Electronic Vehicles & Battery (Guangzhou, Shenzhen, Shantou)

GBA is a hub for Electronic Vehicle (EV) manufacturing and energy storage. It is a region that has built hundreds of thousands of public charging points — the EV equivalent of gas pumps — over the past few years. With 345,126 public chargers and 19,116 charging stations as of the end of September 2022, Guangdong has the largest EV charging network in China, one that has more than doubled from a year ago. That’s around three times as many public chargers in the whole of the US. In GBA, ubiquitous charging is also boosting electric car ownership. EV sales jumped 151% in the first half of the year, according to the Guangdong Bureau of Statistics. The province now has over 1.4 million electric vehicles, the highest share in the country. Guangdong’s provincial government is also doubling down on EV manufacturing. One-in-eight electric cars sold in China is now made in Guangdong. From January to July, local EV production jumped more than two-fold from a year before.