China's Ev Charging Industry is Vigorously Developing Overseas Markets
According to statistics from the China Electric Vehicle Charging Infrastructure Promotion Alliance, from January to April 2023, the increase in charging infrastructure is 882,000 units, the sales volume of new energy vehicles have reached 2.222 million, and the increase ratio of charger-to-vehicles is 1:2.5. With the rapid development of the new energy vehicle industry, the construction of charging infrastructure is also accelerating, and the construction of charging infrastructure can basically meet the rapid development of new energy vehicles.
The data shows that from January to April, the increase in charging infrastructure was 882,000 units. Among them, the increase in public chargers increased by 167.7% year-on-year, and the increase in private chargers built with vehicles continued to rise, an increase of 60.8% year-on-year. As of April 2023, the cumulative number of charging infrastructure nationwide is 6.092 million units, a year-on-year increase of 95.9%. Among them, public chargers in April increased by 67,000 units compared with March, a year-on-year increase of 52.0%. As of April 2023, members of the alliance have reported a total of 2.025 million public ev chargers, including 855,000 DC ev chargers and 1.169 million AC chargers. From May 2022 to April 2023, an average of 58,000 new public chargers will be added every month. With the rapid growth of new energy vehicles and the vigorous deployment of charging infrastructure construction by all parties, the construction speed of charging infrastructure will be accelerated in the future.
It is noteworthy that with the expansion of China's new energy vehicle overseas market, various supporting services and products such as products, business models and charging services of Chinese car companies have also begun to vigorously develop overseas markets, and the export of ev chargers has also been put on the market. schedule. The relevant person in charge of Shuangjie Electric's overseas business told reporters that with the development of overseas new energy vehicle markets, products such as Chinese ev chargers have also begun to expand overseas markets.
Shuangjie's ev chargers have been exported to European markets such as Saudi Arabia, India, Indonesia, Singapore, and Germany, and it is expected that the overseas market will be further expanded this year. According to Li Kang, director of the General Department of China Charging Alliance, dozens of companies have started exporting ev chargers. Since foreign countries mainly invest in the construction of charging networks by car companies, the layout of the charging equipment industry chain is relatively poor, and Chinese charging pile products have certain advantages in terms of quality and price.
Research institutions predict that in the next 10 years, the European new energy vehicle charging market will increase from 5 billion euros in 2021 to 15 billion euros. De Meo, president of the European Automobile Manufacturers Association, once said that the progress of the installation of electric vehicle ev chargers in EU member states is "far from enough". The actual number is only 2000. Data show that in the first week of March, overseas demand for ev chargers on Ali International Station increased by 218% year-on-year. At present, many overseas countries and regions have the problem of insufficient charging pile supporting construction. For example, in the United States, the vehicle-to-pile ratio of new energy vehicles is about 18:1, and in Europe is about 12:1, which is far lower than that in China. The experience of Chinese companies in charging pile products, technology and business models can help new energy vehicles to better develop overseas markets and promote the full chain export of China's new energy vehicle industry chain.
Huatai Securities pointed out that the charging market in Europe and the United States is still in the development stage, and the ratio and price of ev chargers in Europe and America are significantly higher than those in the Chinese market. However, benefiting from the increased acceptance of the pure electric vehicle market, the increase in policy-driven subsidies, and the increased willingness of car companies and operators to invest, the demand and supply of ev chargers in major European and American markets are expected to increase significantly. Chinese companies are expected to promote the export of fast-charging DC chargers by virtue of their advantages in technology and cost.