Core Insights - The total number of electric vehicle charging infrastructure in China reached 18.063 million by the end of September, marking a year-on-year growth of 54.5% [1] - The government aims to build 28 million charging facilities by the end of 2027, providing over 300 million kilowatts of public charging capacity to meet the demand of more than 80 million electric vehicles [1][2] - The development strategy focuses on spatial balance and structural optimization, ensuring full coverage of public charging facilities in rural areas while addressing the rapid charging needs in urban hotspots and intercity travel [1][2] Summary by Sections Charging Infrastructure Growth - The number of public charging facilities reached 4.476 million, a year-on-year increase of 40%, while private charging facilities totaled 13.587 million, growing by 60% [1] - China has established the largest and most extensive charging service network globally, with rapid construction driven by supportive policies and industry efforts [1] Policy and Future Plans - The "Three-Year Doubling" action plan aims to significantly enhance charging service capabilities, reflecting China's commitment to upgrading charging infrastructure to drive green transformation [1][2] - The plan includes the addition of 5,000 bidirectional charging facilities to facilitate vehicle-to-grid (V2G) interactions, providing opportunities for electric vehicles to participate in grid balancing [2] Development Strategy - The strategy emphasizes a "precise drip irrigation" approach to layout, complementing the trends of improving public charging quality and increasing private charging quantity [2] - The transition from 18.063 million to 28 million charging facilities represents not only a numerical leap but also a transformation in development methods, paving the way for a comprehensive and efficient charging system [2]