Core Insights - The National Energy Administration is actively promoting the construction of charging infrastructure to meet the electricity demand from the increasing adoption of electric vehicles in households [1] - As of the end of July, the number of charging facilities in China reached 16.696 million, which is ten times the number at the end of the 13th Five-Year Plan, making it a global leader in scale [1] - The National Energy Administration encourages the use of green vehicles and green electricity through green certificates and electricity trading, providing green electricity services to electric vehicle owners [1] - Initiatives are being organized in relevant provinces to conduct pilot projects for vehicle-grid interaction, allowing electric vehicles to act as "mobile power banks" to support peak shaving and valley filling in electricity consumption [1] - More than half of the world's electric vehicles are currently operating in China, indicating a deep-rooted concept of green and low-carbon travel and energy consumption among the public [1]