Shanghai (ZXZC)- Recently, State Grid Corporation of China released the construction plan of charging piles under the "New Infrastructure" projects. 2.7 billion yuan will be invested to build 78,000 new charging piles, including 53,000 for residential areas, 18,000 for public use and 7,000 for special use.

In this context, Shanghai starts constructing the second phase of charging station project of Caolu bus parking lot. According to the plan, 162 charging terminals will be added to the project, which can serve 162 electric buses at the same time. Considering the 204 parking spaces in the first phase of the charging station, the parking lot can serve 366 electric buses at the same time, totally meeting the use requirements of green buses in Caolu parking lot. At present, the parking lot charges up 28,200 KWH per day and more than 10 million KWH throughout the year.

According to State Grid Shanghai Municipal Electric Power Company, this year, Shanghai plans to add more than 3,000 new charging facilities, to build 2-kilometer quick charging circles in major urban areas, and realize the full coverage of charging stations in expressway service areas. The data shows that Shanghai has one charging pile for every 1.07 vehicles in terms of vehicle- pile ratio, which is higher than the national average of 3.29.

By the end of 2019, China was in possession of about 1.22 million charging piles, including 520,000 for public use and 700,000 for private use, covering 404 cities across the country, and making it the largest network of charging facilities in the world.

According to data released by the NDRC, the investment scale in charging pile construction is expected to reach RMB 10 billion in 2020. Besides, the number of charging piles will increase 50% by 600,000, of which about 200,000 for public use and 400,000 for private use.

In addition to the State Grid, many enterprises, such as TELD, Star Charge and so on, are gradually increasing investment in charging pile infrastructure. If all the investment projects can be implemented smoothly, about 1.8 million charging piles will be built across the country by the end of 2020.