Global perspective: the European and American markets are flexible in terms of volume and profit, and domestic pile enterprises are just in time to go abroad

United States: The charging piles in the United States are divided into public charging piles and private charging piles according to the installation location, and are divided into L1, L2 and DC fast charging according to the charging level. Currently, the charging piles in the United States are dominated by L2, and L2 will account for 80% of the public charging piles in 2021. According to AFDC data, by the end of 2021, the number of charging piles in the United States will reach 133000, with a vehicle pile ratio of 15.3:1. Compared with the 3:1 ratio in China, the number of charging piles in the United States will be even more scarce. Volume: According to marklines data, the penetration rate of new energy vehicles in the United States will be only 4.4% in 2021, and the sales volume of new energy vehicles will be 610000. With the accelerated growth of the penetration rate of new energy vehicles in the United States, we expect that the sales volume of new energy vehicles will reach 4.73 million in 2025, the ownership of new energy vehicles will reach 11 million, and the vehicle pile ratio will reach 14:1. Then the ownership of charging piles will reach 786000, corresponding to the sales volume of charging piles in 2021-2025: 22000, 46000 129000, 191000 and 287000, with a compound growth rate of 90.1% in four years.

Europe: at present, Europe is dominated by AC slow charging piles below 22kW, and the proportion of DC fast charging piles has increased; According to IEA statistics, in 2021, the number of new energy vehicles in Europe will be 5.46 million, and the number of public charging piles will be 356000, with a corresponding vehicle pile ratio of 15.3:1. Volume: According to ACEA data, the penetration rate of new energy vehicles in Europe will reach 19.20% in 2021. With the accelerated penetration of new energy vehicles in Europe, we predict that the number of new energy vehicles in Europe will reach 17.5 million in 2025. Assuming that the ratio of public vehicles to piles will reach 13:1 in 2025, the number of public charging piles will reach 1.346 million in 2025, and the corresponding sales volume of public charging piles in 2021-2025 will be 83000, 135000, 210000, 222000 and 422000 respectively, The compound growth rate in four years reached 50.1%.