Should China invest in homegrown charging piles for new energy vehicles?
Global interest in homegrown charging piles for new energy vehicles has ballooned as China cements its leading position in the global NEV market with exports set to almost double this year, experts and industry executives said.
Which companies are investing in the charging pile industry?
Companies including Volkswagen, BP and E.ON Power are investing heavily in the charging pile industry. Since 2017, there have been 85 acquisitions across the industry. There are more than 30 fast-charging station operators in the UK alone, with two new companies set up in the sector last month.
How big is the charging pile industry?
According to data from research firm PitchBook, the charging pile industry has attracted more than $12 billion in venture capital investment since 2012. ChargePoint is one of the largest providers of electric vehicle charging equipment infrastructure and software.
Where do workers work for charging piles in China?
Employees work on a production line for charging piles in Huzhou, Zhejiang province, in June. [XIE SHANGGUO/FOR CHINA DAILY]
How much will the charging pile market cost in 2025?
By 2025, the overall charging pile market in Europe and the US will reach a combined total of about 73.12 billion yuan ($10.1 billion), with more than three-quarters of the market share coming from private charging piles, according to an estimate by Guosen Securities.
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A deployment model of EV charging piles and its impact. DC charging piles have a higher charging voltage and shorter charging time than AC charging piles. DC charging piles can also largely solve the problem of EVs'''' long charging times, which is a key barrier to EV adoption and something to which consumers pay considerable attention (Hidrue et ...
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Global interest in homegrown charging piles for new energy vehicles has ballooned as China cements its leading position in the global NEV market with exports set to almost double this year, experts and industry …
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It resulted in a ratio of vehicles to charging piles of about 2.4:1. For public charging piles, the ratio was around 7.5:1. Seeing vast overseas market potential, Chinese charging pile companies ...
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