China's EV Charging Network Surges to 23.68 Million Points by End of July, Up 41.9% Year-on-Year

Stock News
昨天

Data released on August 24 by the China Electric Vehicle Charging Infrastructure Promotion Alliance shows that as of the end of July 2026, the total number of EV charging infrastructure points across the country reached 23.683 million, marking a 41.9% increase compared to the same period last year.

Among these, public charging facilities accounted for 5.099 million points, up 21.3% year-on-year, with a total rated power capacity of 255 million kilowatts and an average power per point of approximately 49.97 kilowatts. Private charging facilities totaled 18.584 million points, reflecting a 48.8% surge, with reported installed electricity capacity reaching 160 million kilovolt-amperes.

In terms of regional distribution, the top 10 provinces and municipalities for public charging infrastructure—namely Guangdong, Zhejiang, Jiangsu, Shandong, Shanghai, Fujian, Henan, Anhui, Sichuan, and Hubei—account for 66.2% of the nation's total public charging points. Charging electricity consumption is concentrated mainly in Guangdong, Jiangsu, Hebei, Sichuan, Zhejiang, Shanghai, Shandong, Fujian, Henan, and Shaanxi, with power primarily flowing to heavy-duty trucks, ride-hailing vehicles, and passenger cars, while sanitation and logistics vehicles represent a smaller share.

In July 2026 alone, electricity consumption in the charging and battery-swapping service sector reached 16.4 billion kilowatt-hours, growing at a rate of 50.3% and increasing by 1.6 billion kilowatt-hours from the previous month.

Looking at the broader picture for the first seven months of 2026, the incremental addition of charging infrastructure totaled 3.591 million points, a decline of 7.4% year-on-year. This includes 382,000 newly added public charging points, down 38.7%, and 3.209 million new private points, a slight drop of 1.4%.

When comparing charging infrastructure growth with EV adoption, new energy vehicle domestic sales reached 6.098 million units during January–July 2026. The ratio of newly added charging points to new EV sales stands at 1:1.7, indicating that the current pace of charging infrastructure development is broadly sufficient to support the rapid expansion of the new energy vehicle market.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10