Welcome back to EV News Daily. Coming up today, Tesla denies supercharge expansion has stopped.

Chevrolet Equinox gets its EPA ratings, and Ford revises their European EV plans.

Plus, stay tuned because later in the show. I'll tell you what huge milestone Neo just hit in China.

Well, good morning, good afternoon or good evening, wherever you are in the world.

Welcome to EV News Daily, your trusted source of EV information. My name is Martin Lee, and I go through every EVE story that I can find every day

so that you don't have to. We'll start with news of Elon Musk committing to the Supercharger

expansion amidst all the controversy around the layoffs there, despite laying off nearly the

entire 500 member

Supercharger team last week, the CEO of Tesla, Elon Musk, has reassured everybody that the

company will invest over $500 million in expanding the Supercharger Network this year alone.

In a tweet on X, Elon Musk said, just to reiterate, Tesla will spend

well over $500 million, expanding our supercharger network to create thousands of new, capitalized,

new charges this year. That's just on new sites and expansions, not counting operations costs, which are much higher.

Well, the announcement comes amidst concerns raised by Tesla partners, shareholders, owners of the

vehicles, even the competitors following the sudden layoffs.

The supercharger team was responsible for the development and maintenance of Tesla's

renowned charging network. What's the one bit of

the company that Tesla did really, really well? And you'd argue, well, probably supercharging

because that's been a key competitive advantage, a moat, if you like, until Tesla decided to

open it up and make it a source of revenue, which was also a very smart thing to do and a wonderful thing to do for the EV industry because, well, the more people to get access to that supercharger network, the easier is to drive across North America. And of course, we get that over here as well. And I forget how many in the UK are opened up. but not only is it so easy to activate a charge and

the reliability is there, but you know what? It's really cost effective as well. Now, I like using

the GridServe charges. I love the InstaVoltz. Osprey, of course, are all brilliant over here.

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