Analysis of China's April Charging Pile Market and Its Development

TapTechNews May 25th news, Cui Dongshu of the China Passenger Car Association released a report today to analyze the national April charging pile market.

TapTechNews learned from the report that the number of public piles last month increased by 67,600 compared to the previous month, which was faster than the same period last year by 2%; the cumulative annual increase of public piles was 250,000, and the year-on-year growth rate reached 10%. The number of private piles along with the car increased by 234,000 compared to the previous month, which was faster than the same period last year (183,000), with a growth rate of 28%; the cumulative annual increase of private piles was 767,000, and the year-on-year growth rate was 17%. The charging volume of public piles was 394,000 kWh, which increased better than the same period of last year (268,000 kWh), and the average monthly charging of a single pile was 1,324 kWh, basically the same as last year.

Analysis of Chinas April Charging Pile Market and Its Development_0

Cui Dongshu said that in recent years, China's charging infrastructure has developed rapidly and has built the world's largest, widest service range, and most complete variety of charging infrastructure systems. According to the calculation of 1 public pile = 3 private piles, the pure electric vehicle's pile-to-car ratio in the incremental market in 2024 in China has reached 1:1, leading the level of several times that of other countries in the world.

Specifically, the performance of the leading operators in April was relatively strong. The charging pile of GAC Energy had an average charging of 4,649 kWh in April, which performed very well. The charging volume of NIO's charging pile reached 2,000 kWh, and that of Tesla reached 3,634 kWh. While the average charging of some old charging piles is only about 100+ kWh per month, this is because people usually choose newer / higher-power charging piles.

In addition, Cui Dongshu believes that there are still problems such as insufficient layout, unreasonable structure, outdated technology of old charging piles, unbalanced service, and unregulated operation of the current charging infrastructure. As a result, the rate of regret among electric vehicle purchasers in some low-level regions has increased. Relevant departments and social companies should jointly adjust and improve the charging infrastructure system and update the charging piles in time to meet the needs of the people.

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