China Ev Charging Station and Charging Pile Market Report, 2016-2020

Marketreportsonchina.com presents a report on “China EV Charging Station and Charging Pile Market Report, 2016-2020”. http://www.marketreportsonchina.com/industry-mfg-market-research-reports-2885/ev-charging-station-charging-pile-china.html
Feb., 20, 2016, Mumbai, India: Market Reports on China presents the report, on “China EV Charging Station and Charging Pile Market Report, 2016-2020”, highlights the Industrial policies on car charging station/pile, including policies on subsidies for new energy vehicles, policies on subsidies and rewards for construction of charging piles, the planning for promotion of new energy vehicles, & many more.
China produced 379,000 new energy vehicles in 2015, a fourfold increase from a year ago, including 142,800 battery-electric passenger vehicles and 63,600 plug-in hybrid passenger vehicles, both increasing three times year-on-year, (http://www.marketreportsonchina.com/industry-mfg-market-research-reports-2885/ev-charging-station-charging-pile-china.html) 147,900 battery-electric commercial vehicles, an increase of eight times from 2014, and 24,600 plug-in hybrid commercial vehicles, surging by 79% compared with the previous year. In 2015, new energy vehicles made up 1.5% of China’s total output of vehicles (24.5033 million units), jumping by 400% from 2014. New energy vehicle ownership approached 500,000 units in China in 2015, basically accomplishing phased target of the Planning for the Development of New Energy Vehicle during 2012-2020. It is expected that EV sales will reach 2.11 million units in 2020 with EV ownership exceeding 5 million units.

Driven by rapid development of new energy vehicles, the supporting facilities like charging station and charging pile also flourish. Charging station ownership in China increased from 76 in 2010 to 3,600 in 2015 at a CAGR of 90.2%. The number of public charging piles grew from 1,122 to 49,000 at a CAGR of 87.7% during the same period. In addition to public charging piles, private...