Energy storage charging pile subsidy

Does the EV industry need a charging pile?

Despite the slowdown of EV financial subsidies, policy support for the EV industry has not disappeared, but the focus has shifted to infrastructure construction, and the construction of charging pile networks is one of the key points.

Does policy support the charging pile industry?

The rapid development of the charging pile industry is inseparable from policy support. In September 2015, the General Office of the State Council issued the Guiding Opinions on Accelerating the Construction of Electric Vehicle Charging Infrastructure, which for the first time clarified the policy direction of the charging pile industry.

How has the construction of public charging piles accelerated in 2019?

With the subsidy for new energy vehicle purchases subsiding, the construction of public charging piles has accelerated after the second half of 2019. The AC pile technology has developed more maturely, the market is relatively stable and the DC pile is still developing in the direction of greater power.

How EV charging infrastructure will be subsidized in China?

Those financial subsidies will be converted to support the construction and operation of charging infrastructure. Thus far, most provinces and cities in China have issued subsidy policies for the construction and operation of EV charging facilities to guide the construction and operation of local charging piles effectively.

Does public attention play a nexus role in EV and charging piles deployment?

Five policies related to EV charging piles, EV purchase subsidies, commercial land prices, and retail gasoline prices are controlled as exogenous variables in the model. The results indicate that EV and charging piles diffusion do interact, and public attention plays a nexus role in EV and charging piles deployment.

Do direct-current charging piles increase EV sales?

The promotion effect of direct-current charging piles on EV sales is twice that of alternating-current charging piles in the one-year simulation of our model. Increasing the number of EV charging piles has a significant impact on battery electric vehicle sales but not on plug-in hybrid electric vehicle sales. 1. Introduction