Apr. 2 at 3:35 PM
China crossed 21M EV charging points in Feb, growing +48% y/y. The US has roughly 200K public stations & the EU has 910K
Of China’s 21M points, 16.176M are private chargers, up +54.6% year over year. These are home and workplace installations that make daily EV ownership seamless
Only 78% of charging attempts in the US fully complete, according to industry data. 1 in 5 attempts fails.
Lamborghini CEO says week that US customers describe EV charging infrastructure as “very disappointing.”
Lamborghini buyers are not price sensitive - they are convenience sensitive - and the convenience gap b/n charging & refueling remains too wide for even the least cost-constrained consumers.
Lamborghini has shelved its planned Lanzador all-electric vehicle & pivoted to plug-in hybrids exclusively thru 2030
$TSLA $EVGO $XPEV $LI $NIO