Shanghai (ZXZC)- China's National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) issued earlier this week a document saying the central government will support Shenzhen in constructing and operating new-type integrated infrastructures for NEV charging, discharging, battery swapping, and energy storage under a uniform planning.

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As one of the four first-tier cities in China, Shenzhen is expected to ease market assess in a bid to help promote reform and opening up for the Guangdong-Hong Kong-Macao Greater Bay Area.

The paper also states Shenzhen will be encouraged to speed up the deployment of fast EV charging and battery swapping facilities at rest stops along trunk highways, and boost the building of centralized EV charging and battery swapping equipment at parking places in urban areas, industrial parks, scenic spots as well as public services areas.

Moreover, relevant companies in Shenzhen will be encouraged to carry out pilot projects for the innovation in business models about EV charging and battery swapping businesses. Power grid firms, NEV manufacturers, power battery producers, as well as companies in such industries as traffic, real estate, and property will be supported in investing in and building operation companies using market-oriented methods, and improving the operational efficiency of EV charging and battery swap businesses.