Full Stop, How Many EV Chargers Does It Take?, EV Updates, Guest Host Todd Caputo

The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier

Welcome to a wild Wednesday as a full ground stop of all flights in the US is upon us. We also answer the question of how many EV chargers to we really need by 2030, as well as a few quick hit updates across the wild world of electrification.

• All US Flights were grounded this morning as the FAA ordered all fights to be stopped due to a failure of the NOTAM system which alerts pilots and crew to safety advisories and other information for flights
  • Over 21k flights and 2.9M seats
  • US says there is no evidence of a cyberattack
• How many EV chargers will it take to keep things rolling in the year 2030? That’s the question a new report from S&P Global Mobility tries to answer.
  • There are currently about 160k chargers: 17k Tesla Superchargers, 126k Level 2, 10k level 3
  • 1.9m EVs on the road and 2022 EV sales accounted for 5.4%
  • Estimating a 40% adoption by 2030 the US will need to quadruple the number of chargers by 2025 and more than 8x by 2030, this takes home charging into account
    • 1.2 million Level 2 chargers and 109,000 Level 3 chargers by 2027
    • BY 2030 28.3 million EVs on US roads, around 2.13 million Level 2 and 172,000 Level 3 public chargers will be required, in addition to home EV chargers
• While were talking about EVs, here is a quick overview of the wild world of electrification
  • According to a WSJ exclusive, several more Rivian top executives have recently left the company including its vice president overseeing body engineering, Randy Frank who came over from Ford, and its head of supply chain, Steve Gawronski. Both were longer tenured execs
    • Late last year, Patrick Hunt, a senior director in the strategy team, left the company. He had been with them since 2015
  • Tesla has filed to begin a $775M expansion at its new Austin Gigafactory which cost $5.5B to build.
    • including a cell test lab and a unit named "Cathode", according to the company's filings on the Texas state department of licensing's website
    • The company will host their ‘investor day’ at the TX site on March 1

Hosts: Paul J Daly and Kyle Mountsier
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