Analysis of the development of the global electric vehicle charging pile industry in the next five years

Market size: The US electric vehicle charging pile market is relatively large, while the Chinese market is gradually expanding. According to data from market research institutions, the US electric vehicle charging pile market size was approximately US$1 billion in 2019, while the Chinese market size was approximately US$500 million.

Policy support: The U.S. government provides strong support for electric vehicle charging piles, including financial subsidies and policy support. The Chinese government is also gradually increasing its support for electric vehicle charging piles, including financial subsidies, policy support, planning and construction, etc.

Market competition: Competition in the US electric vehicle charging pile market is fierce, and market share distribution is relatively balanced. The competition in China's electric vehicle charging pile market is relatively small, and the market share is mainly occupied by a few large companies.

Analysis of the Development Differences in the Electric Vehicle Charging Pile Industry between China and the United States The fundamental reason for the differences in the development of the electric vehicle charging pile industry between China and the United States is that there are large differences in the development history, patented technology, and policy support of the electric vehicle charging pile industry between the two countries. Detailed analysis As follows: Development history: The United States started early, and China developed quickly. In the United States, the first successful electric car made its debut around 1890. Due to era limitations such as power shortages, electric cars almost disappeared by 1935.

As problems such as energy shortages became increasingly severe, the electric vehicle market reopened in the 1970s. After experiencing ups and downs in the second half of the 20th century, the real renaissance of electric vehicles did not begin until the early 21st century. In 2009, the three major automobile groups in the United States each launched their own hybrid production sedans for market sales.

In early 2012, Ford officially launched a new generation of lithium battery hybrid vehicles, including plug-in hybrids, in the Canadian market. After Tesla's electric vehicles successfully stood out, the U.S. government decisively revised its goal of popularizing electric vehicles and began to emphasize the manufacture of high-end electric vehicles.

China regards new energy vehicles as a key element in the transformation from a major automobile country to an automobile power. Therefore, charging piles, as energy supplement facilities for new energy vehicles, have also become the most basic starting point in the transformation process. Since BYD built the first batch of electric vehicle charging piles in Shenzhen in 2006, as China's new energy vehicle ownership continues to increase and electric vehicle technology develops, China's charging infrastructure has experienced different stages of development.

Charging technology: Accelerate the promotion of fast charging technology, improve charging efficiency and charging speed, and strengthen the intelligent management and operation of charging facilities.

Charging standard system: Establish and improve the charging standard system, promote international standards and industry standards, and improve the interoperability and compatibility of charging facilities.

Charging industry ecology: Strengthen the construction of charging industry ecology, promote the diversified development of charging facilities, and promote the integrated development of charging facilities with new energy, intelligent network connection and other fields.

Charging service guarantee capabilities: Strengthen charging service guarantee capabilities, improve the reliability and safety of charging facilities, improve the charging service network and service system, and improve user satisfaction.

Improved utilization, intelligent charging, comprehensive services, innovative research and development, and coordinated development of vehicle piles. In recent years, with the explosive growth of my country's new energy vehicle production and sales, the electric vehicle charging pile industry has developed rapidly. The electric vehicle charging pile industry still has problems such as low overall utilization rate, long cost recovery cycle, and single financing channel. Under the guidance of the country’s strong support and policy planning, the future development of my country’s electric vehicle charging pile industry will have the following trends:

Market demand growth: As the electric vehicle market continues to expand, the market demand for the electric vehicle charging pile industry will also gradually grow. It is estimated that by 2027, the demand for electric vehicle charging piles may exceed 22.83 million units.

Technological innovation: The electric vehicle charging pile industry will continue to promote technological innovation, improve charging efficiency and charging speed, and at the same time strengthen the intelligent management and operation of charging facilities.

Standard system construction: The electric vehicle charging pile industry will strengthen the construction of the charging standard system, promote international standards and industry standards, and improve the interoperability and compatibility of charging facilities.

Industrial ecological construction: The electric vehicle charging pile industry will strengthen the ecological construction of the charging industry, promote the diversified development of charging facilities, and promote the integrated development of charging facilities with new energy, intelligent network connection and other fields.

Policy support: The Chinese government has gradually increased its support for electric vehicle charging piles, including financial subsidies, policy support and planning and construction.

Looking forward, the number of new energy vehicles in China will reach about 45.67 million in 2027. Based on a vehicle-to-pile ratio of 2:1, the cumulative demand for electric vehicle charging piles in China will exceed 22.83 million units in 2027. It is expected that by 2022 The compound growth rate by 2027 will reach about 35%. For more detailed research and analysis of this industry, please see the "China Electric Vehicle Charging Pile Industry Market Forecast and Investment Strategic Planning Analysis Report" by the Qianzhan Industry Research Institute. At the same time, the Qianzhan Industry Research Institute also provides industry big data, industry research, policy research, industry chain consulting, Industrial map, industrial planning, park planning, industrial investment promotion, IPO fundraising feasibility study, IPO business and technical writing, IPO working paper consultation and other solutions.