Tesla Significantly Increased The Price Of Charging In Europe Has Approached The Price Of Oil

As the energy crisis facing Europe continues to worsen, Tesla has once again significantly increased its charging prices in Europe.

This makes the charging cost of electric vehicles in Europe has been very close to the fuel car refueling cost, the low-cost advantage of electric vehicles for daily use is gradually disappearing.

Significantly increase the price of superchargers in Europe

On Monday, local time, Tesla sent an email to European owners warning them that the Supercharger network will again increase prices significantly.

In the email, Tesla blamed the price increase on rising "energy prices" in Europe: "We are adjusting charging prices across Europe due to rising energy prices."

One of the biggest advantages of electric vehicles lies in their much lower cost of daily use than fuel-fired cars, as electricity is usually much cheaper than gasoline.

However, as the cost of gasoline and electricity in Europe has been soaring so far this year due to European sanctions on Russian oil and gas following the outbreak of the Russia-Ukraine conflict, the cost advantage of using an electric car has been gradually shrinking.

In the past, the cost of a full charge with a Tesla Supercharger was hardly more than $5 or $10. But by now, the cost of charging with a Supercharger in many parts of Europe has reached $0.50 per kilowatt hour, meaning that a full charge can cost as much as $30.

Each charging station in Europe has a different price, but according to industry website Electrek's rough statistics, after Tesla's new round of price increases, European charging prices have risen by an average of 0.12 euros per kilowatt hour, and the vast majority of charging stations will have Supercharger prices higher than 0.60 euros per kilowatt hour, which translates into an increase of more than 20 percent.

The rising cost of electric vehicle charging in Europe

Although the price of gasoline in Europe has risen significantly this year, and thus in the vast majority of Europe, the cost of charging a tram is still lower than a fuel car with gasoline, but its price advantage is already very weak.

It should also be noted that Tesla's adjusted charging prices only apply to Superchargers, which represent a small fraction of the total charging costs for most electric car drivers in Europe, since most charging takes place at home.

However, European household electricity costs have also been climbing since this year, and the cost pressure it puts on European EV drivers is feared to be no less.

One of the biggest advantages of electric cars remains that they cost far less to operate than fuel cars. But with the price of Superchargers rising, who knows how long this tangible benefit will last for boosting demand for electric cars.

About Author
John Murphy

John Murphy is the founder of TOPCARS Tesla Aftermarket Accessories, as well as an investor in Tesla and owner of the Model Y. He posts about Tesla news while running the site on a daily basis.

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