New pricing system for electric vehicles’ power supply to be worked out
September 29, 2011 Category Automotive, Automotive Metals & Minerals
A new electricity pricing system for electric vehicles is likely to be established in pilot cities to boost China’s new-energy vehicle industry. New-energy vehicles will become big electricity consumers and provide a potential market for power companies’ future operations, Li Ying, Chief Economist of the State Grid Energy Research Institute, told China Daily. “A new category for electricity use might be developed for new-energy vehicles,” besides those for residential, agricultural and industrial users. Charging costs would be kept below those for petroleum products to maintain the competitiveness of electric vehicles. State Grid Corp of China plans to build 1,700 charging stations and 3 million charging poles by the end of 2015. Potevio, a state-owned telecommunication equipment maker is working with the authorities in Shenzhen to gather data to support the design of a pricing system. Potevio has built 57 power charging-switching stations in Shenzhen, with 850 charging positions.
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