Private firms encouraged to further invest in nation's EV charging service

China's private sector has been playing a key role in expanding the country's public electric vehicle charging network, with private enterprises accounting for a significant share of the fast-growing market, according to the nation's top energy authority.

The National Energy Administration is encouraging private enterprises to participate in the battery services sector to meet the growing demand for EV charging, reducing the need for government funding and enabling a more market-driven approach.

As of early this year, there were more than 10,000 charging operators across the country, with private companies accounting for over 80 percent of large-scale operators — those managing more than 10,000 charging facilities — contributing to a more reliable and advanced charging network, the administration said.