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Starbucks getting into the EV industry · Elon Musk Podcast

• 0:01
  Hey everybody, welcome back to the Elon Musk Podcast.
• 0:05
  This is a show where we discuss the critical Crossroads, the
• 0:08
  Shape, SpaceX, Tesla X, The Boring Company, and Neuralink.
• 0:13
  I'm your host, Will Walden, an unlikely company to get into the
• 0:19
  electric vehicle sector. Starbucks is introducing
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  charging stations at select US locations in collaboration with
• 0:28
  Volvo, and this initiative has led to the establishment of EV
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  charging stations at 15 Starbucks locations along a 1000
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  mile route between Denver and Seattle.
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  Now, this move is a step in addressing the charging
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  infrastructure deficit in North America, according to Volvo and
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  according to Starbucks Now. The project encompasses 50 Volvo
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  charging stations spread across Starbucks stores in Colorado,
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  Utah, Idaho, Oregon and Washington.
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  The stations are equipped to recharge any electric vehicle
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  that supports CCS 1 or CHA demo connectors, broadening the
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  accessibility for various kinds of EV models.
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  Now Starbucks and Volvo have shared insights into their
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  decision to pursue this venture. They identified a gap in the EV
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  charging infrastructure, especially along the corridor
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  connecting Seattle and Denver. This initiative is seen as an
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  opportunity to bridge this gap, catering to the needs of a
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  growing number of EV owners in the region.
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  Also, it brings people to their shops and Starbucks is not alone
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  in its ventures into the EV charging market.
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  Other food and retail chains like Taco Bell, Whole Foods, 711
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  and Subway and also numerous hotels are either adding or
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  planning to add EV chargers. This trend is a response to the
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  increased interest in E VS among American consumers and the
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  subsequent need for more charging stations.
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  Now, most US electric vehicles, excluding those made by Tesla,
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  use the CCS 1 connector for charging.
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  The CCS, or Combined Charging System, is widely adopted
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  standard in North America. Additionally, the Chad demo
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  connectors developed in Japan and used by some Asian car
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  manufacturers are also supported now Tesla, having developed its
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  own unique charging connector in port known as the North American
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  Charging Standard or knacks, has recently allowed other automatic
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  cars to utilize this design. And many leading automakers
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  including General Motors, Ford, Volvo, Hyundai, Honda and
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  Mercedes to name a few, are now adopting knacks for their new EV
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  models. Starbucks, recognizing the
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  evolving landscape of EV charging, plans to include
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  stations compatible with Tesla's NECS connectors.
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  The company is also exploring partnerships with other
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  automakers to expand its EV charging station network.
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  Now, as part of its sustainability commitments,
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  Starbucks is working with Volvo Cars to install up to 60 DC fast
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  chargers along a scenic 13150 mile route.
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  Now this is powered by Chargepoint, and it began with
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  the first installation at a Starbucks in Provo, UT.
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  Now, this project is a component of Starbucks broader effort to
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  expand its renewable energy and decarbonization initiatives
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  across the United States, aligning with its environmental
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  sustainability goals. And the choosing route for this
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  EV charging station offers travelers the chance to visit
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  iconic locations in the West, such as Snoqualmie Pass in
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  Washington, the Snake River in Idaho, and the Arches National
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  Park in Utah. Now this enhances the appeal for
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  Rd. trips for all of these EV drivers, and this is a stop
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  along the way. People love Starbucks, so
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  they're going to go to Starbucks anyway.
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  You may as well charge your car while you're there.
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  Now with the Target to cut its global carbon footprint by 50%
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  by 2030, Starbucks is redefining its store experience to foster
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  greater connectivity, convenience and positive
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  environmental impact. Introducing the EV charging
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  station is part of this whole system.
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  The broader ambition for Starbucks is to get people to
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  their stores to buy their goods, and it's really nice to be able
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  to charge your car while you're waiting in line for an espresso.
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  A charge points DC fast chargers can efficiently recharge
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  vehicles like the Volvo C40 Recharge from 20% to 90% in
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  about 40 minutes. However, this efficiency is
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  subject to various factors including temperature
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  conditions, battery health in the specifics of the charging.
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  Edit this out in the specifics of the charging equipment and
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  the vehicle. Just a little side note, this is
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  not a sponsored podcast today. This is this is a news podcast.
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  It's not sponsored by Starbucks or Volvo.
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  But Starbucks entry into the EV charging market signifies an
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  important shift in the retail and service industry.
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  Acknowledging the growing demand for EV infrastructure and by
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  integrating charging stations into their locations, Starbucks
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  is actively contributing to the expansion of the EV charging
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  network in the United States. The introduction of EV charging
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  stations by Starbucks. It has been met with positive
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  responses by both consumers and industry experts.
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  This move is seen as a proactive step in catering to the needs of
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  US EV owners and promoting the use of electric vehicles.
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  Now Starbucks has said that they have an interest in further
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  expanding its network of EV charging stations.
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  Could you imagine going to Starbucks anywhere you are along
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  the highway stopping, hinting at potential collaborations with
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  other automakers? Starbucks is doing too, possibly
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  Tesla in the future. And while you're inside getting
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  your coffee, you charge your car.
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  This could also be a major revenue stream for the future,
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  because eventually we're all going to be paying for charging.
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  No matter who we are, no matter what kind of car we run, it's
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  going to be pay to play. So charge you for your coffee,
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  Also charge you for your charging, and it's only a matter
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  of time before all retail locations have charging in their
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  parking lots. Thank you so much for tuning
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  into the show today. I really do appreciate your
• 6:10
  support. If you could take a second and
• 6:12
  hit the subscribe or the follow button on whatever podcast
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  platform that you're listening on right now, I greatly
• 6:18
  appreciate it. It helps out the show
• 6:20
  tremendously and you'll never miss an episode.
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  And each episode is about 10 minutes or less to get you
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  caught up quickly. Please, if you want to support
• 6:29
  the show even more, go to Patreon Stage Zero and please
• 6:35
  take care of yourselves and each other and I'll see you tomorrow.