Written by Cláudio Afonso | LinkedIn | X
China continues to build up its position as the world’s largest market for electric vehicle (EV) charging infrastructure, data from the China Passenger Car Association (CPCA) showed.
NEV retail sales in China are projected to reach 1.15 million units in October, up 49% from a year earlier and 2.4% higher than in September, according to CPCA’s estimates.
In September alone, 1.12 million electric vehicles and plug-in hybrids were sold domestically, underscoring rising demand in the market.
China’s public charging network reached 3.329 million stations as of the end of September, an increase of 65,500 units from August, according to the CPCA’s National Charging Pile Market Analysis.
In the first nine months of 2024, the country added 600,000 public chargers, though that figure is down 9% year-on-year. In 2023, China added 930,000 public piles, a 43% rise from 2022.
Private charging infrastructure has grown faster, with 8.1 million private charging piles recorded by September, an increase of 368,000 from the previous month. In 2024, cumulative private charging installations reached 2.23 million, marking a 26% rise compared with the same period in 2023.
Private pile installations rose by 2.457 million in 2023, up 27% from the previous year.
Ionchi, a fast-charging venture by BMW and Mercedes-Benz, opened last week its first seven public charging stations after a two-week trial period.
The stations, located in Beijing, Qingdao, and Nanjing, are part of the brand’s plan to install 1,000 stations across 100 cities by 2026.
Written by Cláudio Afonso | LinkedIn | X
