The 2024 Shanghai Energy Storage and Charging Exhibition was grandly held at the Shanghai Automobile Exhibition Center from May 22nd to 24th. With an exhibition area exceeding 35,000 square meters, it attracted over 600 exhibitors, covering the entire industry chain of energy storage and charging, including domestic and foreign energy storage and charging operators, DC charging piles, AC charging piles, and energy storage charging piles. This event is not only a showcase of technology but also a barometer of industry development trends.
At the policy level, the Chinese government has been actively promoting the development of the new energy vehicle industry and has issued a series of supportive policies. For example, the exemption policy for new energy vehicle purchase tax will continue until the end of 2027, with no vehicle purchase tax exemption from 2024 to 2025 and halved collection from 2026 to 2027. In addition, the State Council Office issued the "Guiding Opinions on Further Building a High-Quality Charging Infrastructure System," proposing to basically establish a high-quality charging infrastructure system covering a wide range, with appropriate scale, reasonable structure, and complete functions by 2030.
Image: Industry Barometer: 2024 Shanghai Energy Storage and Charging Exhibition
Technical Innovation and Market Potential
At the exhibition, many companies showcased their latest charging technologies and products. Star Charging introduced the Arctic Fourth-generation split-type liquid-cooled DC charging pile, which uses a new generation of fully liquid-cooled high-efficiency modules with a full load efficiency of up to 97%. Weir Energy also showcased an 800A high-speed liquid-cooled charging pile based on liquid-cooled ACDC technology, with a single-gun peak power of up to 800kW, dedicated to achieving ultra-fast charging experience.
With the vigorous development of the electric vehicle industry, the importance of charging and swapping in the electric vehicle field is becoming increasingly prominent. As the world's largest new energy vehicle market, China has a huge demand for charging infrastructure. According to forecasts, the market value of China's electric vehicle charging infrastructure will significantly increase in the next five years, with a compound annual growth rate of 38.85%.
International Cooperation and Industry Influence
As an international industry event, the Shanghai Energy Storage and Charging Exhibition has promoted exchanges and cooperation between domestic and foreign companies. The participation of international exhibitors has not only brought advanced technology and concepts but also provided opportunities for Chinese companies to learn and collaborate.
Conclusion and Outlook
The Shanghai Energy Storage and Charging Exhibition is an important event in the field of new energy vehicle charging infrastructure, showcasing the latest technology and products while promoting industry exchanges and cooperation. With continuous technological progress and rapid market development, charging infrastructure will become more perfect, providing solid support for the popularization of new energy vehicles. In the future, with the introduction of more innovative technologies and continuous policy support, China is expected to take a leading position in the global new energy vehicle charging infrastructure field.
