The new energy vehicle charging pile is an important logistic part to maintain the energy supply of new energy electric vehicles and ensure the convenient and smooth operation of new energy vehicles. In order to achieve the carbon peak and carbon neutral target as soon as possible and promote the healthy, stable, and sustainable development of China's new energy vehicle industry, the charging pile, the energy supply facility supporting new energy electric vehicles, has become the focus of domestic and foreign commercial capital attention. Setting reasonable charging piles in shopping malls, residential parking lots, public buildings, and other places will be conducive to the promotion and growth of new energy vehicles and stimulate the development of the new energy vehicle industry in the sinking market, as well as promoting the use of clean energy and energy conservation.

After the epidemic, in order to further promote the sound development of new energy industries and accelerate the layout of national new energy-related industries, new energy vehicle support policies have been introduced across the country, along with the support policies for new energy vehicles, new energy charging pile supporting development needs on the agenda. In order to facilitate a better understanding of China's new energy charging pile industry in 2022, we have brought together the current industry development status and trend analysis for your reference.

First, the new energy charging pile industry development background

In the face of the current gradually mature and perfect new energy vehicle industry, the new energy charging pile is at the weak end of the supporting facilities. Accelerating the development of the charging pile industry, the development of the entire new energy electric vehicle industry has a vital role in promoting.

1. Policy support: The state has introduced relevant policies one after another to support the innovation of charging pile-related technology, mode, and mechanism.

In May 2020, the State Council issued the "Government Work Report 2020", which for the first time put forward the concept of "new infrastructure" (new infrastructure construction) and encouraged the innovation and development of charging pile technology and supporting facilities, including charging piles and switching stations. "New infrastructure" is encouraged to be built.

The Central Economic Work Conference in 2021 pointed out that the current economy is facing triple pressure of demand contraction, supply shock, and weakening expectations, so it should adhere to the word "stability" and strengthen the police force, and charging piles, as one of the components of new infrastructure, will be accelerated under the main line of stable growth.

In January 2022, the National Development and Reform Commission, the National Energy Administration, and other departments issued the "National Development and Reform Commission and other departments on the further enhancement of electric vehicle charging infrastructure services to ensure the implementation of opinions" (Development and Reform Energy Regulations [2022] No. 53), proposed that by the end of the "14th Five-Year Plan", China's electric vehicle charging security capacity to further It is proposed that by the end of the 14th Five-Year Plan, China's electric vehicle charging guarantee capacity will be further improved, and a moderately advanced, balanced layout, intelligent and efficient charging infrastructure system will be formed to meet the changing needs of more than 20 million electric vehicles. A number of policies have been landed, making the development direction and development goals of China's new energy charging pile industry gradually clear, providing useful soil for the industry's development.

The charging pile is in the rapid growth stage and highly concentrated market period

The rapid development of new energy vehicles on the growth of demand for charging piles combined with the "new infrastructure" and "stable growth" and other policy support and subsidies, is expected to promote the new energy charging pile industry to maintain a high growth rate. At present, the domestic charging pile is influenced by policy and industry technology, the popularity of new energy vehicles, and other comprehensive factors, the next 3-5 years will be in a rapid growth stage.

According to the forecast of China Electric Vehicle Charging Infrastructure Promotion Alliance, by the end of 2026, the market size of China's charging pile industry is expected to reach 287.02 billion yuan, with a five-year compound annual growth rate of 37.8%.

From the market concentration of domestic charging pile industry operating enterprises, the market concentration of electric vehicle charging pile industry operating enterprises in China is high, especially in the field of dedicated charging pile, the top ten enterprises with market share almost occupy the whole market.