fully climate-neutral. The decarbonization of Europe’s economy requires close collaboration across borders and sectors. We’re pleased to team up with bp to accelerate the rollout of the fast-charging network across Europe.”

Volkswagen’s electric vehicle sales soar in Q1, led comfortably by ID.4

The Volkswagen-bp charging locations will be integrated into the navigation systems of Volkswagen, seat, and ŠKODA vehicles, and also into Volkswagen’s charging application, Elli.

Volkswagen’s Power Day outlined a need for more EV charging infrastructure in Europe, and plans to launch at least 18,000 new charge points in Europe with several different partners by 2025. Volkswagen also wants to install at least 17,000 charging points in China by the end of 2025.

“As we promised at our Power Day, we are driving the expansion of charging infrastructure in Europe at high speed,” Thomas Schmall, Member of the Board of Management of Volkswagen AG, said. “Together with bp, we will bring thousands of fast-charging stations to life within a very short time. Rapid expansion of the charging network is crucial now. To make that happen, our pioneering flexible, fast chargers offer a perfect solution, since the time and costs required for installation are minimal.”

The VW Flexpole chargers are produced in Suzhou, China, and Hanover, Germany. They can be installed almost anywhere needed or where a charging infrastructure is not yet in place. When connected to the low voltage grid, the station becomes a permanent charging point without the additional cost and effort required for a comparable conventional fast-charging station,” Volkswagen said.

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Cybertruck

Tesla analyst claims another vehicle, not Model S and X, should be discontinued

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Credit: Tesla

Tesla analyst Gary Black of The Future Fund claims that the company is making a big mistake getting rid of the Model S and Model X. Instead, he believes another vehicle within the company’s lineup should be discontinued: the Cybertruck.

Black divested The Future Fund from all Tesla holdings last year, but he still covers the stock as an analyst as it falls in the technology and autonomy sectors, which he covers.

In a new comment on Thursday, Black said the Cybertruck should be the vehicle Tesla gets rid of due to the negatives it has drawn to the company.

The Cybertruck is also selling in an underwhelming fashion considering the production capacity Tesla has set aside for it. It’s worth noting it is still the best-selling electric pickup on the market, and it has outlasted other EV truck projects as other manufacturers are receding their efforts.

Black said:

IMHO it’s a mistake to keep Tesla Cybertruck which has negative brand equity and sold 10,000 units last year, and discontinue S/X which have strong repeat brand loyalty and together sold 30K units and are highly profitable. Why not discontinue CT and covert S/X to be fully autonomous?”

On Wednesday, CEO Elon Musk confirmed that Tesla planned to transition Model S and Model X production lines at the Fremont Factory to handle manufacturing efforts of the Optimus Gen 3 robot.

Musk said that it was time to wind down the S and X programs “with an honorable discharge,” also noting that the two cars are not major contributors to Tesla’s mission any longer, as its automotive division is more focused on autonomy, which will be handled by Model 3, Model Y, and Cybercab.

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Tesla begins Cybertruck deliveries in a new region for the first time

The news has drawn conflicting perspectives, with many Tesla fans upset about the decision, especially as it ends the production of the largest car in the company’s lineup. Tesla’s focus is on smaller ride-sharing vehicles, especially as the vast majority of rides consist of two or fewer passengers.

The S and X do not fit in these plans.

Nevertheless, the Cybertruck fits in Tesla’s future plans. Musk said the pickup will be needed for the transportation of local goods. Musk also said Cybertruck would be transitioned to an autonomous line.

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Elon Musk

SpaceX reportedly discussing merger with xAI ahead of blockbuster IPO

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Credit: SpaceX/X

In a groundbreaking new report from Reuters, SpaceX is reportedly discussing merger possibilities with xAI ahead of the space exploration company’s plans to IPO later this year, in what would be a blockbuster move.

The outlet said it would combine rockets and Starlink satellites, as well as the X social media platform and AI project Grok under one roof. The report cites “a person briefed on the matter and two recent company filings seen by Reuters.”

Musk, nor SpaceX or xAI, have commented on the report, so, as of now, it is unconfirmed.

With that being said, the proposed merger would bring shares of xAI in exchange for shares of SpaceX. Both companies were registered in Nevada to expedite the transaction, according to the report.

Tesla announces massive investment into xAI

On January 21, both entities were registered in Nevada. The report continues:

“One of them, a limited liability company, lists SpaceX ​and Bret Johnsen, the company’s chief financial officer, as managing members, while the other lists Johnsen as the company’s only officer, the filings show.”

The source also stated that some xAI executives could be given the option to receive cash in lieu of SpaceX stock. No agreement has been reached, nothing has been signed, and the timing and structure, as well as other important details, have not been finalized.

SpaceX is valued at $800 billion and is the most valuable privately held company, while xAI is valued at $230 billion as of November. SpaceX could be going public later this year, as Musk has said as recently as December that the company would offer its stock publicly.

SpaceX IPO is coming, CEO Elon Musk confirms

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The plans could help move along plans for large-scale data centers in space, something Musk has discussed on several occasions over the past few months.

At the World Economic Forum last week, Musk said:

“It’s a no-brainer for building solar-powered AI data centers in space, because as I mentioned, it’s also very cold in space. The net effect is that the lowest cost place to put AI will be space and that will be true within two to three years, three at the latest.”

He also said on X that “the most important thing in the next 3-4 years is data centers in space.”

If the report is true and the two companies end up coming together, it would not be the first time Musk’s companies have ended up coming together. He used Tesla stock to purchase SolarCity back in 2016. Last year, X became part of xAI in a share swap.

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Elon Musk

Tesla hits major milestone with Full Self-Driving subscriptions

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Credit: Ashok Elluswamy/X

Tesla has announced it has hit a major milestone with Full Self-Driving subscriptions, shortly after it said it would exclusively offer the suite without the option to purchase it outright.

Tesla announced on Wednesday during its Q4 Earnings Call for 2025 that it had officially eclipsed the one million subscription mark for its Full Self-Driving suite. This represented a 38 percent increase year-over-year.

This is up from the roughly 800,000 active subscriptions it reported last year. The company has seen significant increases in FSD adoption over the past few years, as in 2021, it reported just 400,000. In 2022, it was up to 500,000 and, one year later, it had eclipsed 600,000.

In mid-January, CEO Elon Musk announced that the company would transition away from giving the option to purchase the Full Self-Driving suite outright, opting for the subscription program exclusively.

Musk said on X:

“Tesla will stop selling FSD after Feb 14. FSD will only be available as a monthly subscription thereafter.”

The move intends to streamline the Full Self-Driving purchase option, and gives Tesla more control over its revenue, and closes off the ability to buy it outright for a bargain when Musk has said its value could be close to $100,000 when it reaches full autonomy.

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It also caters to Musk’s newest compensation package. One tranche requires Tesla to achieve 10 million active FSD subscriptions, and now that it has reached one million, it is already seeing some growth.

The strategy that Tesla will use to achieve this lofty goal is still under wraps. The most ideal solution would be to offer a less expensive version of the suite, which is not likely considering the company is increasing its capabilities, and it is becoming more robust.

Tesla is shifting FSD to a subscription-only model, confirms Elon Musk

Currently, Tesla’s FSD subscription price is $99 per month, but Musk said this price will increase, which seems counterintuitive to its goal of increasing the take rate. With that being said, it will be interesting to see what Tesla does to navigate growth while offering a robust FSD suite.

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