Charge & Swap Boom Drives EV Penetration（Sep 14）
Charging and Battery-Swapping Infrastructure Surges, Electric Vehicle Penetration Accelerates
Data shows that as of the end of July 2026, the total number of charging piles nationwide reached 23.683 million, a year-on-year increase of 41.9%. Among them, public piles numbered 5.099 million with a growth rate of 21.3%, while private piles reached 18.584 million with a growth rate as high as 48.8%. Private installation capacity reached 160 million kVA.
From "Adequate" to "User-Friendly"
Recent institutional research reports note that the growth rate of charging facilities continues to outpace the growth rate of EV ownership, indicating that the energy replenishment network is transitioning from "adequate" to "user-friendly," bolstering consumer confidence at the terminal level. The reports suggest that the average power per public pile is now nearly 50 kW, signifying a significant improvement in fast-charging capability. Combined with high private pile penetration, this will effectively alleviate range anxiety.
Beneficiaries and Future Outlook
The reports note that the acceleration of infrastructure development directly benefits equipment manufacturers, operation service providers, and grid-related enterprises. Companies with modular fast-charging technology or localized operational capabilities are expected to benefit first. In the medium to long term, the pace of deployment for vehicle-to-grid (V2G) and integrated solar-storage-charging scenarios will also accelerate.
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