About the Electric Vehicle Charging Station Market in China
China has been aggressive in its efforts to promote EV adoption, primarily to cope with the growing pollution scenario. China was placed at the top of the inations with the most carbon dioxide emissions in 2011. China’s tremendous economic growth has been riding on the country’s manufacturing sector, which has been a key contributor to the emissions. Apart from the manufacturing sector, industrial segments such as thermal power plants have also contributed largely to the country’s carbon emissions. The share of the transportation sector in carbon emissions has increased significantly in the past two decades.
Technavio’s analysts forecast the electric vehicle charging station market in China to grow at a CAGR of 115.84% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the electric vehicle charging station market in China for 2016-2020.
In order to arrive at the market size, we have considered the total installed EV charging units. The report considers the different modes of charging. For market size calculation, the report considers the total stock of electric cars and buses in China. There is another category of EVs, which are the “low-speed EVs”. This category of cars was not considered since they are not recognized by China’s central government and are not counted in the official automotive statistics.
The market is divided into the following segments based on cities:
• Hong Kong
Technavio's report, Electric Vehicle Charging Station Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The...