Published on May 11th, 2020 | by Steve Hanley0
China Invests In EV Charging Infrastructure To Offset Coronavirus Economic Slump
May 11th, 2020 by Steve Hanley
The response by the Chinese and US governments to the economic slowdown caused by the coronavirus could not be more different. The US is shoveling truckloads of taxpayer money to wealthy corporations, especially oil and gas companies. China is investing in EV charging infrastructure.
Between now and the end of the year, China will spend almost $1.5 billion to install 200,000 EV chargers throughout the country, 20,000 of which will be public chargers, according to the National Development and Reform Commission. It’s all part of a plan to stimulate China’s economy after the coronavirus shutdown with more infrastructure investment in EV charging, ultra high voltage electrical grids, intercity transit systems, and 5G technology.
That last part is important because the EV chargers that will be installed can accumulate a large amount of data. Sun Huifeng, president of CCID Consulting, tells China Daily the data can be used to improve the charging experience for EV owners. “For example, they can offer battery information, user habits, vehicle location and other data. With such data, services including secondhand car evaluation and user portraits can be further expanded.”
Ouyang Minggao, of the Chinese Academy of Sciences, says, “Building more charging piles will increase convenience for charging cars and greatly alleviate customers’ range anxiety. It will also help better popularize new energy vehicles.”
State Grid Corp of China, a State-owned electric utility, will play a key role in the EV charging expansion. It says it will invest $383 million to install up to 78,000 chargers in 24 provinces and municipalities, including Beijing, Tianjin, Jiangsu province as well as Qinghai province in northwestern China. 53,000 chargers will be located in residential areas while 18,000 will be for public use.
“The move is expected to boost the revenue from sales of new energy vehicles by over 20 billion yuan and foster the production of power products and components, as well as upstream and downstream industries of NEVs,” said Wang Yanfang, a State Grid spokesperson.
WiTricity Leads In Wireless Charging In China
WiTricity announced this week that its patented wireless charging technology has been adopted by the Chinese government as the industry standard for the country. “It’s a significant milestone for WiTricity to have our patented wireless charging technology embraced in the Chinese GB national standard. China is the world’s largest EV market, the global EV trend setter, and a key market for WiTricity,” says CEO Alex Gruzen in a press release. “We are proud of the work we’ve done in China to make EV ownership more appealing to everyone with our hands free wireless charging.”
Having a nationwide standard in place allows auto manufacturers to invest in wireless charging capability for their electric cars knowing that what works in Shanghai will work in Shenzhen as well. Wireless charging may be just the added extra benefit needed to convince more new car buyers to consider the purchase of an electric vehicle.
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