At the end of the forthcoming first quarter of 2020, we ushered in a centrally-named EV charging infrastructure（new infrastruture）. One of the seven major areas of our country's clear advocacy for new infrastructure-new energy vehicle charging piles, the policy is frequently blowing, and the market is thriving after a short stagnation period, the explosive growth of the market will be the first to enjoy the "fast forward card" industry after the epidemic coronavirus is end.

Frequent policies Ensuring the perfect ending of the "13th Five-Year Plan"

February, 2020
Eleven departments, including the National Development and Reform Commission and the Ministry of Industry and Information Technology, jointly issued the "Smart Car Innovation and Development Strategy". As a charging pile for new energy vehicles, it will be an important support for China's dream of a strong automobile country.

4th, March, 2020

The Standing Committee of the Political Bureau of the CPC Central Committee held a meeting to include one of the seven major areas of new infrastructure: new energy vehicle charging piles as the focus of national infrastructure.

13^th, March, 2020

Deployed by the State Council, according to the "Three-year Action Plan for the Defense of the Blue Sky", 2020 will be an important node, and 24 provinces and cities nationwide will promote new energy vehicles at full speed.

In 2020, the investment scale of charging piles will exceed 10 billion yuan

129,000 new public charging piles will be added nationwide in 2019, and 160,000 new public charging piles are expected in China in 2020, including 60,000 public DC piles and 100,000 public AC piles; 300,000 new private piles, 2020 The annual investment scale exceeds 10 billion yuan.

The investment scale of charging piles exceeds 400 billion yuan In 2025

As the infrastructure of new energy vehicles, the lack of charging piles makes charging difficult, which is an important shortcoming that restricts the pace of development of new energy vehicles in China. As of the end of February 2020, China has built 531,000 public charging stations and 712,000 private charging stations. From March 2019 to February 2020, an average of 15,000 new public charging piles will be added each month, which will increase 52.8% year-on-year in February 2020. Assume that China's new energy passenger car sales will reach 4.5 million units in 2025, with a holding volume of approximately 23 million units. Even at the current car-to-pile ratio of 3.5, China still needs to build about 5.3 million charging piles. If we consider the increase of car-to-pile ratio, the market space is larger.

By 2030, there will be a market gap of 63 million in 10 years, and the investment in charging piles will reach a trillion yuan market size

The draft of the “New Energy Vehicle Industry Development Plan (2021-2035)” issued by the Ministry of Industry and Information Technology at the end of 2019 states that by 2025, sales of new energy vehicles will account for 25% of new vehicle sales. It is estimated that by 2030, the number of new energy vehicles in China will reach 80 million, and that of pure electric vehicles may reach 64.2 million. According to the construction target of the vehicle-to-pile ratio of 1: 1, there will be a gap of 63 million in China's charging pile construction in the next 10 years. It is expected that a market for charging pile infrastructure construction of 10253 billion will be formed.

Charging pile industry becomes popular, Newyea city agents open for recruitment

Promoting the construction of charging piles, one of the new infrastructures, is the simplest and most effective way to hedge the corona virus epidemic and the economy. Tools that the government can use quickly and effectively will be deployed here to promote the supply of new kinetic energy. The advancement of charging piles has an unshakable position in promoting China's economic transformation and upgrading. It can also drive a large amount of demand, stabilize investment, increase growth and employment. As a high-tech enterprise occupying the dual-venture industry, Newyea Technology has accumulated 5 years of in-depth cultivation of intelligent charging station solutions, comprehensively opened and shared technologies, products, and model results, recruited agents nationwide, and used more advanced business models and integrated services. Enhance the development momentum of win-win cooperation with agents.