Market size and demand growth EVs popularization demand

As the timetable for banning the sale of fuel vehicles in countries around the world advances, the sales of new energy vehicles continue to grow, and charging piles as infrastructure will see a simultaneous explosion in demand.

Technology development trend High-power fast charging technology: Fast charging technology is the mainstream direction in the future, especially ultra-fast charging technology of 350kW and above, which can charge 80% of the power for electric vehicles in 10-15 minutes. Car companies (such as Tesla and Weilai) and charging pile companies (such as Teladian and Xingxing Charging) are accelerating the layout of ultra-fast charging networks. Wireless charging technology: Wireless charging technology is gradually maturing and may be first used in specific scenarios (such as taxis and buses) in the future.

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