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Technology Licensing

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Tesla's Charging Network and Tech Licensing Strategy Could Boost Its Competitive Edge.
business2 years ago

Tesla's Charging Network and Tech Licensing Strategy Could Boost Its Competitive Edge.

Tesla will allow Ford and GM to access its Supercharger network starting in 2024 and is open to licensing its software and supplying powertrains and batteries. Analysts predict this could generate an additional $3 billion in revenue for Tesla's services EV revenue by 2025. The move could also help fund the expansion of Tesla's 12,000-Supercharging network and potentially offer even more services at each charging location. However, some analysts warn that Tesla owners may not love the idea of giving other EV owners access to the Supercharging Network, which could backfire against Tesla.