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The Future of EV Charging Stations

The Future of EV Charging Stations

CCTV news, 31, the Ministry of Transport said, as a practical matter to enhance people's well-being, the construction of ev charging station required for new energy vehicles is receiving more and more attention. According to statistics, 3,974 highway service areas have built 16,721  three phase ev charger nationwide, with 872 new highway service areas building Single phase ev charger and 3,347 ev chargers, an increase of 28% and 25% respectively compared to the period before the Action Plan was issued. Dongguan Securities pointed out that the penetration rate of new energy vehicles continues to climb, driving the development of the wallbox ev charger industry.

China's new energy vehicle market has been growing at a high rate since the second half of 2020. China's new energy vehicle sales are expected to exceed more than 5 million units in 2022, and sales are expected to approach 10 million units by 2025. With the rapid development of the electric vehicle market in recent years and the rapid growth in ownership, the demand for  electric car charger has been increasing. By the end of 2021, there were 7.84 million new energy vehicles in China and 2.617 million ev fast charger, with a vehicle-pile ratio of 3:1, which still leaves a large gap.The agency believes that the size of the ev charger market will exceed 100 billion yuan. It is expected that by 2022, the number of new energy vehicles will reach 12.21 million and the number of charging piles will reach 5.06 million, and by 2025, the number of new energy vehicles will increase to 32.24 million and the number of charging piles will increase to 14.66 million. the average annual compound growth rate of the number of new charging piles from 2021 to 2025 will reach 44%. We estimate that the market size of the charging pile reaches 124.1 billion yuan, 134.7 billion yuan, 148.2 billion yuan and 204.5 billion yuan from 2022 to 2025 respectively.

Investment, Dongguan Securities pointed out that, from the policy-driven point of view, in 2022 the country set the tone of "stable growth",wallbox , exchange station investment construction as "new infrastructure" series, is expected to become one of the key areas of infrastructure for growth in 2022, get policy support moderately ahead of the development, ev charger 22kw industry chain is expected to usher in the wind.

Post time: Nov-02-2022