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BMW and Volkswagen Plan to Cooperate in Charging Stations — Implications For Tesla Motors

(Matthias Schrader/AP Photo)
(Matthias Schrader/AP Photo)

 

(eFinance Hub) – Germany is a leader in alternative energy sources that are clean, green and renewable. No wonder BMW and Volkswagen are committed to their hybrid vehicles. Tesla Motors Inc. should take notice of the BMW and Volkswagen collaboration. The German carmakers might given even stronger competition to Tesla than the Japanese carmakers.

To counter the shortage of charging stations, Tesla has installed more than 300 of its Supercharger stations in the United States and in other countries where Tesla cars are sold. Now the Germans are setting up their fast charging stations in the U.S. to take care of the problem of charging the battery in EVs and hybrid vehicles.

A BMW and Volkswagen collaboration with ChargePoint Inc. will lead to 100 charging stations along Interstate 95 between Boston and DC and along routes on the West Coast covering San Francisco, Los Angeles and San Diego in California and Portland, Oregon.

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