1 hour ago by Mark Kane
Expansion of the Chinese charging infrastructure follows the increase of New Energy Vehicle (plug-ins) sales and becomes the world’s largest public infrastructure/
In 2017, the number of publicly available charging stations in China was estimated at 214,000 – up 51% year-over-year from less than 142,000.
That’s 72,000 more charging spots in a single year!
The plan for 2020 is to have at least 500,000 charging stations installed.
For comparison, New Energy Vehicle sales amounted to 777,000. This year, growth is expected at 40%, while by 2020 sales should reach 2 million.
With the market growing so quickly, we wonder if even those 500,000 charging station will be enough.
Source: Reuters
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