At the start of 2025, Tesla announced that it would begin rolling out its latest V4 Superchargers across China throughout the year. In a recent video posted on its Weibo account, Tesla revealed that the first seven V4 charging sites are now up and running in four different cities. The company also said that more stations will be added gradually, including in other provinces, although it did not mention how many are planned in total. Tesla recently passed a global milestone of 70,000 installed Superchargers, just nine months after hitting the 60,000 mark.
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In China, there are now over 2,100 Supercharger locations with 11,600 charging stalls, most of which are still the older V3 models. Interestingly, the V4 Superchargers were first launched in the Netherlands in March 2023 and stand out due to their taller design and longer cables, which make them easier to use for electric vehicles from other brands. While some V4 chargers are still limited to 250 kW due to older switchboards, the full version with V4 hardware can offer up to 500 kW of charging speed. The timing of the V4 launch in China is notable because the country’s EV market is evolving quickly.
Although a few Chinese electric cars have supported ultra-fast charging in the past, most mass-market models were slower than their European counterparts. Now, powerful new batteries from Chinese manufacturers are helping reduce charging times, which has given the charging industry a boost. For instance, BYD (BYDDF) introduced its first megawatt chargers in March and claimed that they can add 400 kilometers of range in just five minutes. BYD initially planned to install 4,000 of these chargers in China, then raised that target to 15,000 with partners. The company also confirmed it will expand these chargers to Europe.
What Is the Prediction for Tesla Stock?
Turning to Wall Street, analysts have a Hold consensus rating on TSLA stock based on 14 Buys, 12 Holds, and nine Sells assigned in the past three months, as indicated by the graphic below. Furthermore, the average TSLA price target of $291.31 per share implies 8.9% downside risk.
