The market for electric vehicle charging piles in the United States is booming, and the legal person is optimistic that Taiwanese suppliers will take advantage of the business opportunities.

(Provided by Delta Electric)

[Reporter Fang Weijie/Taipei Report] The U.S. electric vehicle charging pile market is booming, and Taiwan suppliers will take advantage of the business opportunities. The legal person is optimistic that the domestic supply chain has been actively attacking the U.S. charging pile market in the past year, focusing on the assembly of charging piles. Delta (2308 ), Phihong (2457) will benefit from the accelerated establishment of electric vehicle charging infrastructure in the United States, and Taiwanese manufacturers such as connector suppliers Xinbang (3023) and Hongshuo (3092) will also be exposed to the rain and dew due to the supply of wiring harnesses and charging guns.

The legal person estimates that the growth rate of the US electric vehicle market in the next few years will exceed that of Europe and China, and the penetration rate in 2025 is expected to climb from 5.5% in 2022 to 16.5%. The reliability will be better than operators, and the business opportunities of public charging piles are better than that of household charging piles.

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The legal person explained that most of the charging infrastructure operators in the United States are still investing heavily in capital expenditures, are in the construction stage, and are still in a loss state due to low capacity utilization, and the competition in the public charging market is milder than that of the household charging market. In addition, , the United States Environmental Protection Agency's proposal on April 12 will increase the federal vehicle emission standards, which is expected to further accelerate the development trend of electric vehicles.

According to legal person analysis, stricter standards in the United States will greatly increase the penetration rate of pure electric vehicles from 36% in 2027 to 60% in 2030 and 67% in 2032, much higher than the 50% in 2030 set by the Biden administration. The goal, relatively, the construction of local charging infrastructure must be accelerated. If the Biden administration’s goal of 500,000 sets of public electric vehicle power supply equipment in 2023 is to be achieved, 13,000 sets must be installed every quarter for the next eight years.

The legal person estimates that if the target of 500,000 sets is reached in 2030, and assuming that the ratio of DC fast charging and AC L2 specifications is 1:5, the potential public electric vehicle power supply equipment market is expected to reach 7 billion US dollars in the next 8 years, so , Delta, SINBON, and Lite-On Technology (2302) among Taiwanese suppliers all gave an increase in shareholding ratings, and Feihong and Qiduxing, which focus on the electric vehicle charging pile business in the United States, are also expected to have fun in their future operations.

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