China's Charging Infrastructure Is Steadily Advancing The Number Of Public Charging Sites

According to the National Energy Administration, China's charging infrastructure planning and construction are actively advancing. According to statistics, as of the end of June this year, the country has 1,322,000 charging piles of various types, of which 558,000 are public charging piles, ranking first in the world. At the same time, the total amount of public charging infrastructure charging in the country exceeded 600 million kWh for the first time in June, a year-on-year increase of 48.8%. The recent CCTV news has listed charging piles as one of the seven new infrastructure areas (5G infrastructure, UHV, intercity high-speed railway and intercity rail transit, new energy vehicle charging piles, big data centers, artificial intelligence and industrial Internet). The overall concern is strong, and the accelerated investment of charging piles will drive a significant increase in the demand for charging equipment, and drive the income and profit growth of related industry chain companies.

It is estimated that 78,000 new charging piles will be added in 2020

A reporter from the Changjiang Business Daily learned from the Hubei Electric Power Company that only the State Grid Hubei Electric Power Company plans to build 68 charging stations and 921 charging piles in the province in 2020. In the "Hubei Province 2020 Provincial Key Construction Plan", the charging pile project is also listed. The new energy vehicle charging pile and smart home appliance production base are located in the High-tech Zone of Xianning City. The total investment of the project is 1 billion RMB. The planned investment in 2020 300 million RMB.

From the perspective of the entire National Grid, with the gradual rise of the new infrastructure boom, the two major power grids have launched charging pile investment plans. The State Grid Corporation of China plans to invest 2.7 billion RMB in the construction of charging piles this year, adding 78,000 charging piles, and driving the consumption of new energy vehicles to more than 20 billion RMB. China Southern Power Grid plans to invest 25.1 billion RMB in the construction of charging facilities, 150 large-scale centralized charging stations and 380,000 charging piles, through investment or mergers and acquisitions in the next four years, which is expected to drive investment in related industries of about 200 billion RMB.

In the first half of this year, the State Grid Corporation of China completed and put into operation 3,083 charging piles, charging 700 million kWh of new energy vehicles, an increase of 6.4% year-on-year. As of the end of June, the company has accelerated the deployment of "new infrastructure", promoted the construction of charging piles for new energy vehicles, and jointly started 126 new energy vehicle charging facilities demonstration projects in 18 provinces including Beijing, Tianjin and Hebei. According to the plan, the company will add 78,000 charging piles this year, which is expected to drive the consumption of new energy vehicles to more than 20 billion RMB. At the same time, it will provide labor-saving, time-saving and money-saving services for the construction of various charging piles, and promote smart energy and wisdom. Integrated transportation development.

The State Grid also strengthened the precise location of charging piles and cost control to ensure that the charging piles have electricity and benefits after they are put into operation. Promote the transformation of charging facilities from "professional operation and maintenance" to "lean operation", and promote the rapid increase of charging service revenue. At present, 12 units including State Grid Beijing Electric Power have begun to implement it, and it is estimated that cost expenditure will be reduced by 30% year-on-year, and other units are accelerating the implementation.

The construction of charging infrastructure will further develop

During the charging process, the electric vehicle and the charging background will exchange data, so that data related to the electric vehicle can be obtained. The charging and payment of electric vehicles will also use mobile devices such as mobile phones, such as APP clients. A charging pile is equivalent to an Internet portal. It is convenient and versatile to obtain data through charging piles. This also determines that charging piles will become one of the important entrances to the Internet of Vehicles in the future. The value of data is worth mining, such as charging safety data, cars Electricity consumption data, car behavior data, etc. In the future artificial intelligence scenarios planned by the Ministry of Transportation, the traffic scenarios are indispensable and will rely on large-scale industrial data sets, in which charging piles may play an important role.

From 2015 to 2019, the total number of charging piles in my country has been increasing year by year. As of the end of June this year, the number of charging piles in the country has reached 1.322 million, of which 558,000 are public charging piles. By the end of 2019, the number of new energy vehicles has increased. The number of charging piles has a vehicle to pile ratio of 3.13:1, but the country's target for vehicle to pile ratio is 1:1.

According to the "New Energy Vehicle Industry Development Plan (2021-2035)" (draft for comments), by 2025, sales of new energy vehicles will account for about 25% of vehicle sales. The conservative estimate of sales of new energy vehicles is about 7 million. Based on the estimation of 20 million new energy vehicles and 1:1 ratio between vehicles and piles, the number of charging piles required is about 18.8 million, the market for charging equipment is about 280 billion RMB, and the charging and service market will be about 40 billion RMB. Accelerated investment in charging piles will drive a significant increase in the demand for charging equipment and drive the revenue and profit growth of related industry chain companies.

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