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Local Investing Opportunities Network – How Tesla, GM And Others Will Fix Electric Vehicle Range Anxiety

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The popularity and success of Tesla has proven there is demand for electric cars. Automakers are investing millions into an electric powered future. Last year, 143 new EV’s launched around the globe. Analysts predict record growth of EV sales in 2021, especially in Europe and China. But in the US, electric vehicles are less than 2% of autos sold annually. Several hurdles remain for the market to really take off and one of the biggest, is charging. CNBC explores the current state of electric charging and how automakers like Tesla, GM and companies like Chargepoint and Electrify America are adding charging infrastructure to increase electric vehicle adoption.

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How Tesla, GM And Others Will Fix Electric Vehicle Range Anxiety

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35 Comments

  1. David Wood
    July 31, 2021 at 5:30 pm

    When all the charge up station are being used. You may have to wait an extra 3 hours to change your car .

  2. David Wood
    July 31, 2021 at 5:30 pm

    The problem is how long to change up , my gas car up in 4 minutes I don’t want to take 3 hrs to change . If we both drive from Massachusetts to Florida my gas car will be there 3 days before you .

  3. SoulEpitome AlFa
    July 31, 2021 at 5:30 pm

    Don't depend on a u.s government to support green plans once a conservative administration take over.

  4. Francisco Toro
    July 31, 2021 at 5:30 pm

    Ever wonder why car manufacturers do not offer standard packaging for electric car batteries to avoid long recharge on extended trips? It would resolve the charging issue immediately. Look at it this way. You run out of propane for the BBQ. You can either go to a selected location to have it refilled or you go to your local store and for a fee, you swap it for a full one. Now imagine service stations on the highway, they have a stash of charged standard batteries. Your charge is low, you simply swap the batteries for fresh ones and off you go. Yours get recharged and re used. Simple, quick and economical. Imagine you have a spare set at home that you buy along with a lift tool to move them around. Simple and economical for travel.

  5. Ben proffitt
    July 31, 2021 at 5:30 pm

    Who the hell wants to wait so long to get charged? This is the major problem. I'll stick with fossil fuel. I dont want to sit so long at a charging station and dang if you have to wait in line, your screwed then.

  6. deathvalleyalex
    July 31, 2021 at 5:30 pm

    In the rush to force electric vehicles on everyone . A glaring oversight remains unmentioned there are already too many homes and businesses air-conditioning systems for the electrical grid to addiquitly supply , the result of which are rolling black outs . Now we are going to add millions of charging station in people's garages and then millions of public charging stations for those electric vehicles . The sunlight only shines occurs during the day and the wind rarely blows at night . Does anyone else see the dilemma . Wind and solar power won't fill the shortfall .

  7. fpeletz
    July 31, 2021 at 5:30 pm

    I just saw on you tube how a place in Utah has terminated the super charger at their location due to LACK OF PAYMENT (rent )from Tesla.

  8. Alex Gray
    July 31, 2021 at 5:30 pm

    All traditional car manufactures have taken the same strategy car manufacturers employed from the start of the industry. That is to consider the energy network and the required roads as an externality. They are all, except for Tesla, expecting to continue the same strategy. That is why the US will never again lead the automobile industry or its market.

  9. Daniel T.
    July 31, 2021 at 5:30 pm

    I definitely have charging anxiety I don’t want to be stranded with a perfectly running EV without a place to charge

  10. George Cupac
    July 31, 2021 at 5:30 pm

    It takes me less than 2 minutes to fill my 60L tank and my V8 has a longer range. So good luck 😂😂😂.

  11. richard blaski
    July 31, 2021 at 5:30 pm

    Just curious. Was my garage counted in the number of charging stations?
    And how many of those gas pumps were in car owner garages?
    For most EV owners, there will be a charger in their garage for everyday use. As for Tesla, there are enough charging stations to allow road trips to almost anywhere in the US (and there are more being built to account for the small areas that still need them). I have driven from NV to WI as well as CA and the GPS planned where to stop to recharge. The other EV manufacturers mostly depend on independent providers for road trip support.
    BTW, even my grandkids figured out how to plug in the charging cable.

  12. Jolyon Welsh
    July 31, 2021 at 5:30 pm

    Or if you could steal power off the high leg of a four wire delta system.

  13. Dhaval Prajapati
    July 31, 2021 at 5:30 pm

    Before Indian EV industry Manufacture thousand of Car in india, Govt. Need to make some criteria like " One chargind POD "
    & Govt. Must forced to all Prtrol pump to provide Fast Charge facility too…

  14. Dieter Zerressen
    July 31, 2021 at 5:30 pm

    What? I've seen that dork "Auto Reporter" from CNBC be wrong before. This time he says something about "when the price is (even) with gas or even lower". That's just ignorant, wrong, misleading, lying – you pick. Charging via electricity is ALWAYS lower than gasoline – usually 1/2 in the worst circumstances. Charging at home off-peak is about 1/8th the cost of gasoline. What a jerk. Yes, YOU, Michael Wayland are a moron.

  15. Jim Wool
    July 31, 2021 at 5:30 pm

    1830's Electric Vehicles? Bibliography?

  16. Yufeng yan
    July 31, 2021 at 5:30 pm

    Lol.

  17. Ronin
    July 31, 2021 at 5:30 pm

    Won't buy an EV unless the electricity used was produced in a clean way.

  18. Oskar Pineno
    July 31, 2021 at 5:30 pm

    I drove from Long Island, NY, to Grand Canyon and Yellowstone, then back home… in my Model 3. No range anxiety at all… I think this debate was solved years ago.

  19. Murph.tv
    July 31, 2021 at 5:30 pm

    There should be a law mandating for chargers at every had station. That's how you solve this problem.

  20. georgesbv1
    July 31, 2021 at 5:30 pm

    and still, if there are a limited number of charging points and you go around laughing with your mates or using the charge point as a parking lot nearby the office – they cannot make money out of you not using it to full potential.

  21. Nosey Girl
    July 31, 2021 at 5:30 pm

    Probably, many people do not realize that most of that electricity they use to charge car batteries is made by burning same fossil fuel as is burning in traditional cars. So, it is reasonable to ask about gas mileage of electric cars. Now, in an old car there is just car engine between gas and mileage. In electric car we have power plant, transmission lines, car battery, and the motor in that chain of energy conversion from fuel calories to car motion. I would like to hear from the 'experts' about resulting gas mileage, but I bet that it is no better than half of that of a regular car.

  22. Nathan C
    July 31, 2021 at 5:30 pm

    My biggest concern is long distance travel… if I wanted to travel from Illinois to Arizona, it would take me a while longer and I would be stuck near my EV car charging in a parking lot instead of doing vacation stuff.

  23. Tall Dave
    July 31, 2021 at 5:30 pm

    We also need education about “range” where most of the public fears about it are unfounded! Bigger battery is not the answer for most drivers. My friend who has a Mechanical Engineering PHD told me that he would only consider EVs when they get at least 400 miles range!! I had to surprise him that it would take him an entire day to fully charge at home for that size battery with a typical Level 2 charger!

  24. Jackson the Meme Warrior
    July 31, 2021 at 5:30 pm

    Europe and especially China are not just incentivizing EV sales (you don’t even need a license to drive certain EV’s in China) but they are also making it harder and harder to buy a new ICE car. Like for example; you can’t drive to certain places in a gas car in china. It’s also partly that Americans have a big road trip culture rather than in Europe, where public transport is way more popular and more effective. What we really need to do is give access to Level 1 and 2 charging in residential properties and areas, and fast changing along the highway. Then slowly make it harder and harder to buy or make ICE cars.

  25. Anthony Stephens
    July 31, 2021 at 5:30 pm

    if I can't goat least 500 miles and you can't charge it full in under 5 minutes you can count me out

  26. Igor_21 Bunzer
    July 31, 2021 at 5:30 pm

    Better make some powerplants to make the electric needed to charge these things first

  27. Bill Davenport
    July 31, 2021 at 5:30 pm

    republicans are fighting this by charging more for plates i say kick out all republicans

  28. Bill Davenport
    July 31, 2021 at 5:30 pm

    solid state batteries

  29. Bill Davenport
    July 31, 2021 at 5:30 pm

    faster charging is the key

  30. John R
    July 31, 2021 at 5:30 pm

    Convert every gas station to charging stations.

  31. nik maknojia
    July 31, 2021 at 5:30 pm

    This companies can create as many ev stations as they want but you know what their true challenge is? Time during a work hours, time is the most important thing. It takes less than 5 minutes for me to get in my local gas station to get whatever I want and fill up my car which gives me a minimum of 400 miles of range. Until a EV can match that or beat that, I got no interest in buying one..

  32. Roddy Creswell
    July 31, 2021 at 5:30 pm

    It's a pain in the ass keeping my phone charged, do I want to deal with that with my car too? At least if I forget charge my phone I can still make it to work the next day.

  33. Roddy Creswell
    July 31, 2021 at 5:30 pm

    Battery powered cars will never be as convenient as gas cars.

  34. smith wesson
    July 31, 2021 at 5:30 pm

    Until a solar flare….Than you'll be walking again!! 🤣🤣🤣🤣

  35. Jai
    July 31, 2021 at 5:30 pm

    Tesla Forever 🚀