The production and sales of new energy vehicles continue to rise, and the bottleneck of charging facilities needs to be broken through

According to the latest release of automobile production and sales data, in October, China's new energy vehicles produced 36,494 units and sold 34,316 units, an increase of 4.
2 times and 5.
0 times year-on-year, respectively, once again greatly exceeding market expectations
.
In this context, the annual sales of new energy vehicles are expected to continue to rise
.

The centralized release of upstream lithium battery production capacity has also laid the foundation
for the rapid expansion of new energy vehicles.
In the second half of last year, BYD's dual-mode hybrid model "Qin" was in short supply
.
BYD Chairman Wang Chuanfu said at the time that BYD "Qin" did not dare to boldly plan in terms of production capacity, and the battery became the bottleneck
of Qin's model production capacity.
In order to break through this bottleneck, BYD plans to invest 6 billion yuan
to raise funds.
After the completion of the project, the new power battery production capacity will be 6Gwh/year, all of which will be used to meet the needs
of BYD's new energy vehicle production.
In addition to BYD, since the beginning of this year, listed companies such as Del Home, Chengfei Integration, Shuguang Shares, and Shanshan Shares have also increased their investment in power lithium batteries through fixed increase, and the total amount of funds raised has exceeded 50 billion yuan, becoming the most intensive field
of listed companies this year.

Industry insiders believe that the explosive growth of new energy vehicle sales, in addition to the continuous promotion of policies, the driving role of independent demand is also gradually germinating, policy support and independent demand form a two-wheel drive, so that the new energy vehicle market is continuously optimistic
.
In particular, independent demand is expected to help the new energy vehicle market pass the policy introduction period ahead of schedule and become the main driving force
for the rapid growth of the new energy vehicle market in the future.
However, compared with the explosive growth of the new energy vehicle market, the lack of downstream charging pile facilities is still a major bottleneck
restricting the promotion of new energy vehicles.
According to the plan, by 2020, the number of domestic charging and swapping stations will reach 12,000, and the number of charging piles will reach 4.
5 million
.
In 2014, China only built 723 charging stations and 28,000
charging piles.