Recently, global market research company ResearchAndMarkets released a "Global Electric Vehicle Charging Station Market Forecast Report 2023". According to the report, the EV charging market is expected to grow from $5.3 billion in 2018 to $30.41 billion in 2023.

This report, written in 2018, is a medium-term outlook for the global charging station market from 2018 to 2023, and four years later, looking back at the report's forecast is too "optimistic".

Although the growth of global new energy vehicle sales exceeds expectations, but the supporting charging infrastructure represented by charging piles, Europe and the United States have fallen into a serious shortage of situation, if there is no China's charging pile manufacturing capacity output, the popularity of new energy vehicles in Europe and the United States may be more distant. China's automobile industry and Tesla are the real promoters of the global new energy vehicle transformation.

Overseas charging pile construction is far behind the growth of new energy vehicles, charging pile construction can be combined with parking facilities, seemingly not difficult, but behind the need for a strong power grid, that is, power infrastructure, which is one of the important reasons that limit the construction of public charging piles in most overseas countries. Thanks to early policy guidance, China's charging infrastructure is the first in the world. With the first-mover advantage and scale advantage, China is completely independent and controllable in the field of charging stations, and the price advantage is obvious.

In general, the overseas charging infrastructure is relatively lagging behind, and the supporting industrial chain is not mature enough, but the construction investment has been increased in recent times. China benefits from policy guidance, the most complete charging infrastructure, supporting the rapid growth of new energy vehicle sales, and whether it is AC or DC charging facilities independent controllable, but also make China's industrial chain have a global competitive advantage.