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GM is tripling the size of its EV fast charging network

July 31, 2020. Summarized by summa-bot.

General Motors is hoping to bolster consumer demand for electric vehicles by tripling the size of its fast charging network.

New York (CNN Business)General Motors is hoping to bolster consumer demand for electric vehicles by tripling the size of its fast charging network.

The automaker is adding more than 2,700 fast chargers over the next five years in conjunction with its EVgo partnership.

Chargers will be installed in a variety of areas across cities and suburbs, including grocery stores, retailers and other "high-traffic" locations, with the aim of letting people charge their cars while running errands, the company said in a press release.

The strategy stands in contrast to Tesla's own fast charging network, known as Supercharger, that originally focused on providing quick-charge capability along Interstate routes to facilitate long-distance drives.

But Tesla's network only charges its own vehicles, while EVgo's pumps can charge a variety of vehicles (including Tesla (TSLA) models).

EVgo already has more than 800 charging locations, with some of the new chargers launching by early 2021, the two companies announced Friday.

Barra said in a release the expansion would "bolster the public fast charging network available to EV customers ahead of increased market demand and reinforce our commitment to an all-electric, zero-emissions future. "

A new version of the Bolt EV will be launched later this year, the company recently said, and the GMC Hummer electric truck will be released next year.

GM announced in March it has created a new electric vehicle battery that offers up to 400 miles of range and will be cheaper to produce than today's batteries.

Electric cars don't need fast chargers all the time, of course.

The vast majority of the time, electric cars are charged at home or at work, using chargers that can take six to eight hours.

In addition to GM and Tesla, Volkswagen is working on a charging network in the US.

Electrify America expects to have about 500 fast chargers in the US by the end of the year.

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