China Charging Alliance: The increase in charging infrastructure from January to December 2024 is 4.222 million units, with a ratio of 1:2.7 compared to the increase in vehicles.

date
23/01/2025
avatar
GMT Eight
The China Charging Alliance released the operating status of the national electric vehicle charging and swapping infrastructure in 2024. From January to December 2024, the increment of charging infrastructure was 4.222 million units, and the domestic sales of new energy vehicles were 11.582 million units, with both the charging infrastructure and new energy vehicles continuing to grow rapidly. The ratio of increment between charging stations and vehicles is 1:2.7, and the construction of charging infrastructure can basically meet the rapid development of new energy vehicles. The alliance predicts an additional 3.619 million on-board charging stations in 2025, with a total of 12.858 million on-board charging stations. It is estimated that an additional 1.038 million public charging stations will be added in 2025. Regarding the operation of public charging infrastructure, in December 2024, there was an increase of 119,000 public charging stations compared to November 2024, which represented a 31.3% year-on-year growth. By December 2024, a total of 3.579 million public charging stations had been reported by the members of the alliance, including 1.643 million DC charging stations and 1.936 million AC charging stations. From January to December 2024, an average of about 71,000 public charging stations were added each month. In terms of the operation of public charging infrastructure by province, autonomous region, and municipality, the TOP10 regions in terms of public charging stations construction include Guangdong, Zhejiang, Jiangsu, Shanghai, Shandong, Anhui, Henan, Hubei, Sichuan, and Beijing, accounting for 68.8% of the total. The national electricity consumption is mainly concentrated in provinces such as Guangdong, Jiangsu, Hebei, Sichuan, Zhejiang, Shanghai, Shandong, Fujian, Henan, and Shaanxi, with the majority of the electricity going to buses and passenger cars, while the proportion for sanitation vehicles and taxis is relatively small. In December 2024, the total national electricity consumption for charging was approximately 5.91 billion kWh, an increase of 720 million kWh compared to the previous month, representing a 55.2% year-on-year growth and a 13.8% month-on-month increase. In terms of the operation of public charging infrastructure operators, as of December 2024, the top 15 charging operators in the country are as follows: TELD with 709,000 units operational, Star Charge with 625,000 units, FastLink with 587,000 units, Xiaojue Charge with 214,000 units, WonderCloud with 203,000 units, State Grid with 196,000 units, Southern Power Grid with 90,000 units, Huichong with 89,000 units, Shenzhen Vehicle Power Grid with 89,000 units, YIFA Energy with 78,000 units, WanCheng WanChong with 54,000 units, Oya FastCharge with 52,000 units, Kunlun Electric with 47,000 units, Junyue Charge with 43,000 units, and Wanma Aichong with 39,000 units. These 15 operators account for 87.1% of the total, with the remaining operators accounting for 12.9% of the total. In terms of the overall operation of charging infrastructure, from January to December 2024, the increment of charging infrastructure was 4.222 million units, a year-on-year increase of 24.7%. Of this, the increment of public charging stations was 853,000 units, a year-on-year decrease of 8.1%, while the increment of privately-built residential charging stations was 3.368 million units, a year-on-year increase of 37.0%. By December 2024, the total number of charging infrastructure in the country had reached 12.818 million units, a year-on-year increase of 49.1%. In comparison between charging infrastructure and electric vehicles, from January to December 2024, the increment of charging infrastructure was 4.222 million units, while the domestic sales of new energy vehicles were 11.582 million units, indicating a continued rapid growth in both charging infrastructure and new energy vehicles. The ratio of increment between charging stations and vehicles is 1:2.7, suggesting that the construction of charging infrastructure can basically meet the rapid development of new energy vehicles. 2025 Charging Infrastructure Predictions include an estimated addition of 3.619 million on-board charging stations, with a total of 12.858 million on-board charging stations. It is expected that 1.038 million public charging stations will be added in 2025, including 522,000 public DC charging stations and 516,000 public AC charging stations. The total number of public charging stations is expected to reach 4.617 million, including 2.165 million public DC charging stations and 2.452 million public AC charging stations. It is predicted that 73,000 public charging stations will be added in 2025, with a total of 303,000 public charging stations.

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