China's new energy vehicles are internationally competitive on oversea market (2)

Huge demand in oversea market, Chinese EV chargers are accelerating their development

At present, with the aim of achieving the global carbon neutrality goal, new energy vehicles is growing rapidly and will continue to penetrate the   market. Accelerating the development of supporting construction for charging will drive the high-quality development of the new energy vehicle industry. Relevant national departments are strengthening the top-level design of charging infrastructure industry, and intend to optimize the planning and construction of charging networks. At the same time, with the large sales of new energy vehicles, the ev charger market in Europe and the United States is in the initial stage of explosion, and the demand will usher in a significant increase. Chinese charger companies are accelerating their overseas deployment, and are expected to benefit from the rapid development of the global charger industry withthe excellent performance.

In recent years, the rapid growth of new energy vehicles in China has driven the development of related facilities. In 2022, the number of   new energy vehicles in China have reached 13.1 million, and it is expected to reach 21 million in 2023 and increase to 40 million in 2025. The charging demand for electric vehicles is increasing, and it is imminent to speed up the construction of supporting infrastructure. In recent years, policies for the ev charger industry have been continuously introduced, requiring vigorous promotion of the construction of charging and swapping networks. In 2022, 2.593 million new chargers will be added nationwide, and the number of existing chargers will be 5.21 million, with a year-on-year increase of 99.07%.

New energy vehicles not only develop strongly in China, but also have a wide overseas market. With the rapid growth of sales of new energy vehicles in Europe and the United States, there is a strong demand for supporting construction of chargers. According to IEA statistics, the demands of ev chargers for public vehicles in Europe and United States exceed the supply. At present, the construction of supporting infrastructure in the European and American new energy vehicle markets is obviously insufficient. Under the improvement of policies, many countries are expected to accelerate their development. Chinese companies for ev chargers are also driving their deployment in overseas markets. Compared with local charger companies in Europe and the United States, they have more cost-effective advantages.

As for ev chargers themselves, high-voltage fast charging has become the general trend. Charging convenience and shortening the charging time are the ket points to promote the development of new energy vehicles. The accelerated application of fast charging technology is crucial to new energy vehicles. At present, many governments actively improve the fast charging technology from the top-level design, and the proportion of fast chargers is expected to gradually increase in the future. High-voltage fast charging technology is currently the mainstream choice for car companies. 800V high-voltage platform models will be launched in succession in 2023, and the prospects are promising.