It's cheaper and more powerful than most of the systems out there.
Tesla recently announced its all-new J1772 Wall Connector, which can be yours for $550, not including installation.
According to the famous American EV maker, its new wall connector is a convenient charging solution for Tesla and non-Tesla products. The non-Tesla part is critical because its standard wall charger for Tesla-only models is $150 cheaper.
The J1772 Wall Connector is being sold as ideal for houses, apartments, hospitality properties, and workplaces. It can provide up to 44 miles of range per hour and is sold as standard with one 24-foot cable and multiple power settings. The Wall Connector can be mounted indoors or outdoors and can power-share to maximize the electrical capacity available.
In short, you can now buy a Tesla Wall Connector to charge a Hyundai Ioniq 5 at home, which is a product not offered by the South Korean company at the moment.
The J1772 Wall Connector is compatible with most EVs on sale in North America, though oddly not with Tesla. Tesla owners need an SAE J1772 Charging Adapter to use this particular charger, which is included as standard with every Tesla purchase. The EV giant sold non-Tesla home chargers once before, but the option disappeared within weeks. Let's hope it sticks around longer this time.
Tesla hopes to make gains in the private and commercial real estate segments, indicating that it has noticed growth among other EV manufacturers. Other than opening the Supercharger network to all EVs in the Netherlands, France, and Norway, this is Tesla's first big step toward making its impressive charging technology available to the masses.
There's no doubt the Supercharger network is a massive trump card for Tesla. Other charging networks like Electrify America have made great strides, but Tesla remains a dominant force when it comes to filling up with electrons.
Why the sudden change of heart? Firstly, it's a good publicity stunt. What better way to show that you really care about widespread EV adoption than making your proprietary technology available to the masses?
Secondly, other EV manufacturers are catching up. We've long said that Tesla will remain a dominant force until legacy manufacturers reach acceptable range levels, and that change came much faster than expected. The previously mentioned award-winning Ioniq 5 is a prime example and the best EV on sale, all things considered.
Q3 sales reports also suggest that Tesla sales are slowing down while sales from other manufacturers like Ford are increasing. Slowly but surely.
But that doesn't mean Tesla will lose money. It still has a massive network, which is set to expand in the coming months. Opening the Supercharger network will make heaps of cash for Tesla, especially if the government is paying to erect said stations.
In addition to the existing Supercharger network, there's a good chance Tesla will dominate the home charging segment. Most home chargers are supplied via third-party companies, and none of them have the same brand cachet as Tesla.
Interestingly, Tesla is also undercutting Ford's home charging system, which retails for $799. Ford's Connected Charge Station can only add 28 miles of range per hour, 16 miles an hour less than the J1772 Wall Connector is capable of.
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