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EV Daily | Tesla's Supercharger Growth and Cybertruck Updates Amid Leadership Changes

AInvestSaturday, Oct 5, 2024 8:00 am ET
1min read
【Tesla】

Tesla reported delivering 1.4 TWh of electricity through its Supercharger network in Q3 2024, marking a 27% year-over-year growth. The network expanded by 23%, but stall deployment reduced by 7.4% compared to Q3 2023, following an internal restructuring. Despite operational costs, Tesla's charging business is growing, aided by more non-Tesla EVs using the network.

Tesla has initiated configurations for the $79k non-Foundation Cybertruck and released its Q3 delivery numbers, which fell slightly short of expectations. Additionally, Tesla faced another recall for the Cybertruck and canceled its cheapest electric car model.

Tesla's European leadership saw changes with the departure of Jos Dings, a top executive who played a role in establishing the Gigafactory Berlin. This continues a trend of leadership shifts within the company.

【Others】

Hyundai unveiled the 2025 IONIQ 5 with increased range and a Tesla NACS port. It will be available in the US by the end of 2024 and join Waymo's robotaxi fleet. Hyundai's US-made IONIQ 5 is now in production in Georgia, marking significant investment and job creation in the state. Hyundai is also launching the INSTER EV in Europe, priced under $31,000, with a range of up to 229 miles.

Rivian lowered its 2024 production guidance after a supply shortage, expecting to produce fewer vehicles than in 2023. Deliveries for Q3 were down 27% from the previous quarter, but the company anticipates slight growth in deliveries for the year.

Nissan's Ariya faced challenges due to competition and rollout issues but remains a notable EV option. It offers a modern design and interior features, although some quality concerns persist.

Fortescue and Liebherr announced a 6 MW DC fast charger as part of a $4 billion electric equipment deal, aiming to decarbonize mining operations by 2030.

The EU plans to impose tariffs on Chinese EVs, despite opposition from Germany, to counteract perceived unfair subsidies. This move aims to protect European manufacturers but may strain trade relations with China.
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