Caixin
Mar 16, 2022 08:36 PM
TECH

Charging Pile Operators Stuck in Slow Lane Despite Surge in Electric Vehicles

An electrical vehicle charges up in May in Qingdao, East China’s Shandong province. Photo: VCG
An electrical vehicle charges up in May in Qingdao, East China’s Shandong province. Photo: VCG

Charging pile operators in China are finding it hard to make money from the business, as private car owners tend to use chargers provided by the automakers and battery-swapping technology starts to gain traction, according to industry insiders.

Along with an explosion in the sales of electric vehicles (EV) in recent years, companies have raced to roll out charging stations across China as the country aims to improve its EV charging infrastructure.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS
Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe
00:00
00:00/00:00