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Chinese government and auto makers are pushing hard to achieve countrywide mass adoption of electric vehicles. The Ministry Of Industry And Information Technology announced that there will be at least 500 thousand pure EV and PHEV on road by the end of 2015. And in 2020, the number will reach 5 million. Experts estimate that, within 10 years, China will become the biggest new energy vehicles market.
To support the access to widespread charging networks, China is also on track to lead deployment of electric vehicle infrastructure in the coming years. According to a new report released by Pike Research, more than 5 million charge points will be installed worldwide by 2015 bringing in nearly $6.5 billion in revenue, and nearly half of the equipment will be heading to China. From 2011 to 2015, SGCC, China’s largest power grid state company plans to build a total of 2,351 EV charging facilities and battery-swap stations, and 220,000 charging poles to meet the growing needs of the EV industry in the next five years.
Electric Vehicle Infrastructure China Summit 2011 will gather auto OEMs, electricity utilities, governments, battery developers, standardization bodies, consultants and technological solution providers together to share visions and insights on how to fully take advantage of the coming EV revolution in China, look into challenges and opportunities in this ever complicated new market from multiple perspectives. |