Sure, there's a market for a 700 mile range EV, but it's tiny. There is diminishing returns on range, as with all things.
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We are estimating 626 miles per hour charging speeds on Gen 3 Superchargers for the first half of the charge. In a previous article, we reported that current Model 3 owners are getting Supercharging speeds of around 460-480 miles per hour on Gen 2 Superchargers.
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So the Model 3 might be capable of 150 miles of range in 15 minutes of charging.
I'm not sure charging will get much faster than that, as that amount of power puts a tremendous load on the infrastructure.
A single EV charging can represent several hundred homes suddenly appearing on the grid. Power generation must match demand at all times, so cars hopping on and off the grid can really be tricky to manage.