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China to Build EV Charging Infrastructure in Guangdong Province

China: In order to encourage the application of electric vehicles, the Guangdong National Development and Reform Commission, planned to implement an investment of about USD7.72 billion in the Electric Vehicle (EV) Charging Infrastructure of Guangdong, under 13th Five Year Plan (2016-2020). The aim of Guangdong 13th Five Year Plan (2016-2020) focuses on constructing almost 1490 centralized charging stations around the entire province by the end of 2020. Out of 1490 charging stations, 590 stations are for buses, 330 for public usage, 300 for special vehicles used for environmental sanitation and logistics, 170 for taxis, 100 intercity quick charging stations built in for highway service areas.

As per the Deputy Director of Guangdong National Development and Reform Commission, Wu Daowen, there were nearly 298 charging stations and 22,600 distributed charging piles, mainly across the Pearl River Delta region, in 2015.

With a vision to encourage the power battery output by almost USD 6.12 billion and Electric Vehicle output by about USD 32.05 billion, Guangdong province decided to capitalize a sum of USD7.72 billion in building charging infrastructures under 13th Five Year Plan. The electric vehicle charging of Guangdong province is estimated to be more than 12 billion KWH, which consequently, reduces the usage of alternate fuels by over 3.1 million tons and carbon dioxide emission by over 1.4 million tons. On the other hand, Guangzhou, the largest city of Guangdong province, is scheduled to incorporate a total of 29 EV charging stations and 27,000 charging posts for public, under 13th Five Year Plan.

As per TechSci Research, China ranks among the top countries to plan and implement the usage of electric vehicles, across the globe. Besides, a huge production of electric vehicles in the country, China also supports a wide automotive fleet of electric vehicles, including buses in the nation. With the plan of developing 590 charging stations for buses in Guangdong province, the government of the country, in on the path of promoting EV buses penetration in the region.

According to a recent report published by TechSci Research, “Global Electric & Hybrid Electric Buses Market By Vehicle Type (Light Duty Electric and Hybrid Electric Bus, and Heavy Duty Electric and Hybrid Electric Bus), By Technology, Competition Forecast and Opportunities, 2011-2021’’, global market for electric & hybrid electric bus is projected to grow at a CAGR of 17% during 2016 - 2021. Hybrid electric buses accounted for majority of the market share in 2015, however, sales of pure electric buses are expected to grow at a faster pace over the next five years. Moreover, the market is forecast to witness significantly higher sales of heavy duty electric & hybrid buses over the course of next five years compared to light duty variants. In 2015, a major share in global demand for electric & hybrid electric buses was accounted for by China, predominantly on account of majority of the major electric & hybrid electric bus manufacturers such as BYD Company, Zhengzhou Yutong Bus, Zhongtong Bus & Holding, Xiamen King Long United Automotive Industry and Shenzhen Wuzhoulong Motors being Chinese electric & hybrid bus manufacturers.

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