2 1 Shi Ji Jing Ji Bao Dao·2025-10-16 23:21Core Viewpoint - The recent surge in A-share charging pile industry stocks is driven by the release of the "Three-Year Doubling Action Plan for Electric Vehicle Charging Facilities" by the National Development and Reform Commission and other departments, aiming to significantly increase charging infrastructure by 2027 [1][3]. Industry Growth and Demand - The next three years are critical for the rapid growth of China's new energy vehicles, with charging demand expected to increase significantly and diversify [2]. - The plan aims to enhance the charging network, improve efficiency, and optimize service quality to boost consumer confidence and support the high-quality development of the new energy vehicle industry [3]. Current Infrastructure Status - China has built the world's largest electric vehicle charging network, with over 300,000 public charging stations, a 303% increase since 2021, which is three times the number of gas stations [3]. - The existing 17 million charging piles support the charging needs of 50 million new energy vehicles, while the plan includes adding 11 million charging facilities to accommodate an additional 30 million vehicles over the next three years [4]. Challenges and Solutions - The industry faces issues such as uneven distribution of charging networks, insufficient service in residential areas, and the need for improved operational management [3][5]. - The plan addresses these challenges by proposing the construction of a comprehensive urban charging network and upgrading existing facilities, including the addition of 1.4 million direct current charging guns in rural areas by 2027 [6][7]. Technological and Market Trends - The charging industry is transitioning from merely having infrastructure to ensuring high-quality services, with a focus on upgrading technology and service quality [8]. - The charging module, which constitutes about 50% of the hardware cost of charging piles, is a key area for technological advancement and value creation [8]. Pricing Dynamics - A price war in the charging pile industry is intensifying, necessitating a shift from price competition to value-driven strategies [9]. - The price of charging modules is projected to drop significantly, with a nearly 40% decrease expected from early 2024 to the end of the year [10].