Overseas demand soared 218%! Charging pile into a new export blue ocean, where is the plastic market opportunity?

The latest figures show that the number of new energy vehicles exported from January to March reached 248,000 units, a year-on-year increase of 110%. New energy vehicles have become the mainstream trend and future development direction of the market. With sales of new energy vehicles soaring and supporting charging facilities becoming a new blue ocean for export, overseas demand for charging posts for new energy vehicles even soared 218 percent in March. Billions of market to be erupted, domestic charging pile enterprises are accelerating to go to sea, and the charging pile material for the vast majority of rubber and plastic products, suitable for new energy vehicle charging pile with high performance, low cost, safe insulation material will become the market development trend, PA, PC, ABS and modified plastics and other related raw materials demand is expected to take the Dongfeng

China exported 679,000 new energy vehicles in 2022, up 1.2 times year-on-year, according to the China Association of Automobile Manufacturers. After entering 2023, China's new energy vehicles "go to sea" and speed up again. From January to March, the export volume reached 248,000 units, with a year-on-year increase of 110%. Thus, if according to this momentum, the export volume of new energy vehicles in 2023 should break through the million mark, along with our new energy vehicles "to sea" speed up, charging pile foreign trade export is also extremely popular. It is reported that charging piles for new energy vehicles have become the highest conversion rate of foreign trade goods on Alibaba International Station, and overseas demand even soared 218% in March

At the same time, the charging pile export has become one of the "Top ten digital foreign trade industrial belts" in Shenzhen's new energy industry. In addition, according to the data of the industry association, the cumulative production and sales of new energy vehicles in the first quarter of China completed 1.65 million and 1.586 million respectively, with year-on-year growth of 27.7% and 26.2%, and the market share reached 26.1%. Passenger Federation data show that the wholesale volume of domestic new energy passenger vehicles reached 617,000 units in March, with a year-on-year growth of 35.2% and a quarter-on-quarter growth of 24.5%. Especially in Europe and the United States, the two major automobile markets are also accelerating the switch to the new energy vehicle market, which provides more market opportunities for China's charging piling export. The United Kingdom, Germany, Ireland, the United States, and New Zealand are the top five hot search countries for charging piles. If the installation cost and labor cost are taken into account, the investment cost of charging pile construction in Europe and America will be higher. Moreover, technology iteration of overseas charging pile products is slow, and domestic charging pile enterprises have the dual advantages of price and technology. Most materials of charging pile are rubber and plastic products, and the shell of charging pile and charging gun are generally modified plastic materials with flame retardant, weather resistance and low temperature resistance. More commonly used for PC, halogen-free flame retardant PC/ABS alloy material. Plug and socket materials will generally use PET, PA66 series modified plastic materials. The materials for power module shell and internal circuit control system are generally modified PA materials with good physical properties, high temperature resistance, stable size and color and good laser marking effect. In addition, TPE, TPU and other thermoplastic elastomer materials are also involved in the new energy vehicle charging pile shell prepared by modified PP, which can not only help offset the vibration generated in the moving process, improve its seismic performance, expand the range of use of the new energy vehicle charging pile, but also better maintain the stability of the new energy vehicle charging pile in the charging process. Effectively reduce the damage caused by the impact of charging pile, improve the stability of the new energy vehicle charging pile