How many charging piles are there in China?

(PHOTO / XINHUA) The smart charging network launched by State Grid Corporation of China, which aims to promote data-sharing between various charging companies, has covered as many as 756,000 charging piles by the end of August, with a market share exceeding 88 percent, said the company, the largest power utility player in China.

How many charging piles are there in China in 2021?

In 2021, the number of public charging piles in China will reach 2.617 million, a year-on-year increase of 224.3%, serving nearly 8 million new energy vehicles. With the large-scale popularization of new energy vehicles and strong policy support, the scale of China’s charging pile industry has grown rapidly.

What is the cost of a solar panel in China?

The average cost of a solar panel in China is $2.92 per watt\. Chinese companies are the world’s leaders in low priced solar panels.

Are homegrown charging piles for new energy vehicles a big deal?

[XIE SHANGGUO/FOR CHINA DAILY] 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.

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.

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]