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Re: MOONSHOT post# 111598

Friday, 06/24/2016 10:59:48 AM

Friday, June 24, 2016 10:59:48 AM

Post# of 141614
Public charging is there to relieve range anxiety. The vast majority own their own chargers or have access to chargers at work or parking complex's. Tesla owners use level 3 chargers. they have big batteries with their longer ranges. It would take 4 hours to charge one with a level two. Level 3 public charging they say isn't profitable either because of the high cost and maintenance fees. As newer models are coming out with longer ranges look for less need for public charging. Look at plugshare and type Chicago and zoom up. There are thousands of chargers out there already, mostly private. Growth in this sector is hard because the ROI on charging isn't good. That is why they were able to acquire the network for a fraction of the cost. Likewise that what they can sell it for. I think the big question here is what rises faster, the growth of the industry or the A/S.