As of the end of June, China's charging points for new energy vehicles (NEVs) have exceeded 10 million units, according to the National Energy Administration (NEA). The total reached 10.244 million, marking a 54% increase from the previous year, which includes 3.122 million public charging points and 7.122 million private charging points.
The public charging points have a total rated power of 110 million kW, sufficient to meet the charging needs of 24 million NEVs. During the first half of 2024, NEVs consumed 51.3 billion kWh of power, a 40% rise compared to the same period last year.
China has also installed 27,200 charging points at expressway service areas across nearly all provinces and is accelerating infrastructure development in rural areas to promote NEV usage in the countryside. The rapid expansion of charging infrastructure is expected to enhance NEV adoption, as limited charging options in smaller cities and rural regions have been a barrier for potential buyers.
In the first half of 2024, China accounted for 64.5% of global NEV passenger car sales. The government aims to increase the share of NEVs in total vehicle sales to 45% by 2027, as outlined in a recent policy plan.
