[Policy Update] China Unveils Three-Year Doubling Action Plan to improve EV Charging Facility Service Capacity

📰 News Highlight

On October 15, 2025, the National Development and Reform Commission (NDRC), along with five other ministries, jointly released the Action Plan for the Three-Year Doubling of Electric Vehicle Charging Facility Service Capacity (2025–2027). This ambitious plan aims to significantly enhance and expand China's EV charging service network, boost consumer confidence, and support the large-scale purchase and use of electric vehicles.

⚙️ Core Components

1️⃣ Upgrading Public Charging Networks

2️⃣ Enhancing Residential Charging Access

3️⃣ Scaling Vehicle-to-Grid (V2G) Integration

4️⃣ Improving Power Supply Capacity and Services

5️⃣ Enhancing Charging Operations and Service Quality

💡 Key Takeaways

1. Investment and Supply Chain Opportunity: The plan marks a new, massive wave of charging infrastructure construction. This signals significant investment and market growth opportunities for charging pile manufacturers, charging module suppliers, and operation service providers.

2. Shift to Quality and Efficiency: The focus is shifting from simply increasing the quantity of charging piles to improving the quality, power, and efficiency of the network (e.g., emphasis on DC fast charging and high-power charging).

3. Energy Integration and V2G: The formal promotion of Vehicle-Grid Interaction (VGI/V2G) and the push for smart, orderly charging indicate a strategic move to integrate EVs as a flexible energy resource into the new power system, offering new business models for operators.

[Market Update] CATL and JD Group Form Comprehensive Strategic Partnership to Pioneer New Industry Synergy Model

📰 News Highlight

Recently, Contemporary Amperex Technology Co., Limited (CATL) and JD Group signed a comprehensive strategic cooperation agreement. The partnership aims for deep collaboration across multiple sectors, including battery consumer market services, green logistics, smart logistics and zero-carbon industrial parks, digitalized industrial supply chains, and international business development.

💡 Key Takeaways

1. The future of logistics is electrified, data-driven, and ecosystem-based.

2. Energy storage and battery intelligence will be as essential to supply chains as automation once was.

3. Western companies may find inspiration (and competition) in how Chinese firms align industrial decarbonization with platform-scale innovation.

[Carbon Market]

During October 18 – October 22, the total transaction volume of Carbon Emission Allowances (CEA) in Chinese National Carbon Market reached 7,627,302 tons, with a total transaction value of USD 48,643,073.64. The highest price was USD 6.86/ton, and the lowest price was USD 5.35/ton. For bulk agreement transactions, the volume was 5,244,380 tons, with a transaction value of USD 34,103,852.45.