Tesla Motors is planning to expand its network of fast-charging stations in Europe to allow owners of its Model S electric sedan to be able to cruise across the region by the end of 2014. The EV maker based in California recently opened three fast-charging stations along highways in Germany to facilitate travel from the country to neighbors Switzerland and Austria.
That increases the number of stations in Europe to around 23. Tesla will not end there as it plans to put up more fast-charging stations across the region throughout this year.
Tesla chief executive Elon Musk said that the addition of fast-charging stations in Europe shows how important the market is for the EV maker. Tesla, which currently has at least 36 sales outlets from Sweden to Italy, is intending to open over 30 new service centers and stores in Europe, expecting a surge in sales of the Model S in the region.
Tesla is currently in the midst of a global launch, taking on an expected surge in sales this year of over 55 percent. Tesla is also planning to invest up to $5 billion to build the largest battery factory in world, which should allow the EV maker to produce less expensive cars and increase its market share.