Chinese charging pile companies have advantages in the supply chain, technology innovation and cost, leading to high demand in overseas markets, industry experts said. With emissions regulations tightening, the transition to vehicle electrification is unstoppable worldwide.
[XIE SHANGGUO/FOR CHINA DAILY] Global interest in homegrown charging piles for new energy vehicles has ballooned as China cements its leading position in the global NEV market with exports set to almost double this year, experts and industry executives said.
The importance of maintaining charging piles lies in the fact that influences by the changeable environment and ageing inner parts can cause various faults. Regular examination and maintenance are necessary during both product storage and using processes.
"Domestic charging piles have accumulated significant advantages in technology and product innovation, making them increasingly favored by overseas buyers," said Ye Quanhai, founder of HICI Digital Power Technology.
The price of a charging pile can range from hundreds to thousands of RMB, with the main difference being in power. The cost of a 11KW charging pile is around 3000 RMB or more, a 7KW charging pile costs between 1500-2500 RMB, and a portable 3.5KW charging pile is priced under 1500 RMB.
The current sources of income for charging pile operators are still electricity prices and charging service fees, which are basically equal in and out. With the further marketization of the charging pile industry, the charging profit model is expected to be more abundant.
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