CleanTechnica is the #1 cleantech-focused
website
 in the world. Subscribe today!


Cars Image Credit: Flag of China on Yangtze River via Shutterstock.

Published on August 28th, 2014 | by James Ayre

6

China Considering $16 Billion For New EV Charging Infrastructure

Share on Google+Share on RedditShare on StumbleUponTweet about this on TwitterShare on LinkedInShare on FacebookPin on PinterestDigg thisShare on TumblrBuffer this pageEmail this to someone

August 28th, 2014 by  

China’s fledging EV charging infrastructure may soon be getting a huge boost, based on recent rumblings in the industry. Reportedly, the Chinese government is considering providing as much as 100 billion yuan ($16 billion) in funding to help the expansion of the country’s — currently quite limited — charging infrastructure.

According to the rumors, an announcement should be forthcoming relatively soon — with the specifics of the policies involved. Presumably, one of the main motives behind the funding will be to increase the rate of EV adoption in the country. Something which the Chinese government has been working on for a few years now.

Given that the country is actually home to a number of notable EV companies — perhaps the most notable of which is BYD — the move seems timely, especially as a means to help address the monumental air pollution problem that the country is facing.

Image Credit: Flag of China on Yangtze River via Shutterstock.

Image Credit: Flag of China on Yangtze River via Shutterstock.


 

“Charging infrastructure and EV growth is a chicken-and-egg situation,” stated Ashvin Chotai, managing director of researcher Intelligence Automotive Asia. “It’s got to be a gradual process to scale up both EV sales as well as charging infrastructure.”

Bloomberg provides more on related initiatives:

Among recent government initiatives, China will exempt new energy vehicles — defined as electric cars, plug-in hybrids and fuel-cell vehicles — from a purchase tax starting next month, and has ordered government departments to buy such vehicles for their official fleets.

Supporting a strategic and emerging industry like new-energy vehicles is a “win-win” for industrial development and environmental protection, the central government said last month in the statement announcing the waiver of the purchase tax. Developing new-energy autos is important for spurring innovation, promoting energy savings and reductions in emissions, and will help to drive domestic demand and nurture new avenues of growth, according to the notice.

As per the most recent announcement, China’s central government is currently aiming for EVs to makeup about (at least) 30% of government vehicle purchases by 2016.

Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.

Share on Google+Share on RedditShare on StumbleUponTweet about this on TwitterShare on LinkedInShare on FacebookPin on PinterestDigg thisShare on TumblrBuffer this pageEmail this to someone

Tags: , ,


About the Author

's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy. You can follow his work on Google+.



  • JamesWimberley

    You quote Mr. Chotal: ““Charging infrastructure and EV growth is a chicken-and-egg situation… It’s got to be a gradual process to scale up both EV sales as well as charging infrastructure.” He got it right first time. You need a large charging infrastructure before many buyers will bite. This is a perfectly correct pump-priming decision by the Chinese government, following the French announcement. Both have ev makers to support, but so what. Neither, observe, are wasting time and public money on hydrogen, as California is doing.

    • Bob_Wallace

      We know the egg came first, so get on with charging infrastructure.

      I get a feeling that China is about to shake things up in the EV world.

      • Calamity_Jean

        “I get a feeling that China is about to shake things up in the EV world.”

        From your keyboard to FSM’s inbox!

        • dxing

          Shaking up the EV world is incorrect, rocking and rolling is more like it

          Chinese sales of electric vehicles are on a meteoric rise up 280% for the first 6 months, China is pulling out all the stops to get EV industry going, mandated 30% of government cars must be clean energy, 10% reduction in VAT Tax and very generous subsidies.

          China is focusing on reducing pollution, but the big
          “ulterior”:) motive in the end is to dominate the EV market, and not just in China, but worldwide, and dominating the EV market means dominating the entire worldwide auto market. After 2016, EVs will start making massive Million unit inroads and another 3-4 years as cheaper batteries take hold, EVs will turn into just “Cars” and cars will turn into “Gas powered”. Same as what happened with Solar panels.

          China has already moved on from it’s old “traditional” economy based on exporting Wallmart stuff to high tech goods with companies like BGI Genetics, Xiaomi, Huawei,ZTE, Rockchip, Alibaba, in fields like Genetics, Software,Internet, Power machinery, Electronics, Processor
          chips etc. And now EVs can be added to that list.

          Hon Hai Precision Industries AKA Foxconn just announced it will create an EV rental service with 10,000 fleet vehicles in Beijing and Hangzhou.
          BYD, just launched the new Denza EV sedan in partnership with Diamler Benz, and just signed an agreement with ABB to build out the Home and street Charging Infrastructure
          Fisker owners can now buy spare parts as part of Wanxiang’s Karma reboot, and new Karma release slated for 2015.
          BYD also plans to target China’s local Delivery truck market, as will Wanxiang
          Not to be outdone FAW Corp-VW released their Besturn and Vita series EVs with an Aggressive plan to capture
          large market share.
          Dongfeng/Nissan released Venucia EV sedan.
          BAIC released their EV150 sedan
          China just contracted with LG Chem for Gigafactory scale battery plant
          Boston Power received funding for 400 MW battery plant

          All told there are probably over 20 EV models Out or in introduction in China with the Foton, Geely, Changan among the upstarts.

          I suspect there will be more EV/Plugin news coming out of China soon than the rest of the world(ie Tesla!).

          • Calamity_Jean

            The US had better get to work, or China will become the world’s leading superpower.

  • Matt

    Off topic, but on point. If you don’t live too far from NYC then you should really consider being there on 9/21
    http://peoplesclimate.org/march/?r=350

Back to Top ↑