新能源板块行业周报：欧美充电桩景气度持续，直流占比提升明显

Investment Rating - The report maintains a positive outlook on the charging pole sector, particularly in the overseas expansion of charging infrastructure [5][17]. Core Insights - The charging pole market in the USA and Europe is experiencing significant growth, with the USA adding 37,000 public charging poles in the first 11 months of 2024, a 23.3% year-on-year increase [2][5]. - The charging utilization rates are improving, especially for DC fast chargers, with utilization rates in the USA rising from 12.9% to 17.1% from July 2023 to June 2024 [3][14]. - The European market also shows growth, with 163,000 public charging poles added in the first three quarters of 2024, a 12.2% year-on-year increase [4][15]. - The report highlights a significant gap in charging resources in the USA and Europe, indicating a strong potential for future growth in the sector [5][16]. Summary by Sections USA Charging Infrastructure - As of November 30, 2024, the USA had a total of 205,000 public charging poles, with 20,000 being private [2][13]. - The number of DC fast chargers added in 2024 reached 12,000, marking a 30.8% year-on-year increase [2][13]. - The charging utilization rates for L2 and DC fast chargers have shown regional disparities, with New Jersey and Nevada achieving utilization rates of 27% [3][14]. European Charging Infrastructure - The EU's total public charging pole count reached 795,000 by Q3 2024, with 676,000 being AC and 120,000 DC [4][15]. - In Q3 2024, the EU added 27,000 new public charging poles, although this represented a 41.9% year-on-year decrease [4][15]. - The growth in DC charging poles in Europe is notable, with a 43.7% year-on-year increase in the first three quarters of 2024 [4][15]. Market Potential and Investment Opportunities - The report emphasizes the high growth potential of the charging pole sector, driven by increasing electric vehicle adoption and infrastructure development [5][16]. - Companies with a focus on overseas expansion and high DC charging share are recommended for investment, including Autel Intelligent Technology and Shenzhen Sinexcel Electric [5][17].