The Fast Charge

The Fast Charge

Tesla eyes big UK energy expansion

The latest news from Britain's EV sector

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The Fast Charge
Jul 17, 2024
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Hello, I’m Tom Riley, and welcome back to The Fast Charge, a British EV newsletter.

Top story in today’s edition… As Tesla’s share of the EV market gets ever tighter, I detail how the company has switched focus to disrupting energy suppliers.

Elsewhere… Questions over Labour’s 2030 date, Ford electric van takes fastest time at Goodwood, and China plans to sell its leader’s car to UK drivers.

As ever, open door policy, if you have any thoughts, please do get in touch via my contact details below or reply to this email.

Tesla eyes big UK energy expansion

Summary… Elon Musk has been quietly growing his UK energy team as Tesla is poised to launch new supply services that will disrupt the status quo and enable ‘prosumers’ to benefit.

Background: Tesla has long held ambitions to enter the UK energy market as a supplier, having first registered as a generator with Ofgem in 2020. However, it’s believed, unlike in the US, the firm’s executives have been slowed down by all the ‘checks and balances’ f…

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