According to Bloomberg new energy financial research, if we want to achieve net zero emissions in 2050, it is estimated that the required cumulative global investment in charging stations will reach $1.6 trillion. Major countries and regions in Europe and the United States have successively issued capital subsidies and investment plans for the construction of charging facilities. Therefore, with the rapid increase of new energy vehicle sales, the overseas charging pile market is about to break out.

As part of the EU green agreement initiative, the European Commission plans to set stricter climate targets. In December last year, EU leaders expressed support for raising the emission reduction target of automobile emissions by at least 55% from the 1990 level by 2030. This revision is expected to be finalized in June this year. Stricter emission standards are bound to promote the development of new energy vehicles in Europe.

The new energy vehicle market in Europe has risen in the past two years. In the eight European countries, mainly Germany, France, Britain, Norway, Italy, Sweden, Spain and the Netherlands, the annual sales volume of new energy vehicles in 2021 was about 1.95 million, with a year-on-year increase of about 65%. The annual penetration rate of new energy vehicles was about 21%, and the annual market penetration rate of Norwegian new energy vehicles even reached 70%. From the analysis of major markets, except Italy and Spain, which are still at a market penetration rate of 10%, major countries have jumped to a market penetration rate of 20%; Sweden and Norway are two Nordic countries that directly achieve high penetration due to their relatively small base.

From the latest European new energy vehicle sales market, the nine European countries sold 126000 vehicles in February 2022, which was basically the same as the previous month, with a year-on-year increase of 31.4% and a penetration rate of 21%. It is estimated that the sales volume of new energy vehicles in Europe is expected to reach 3million in 2022, with a year-on-year growth rate of 46%, corresponding to the annual penetration rate of 30%. It is expected to reach 6million in 2025.

Among them, Germany took the lead in sales of 50000 vehicles in February this year, with a penetration rate of 24.9%. In February, the sales volume of new energy vehicles in Germany was 50000, with a year-on-year increase of 24.2%, a month on month increase of 25.4%, a penetration rate of 24.9%, and a year-on-year increase of 4.2pcts.

The German government recently officially announced that it will continue to provide 5.5 billion euros of funds for the charging infrastructure of electric vehicles in the future. These funds will continue to be provided until 2024 to support Germany's future core industries. German auto industry executives said the country's auto industry was ready to meet the stricter climate targets set by the European Commission. According to German media reports, German car companies believe that the improved acceptance of electric vehicles will help the country meet stricter emission limits.

To this end, the European Commission announced the fitfor55 environmental protection and emission reduction package. The European Commission asked Member States to speed up the construction of new energy vehicle infrastructure, and required member states to ensure that there is an electric vehicle charging station every 60 kilometers of main roads. According to the joint report of Ernst & Young and the European electricity industry trade association, 130million electric vehicles will be on the road in Europe by 2035. Ernst & Young estimates that, The infrastructure expansion in the next decade will cost about US $62billion, and another US $72billion will be required to install 56million household charging piles.

According to the latest statistics of the agency, about 445000 public charging piles have been installed in Europe in the last decade. In order to meet the demand in the future, by 2030, Europe will need to install 500000 public charging piles every year, and then 1million charging piles every year.

With the introduction of stronger incentive measures by European governments and the introduction of more electric vehicles by automobile companies to attract consumers, the EU has become the second largest new energy vehicle market in the world after China. After the substantial increase in the number of electric vehicles, automobile manufacturers began to worry about the shortage of charging piles, especially when Volkswagen, BMW and Volvo are accelerating their transformation to electric vehicles.

On the other side of the continent, the UK Transport Secretary also said: "we are very pleased with the transition of BP to clean energy. We will accelerate the goal of achieving net zero emissions and increase green jobs in the UK." BP said last month that it plans to halve its carbon emissions from operations by 2030, compared with the previous goal of reducing 30%-35%; The company's goal is to accelerate the achievement of the goal of zero net emissions by 2050. BP said it plans to invest 1billion pounds (about 1.32 billion US dollars) in the UK in the next decade to build an electric vehicle charging infrastructure to meet the country's growing demand for green energy.

Ireland, which is close to the UK, has previously said that in order to meet the government's carbon emission plan, it needs to provide 100000 fast charging piles for electric vehicles in the next eight years. If the Irish government hopes to achieve the goal of nearly 1million electric vehicles on the road by 2030, it will need to invest heavily in incentives and charging infrastructure. At present, 1900 charging piles have been installed in only 800 locations in the whole Irish island, and the number of electric vehicles driving on the road is 47000, which is also a huge growth space.

In terms of the sales market of new energy vehicles in the United States, in February 2022, 59554 new energy vehicles were sold in the U.S. market, with a year-on-year increase of 68.9% and a penetration rate of 5.66%. In the first two months, 112829 vehicles have been sold in the United States. In the United States, electric vehicles are becoming more and more accepted by consumers. According to Pew Research Center, one in four Americans said that it is "somewhat possible" to choose electric vehicles when buying a car next time.

On the other hand, with the rise of oil prices, more and more people began to buy new energy vehicles. On March 7, the average gasoline price in the United States rose to $4.10 per gallon, and the cost of filling a medium-sized gasoline vehicle exceeded $55; The cost of using a public fast charging pile to fully charge an electric vehicle of the same level is $20-45; Charging at home costs $16 or less. A Denver resident said, "electricity is cheaper at night. It only costs $2.60 to fully charge. Now that oil prices are soaring, does this price sound very attractive?"

At the same time, the charging infrastructure in the United States is rapidly improving. In February, 2022, the Biden government announced a plan to allocate nearly 5billion dollars to build thousands of electric vehicle charging stations within five years. In the documents of the government departments, it also pointed out that American States should give priority to investment in interstate highways. Charging facilities should be set every 50 miles of interstate highways. At the same time, the charging pile should not be more than 1 mile away from the highway. States should strive to build DC charging piles, Moreover, each charging station shall be equipped with at least 4 charging piles, which can meet the charging needs of four electric vehicles at the same time. 80% of the charging infrastructure cost shall be borne by the federal government. Moreover, on May 13 this year, the U.S. Department of transportation announced the national standard for electric vehicle charging piles to ensure that each installed charging pile can be used normally.

According to the latest foreign media reports, the US government regulators recently said that the US government may need more than 100000 charging piles to support the promotion of electric vehicles. As of March this year, the federal agencies have about 1100 charging piles, which is a huge gap. According to Biden's executive order, the light vehicles purchased by the government will achieve "zero emissions" by 2027. It is estimated that the U.S. government usually buys about 50000 vehicles a year, and a large number of charging piles need to be built to support the realization of this plan.

In addition, Canada, the United Kingdom, France, Spain, the Nordic countries and California all announced to gradually stop selling new fuel vehicles by 2040. According to the International Energy Agency, electric vehicles account for 9% of new car sales worldwide. Last year, 20% of the new cars sold in Europe were electric vehicles. Among many countries, Norway has the most generous incentives for electric vehicles, so that its electric vehicle sales account for 90% of new vehicle sales.

Even Japanese car companies whose sales of electric vehicles account for less than 1% are vigorously promoting the construction of charging facilities. According to the website of the Japan Broadcasting Association, Japanese consumers are paying more and more attention to electric vehicles, but the number of charging piles and long charging time limit the popularity of electric vehicles. For this reason, the number of Tesla super charging stations in Japan has increased by nearly 20 in the past year, reaching 46. In addition, Volkswagen Group plans to set up fast charging facilities at 250 sales points in Japan, accounting for about 70%. Toyota Motor Company also plans to set up chargers in all about 5000 sales points in Japan.

In the process of the development of electric vehicles in China, we recognize that charging infrastructure is an important guarantee for the travel of electric vehicles, and also an important support for promoting industrial development and promoting energy conservation and emission reduction.

At present, there is a huge market space for charging piles in Europe and the United States. On the basis of the small success of Chinese auto enterprises in "going out to sea", both traditional Chinese auto enterprises and new forces in car manufacturing are stepping up their offensive against the European and American markets. According to the data of China Automobile Association, China exported 310000 new energy vehicles in 2021, a year-on-year increase of 3 times. Riding the east wind of Chinese car enterprises going to sea, Chinese charging pile enterprises are also eager to try and will have great prospects.

Opportunities and challenges coexist, and technical strength is the key

It is understood that the vehicle testing standards and regulations in Europe are more stringent than those in the Chinese market, and need mature technical support. In order to gain recognition in overseas markets, Chinese pile enterprises need to provide after-sales services in many aspects, such as charging pile installation and parts maintenance. This requires that pile enterprises really have solid technology in order to stand firm.

In addition to facing fierce market competition, Chinese pile enterprises are also facing the competition for international standards of charging piles.

Using mature and advanced modern energy digital technology, quanxiangtong has been deeply involved in the field of charging and changing electricity, developing towards specialization, refinement, standardization and compatibility, breaking through the underlying application technology to achieve technological innovation, and providing pile enterprises and operators with the best new energy vehicle charging solution. Quanxiangtong actively participates in the development of charging pile industry together with industry partners to boost the development of new energy industry.