EV Daily | Tesla's V4 Superchargers and GM's Market Surge Highlight EV Expansion in North America

【Tesla】

Tesla announced that all V4 Superchargers in North America now support charging up to 325kW, initially only beneficial to the Cybertruck as other Tesla models and many non-Tesla EVs do not yet support this. The company is beginning to deploy full V4 Supercharger stations capable of 500kW. Tesla's Q4 2024 financial results are anticipated, with energy storage becoming a more significant revenue contributor. Although average price per vehicle fluctuates, storage deployment hit a record 11 GWh, possibly offsetting lower vehicle revenue due to price cuts. Tesla aims for marginal profitability amid price cuts affecting margins, with revenue expectations cautiously optimistic.

【Others】

General Motors has doubled its share in the US electric vehicle market, surpassing Ford to become the second-largest EV seller behind Tesla. New models like the Chevy Equinox and Blazer have boosted sales, with GM achieving a positive variable profit in Q4 2024 despite missing its production goal. GM also plans for further growth with new Cadillac EVs expected to contribute to improved profitability. Lucid Motors announced its electric SUV, the Gravity, will be compatible with Tesla's Superchargers from January 31, 2025. The Gravity features advanced charging tech, enabling fast charging speeds of up to 400 kW, although most US stations are limited to 400V. Lucid also highlighted the Gravity's efficient design and long-range capabilities, with orders starting at $94,900. Volkswagen has canceled plans to launch the ID.7 electric sedan in North America, focusing on Europe and China due to challenging EV market conditions. Despite this, VW remains committed to introducing new electric models in the US market. Porsche's Taycan has set a new Guinness World Record for the longest drift by an EV, adding to its previous records. The Taycan's performance has been enhanced with a longer range, faster charging, and increased power. Genesis will transition to selling only electric vehicles in the UK by 2025, with new hybrids expected by 2027. It plans to expand its all-electric model lineup, including high-performance options tailored for European markets. Honda plans to introduce a sub-$30,000 EV in the US as early as 2026, aiming to expand its market share. The new EV will be part of Honda's 0 Series, leveraging local production to reduce costs and bolster Honda's global EV strategy.