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中信证券:充电设施三年倍增方案发布 看好行业长期发展价值
Zhi Tong Cai Jing·2025-10-20 01:47

Core Viewpoint - The National Development and Reform Commission (NDRC) and the National Energy Administration, along with six other departments, have released the "Three-Year Doubling Action Plan for Electric Vehicle Charging Infrastructure Service Capacity (2025-2027)", aiming to establish 28 million charging facilities nationwide by the end of 2027, with a focus on promoting new operational ecosystems and supporting leading operators and equipment manufacturers in the industry [1][6]. Summary by Sections Event - The NDRC and six departments have published the "Three-Year Doubling Action Plan for Electric Vehicle Charging Infrastructure Service Capacity (2025-2027)" [1]. Quantity Goals - The plan sets a clear target to build 28 million charging facilities and add 1.6 million DC charging guns in urban areas, including 100,000 high-power charging guns, providing over 300 million kilowatts of public charging capacity to meet the charging needs of over 80 million electric vehicles, effectively doubling the charging service capacity [2]. Community Charging Responsibility - The plan promotes a "unified planning, construction, and operation" model for community charging facilities, aiming to create 1,000 pilot communities by the end of 2027, addressing issues such as limited charging points and long application processes for residents [3]. Vehicle-Grid Interaction - The plan aims to expand the scale of vehicle-grid interaction pilot projects, with a target of adding over 5,000 bidirectional charging (V2G) facilities and achieving a reverse discharge volume of over 20 million kilowatt-hours by the end of 2027, indicating a gradual optimization of V2G business models [4]. Investment Strategy - The policy goals are viewed as relatively moderate and prudent, solidifying the targets for charging infrastructure construction over the next two years and providing support for various new operational ecosystems, highlighting the long-term development value of the industry [6].