The Industrial Structure and Operating Model of Emerging Electric Vehicle Charging Infrastructure in China

Abstract

Electric vehicle is very important for future China car industry. This essay analysis the current electric vehicle market in China by referring real-world example and demonstrating relevant figures. Finally, the essay reaches the conclusion that there is a huge change of electric vehicle in China, the integration of upstream and midstream becomes closer, and more innovation is occurring.

The application of renewable energy in transportation systems in China

“…While electric vehicles are effective in reducing greenhouse gas emissions, improving energy efficiency, and reducing noise pollution, China has a lower rate of electric vehicle adoption per person compared to other developed countries. China has 0.86 electric vehicles per 1000 people, whereas the United States has 2.3 electric vehicles per 1000 people [7].…”

“…From 2017 to 2020, the Chinese government implemented policies to decrease the subsidy granted by 20%, and plans to further reduce it by 40% in 2019 and 2020. The reduction in subsidies aims to control and stabilize the electric car market while implementing stringent standards and regulations for the future domestic market [7]. Concurrently, non-monetary measures were put into effect to provide financial and technological support to the market.…”