The construction of new energy vehicle charging piles is accelerating, and the demand for high temperature resistant and flame ------ retardant cables has surged by 40%
With the rapid expansion of the global new energy vehicle market, the construction of charging infrastructure is experiencing explosive growth. According to the latest data from the National Energy Administration, as of the end of July 2025, the total number of electric vehicle charging infrastructure in China has reached 16.696 million, a year-on-year increase of 53%. This rapid development has directly driven the surge in demand for supporting cables, especially high-temperature resistant and high flame retardant special cables. The order volume of related enterprises has increased by 40% year-on-year, becoming a new growth point in the industry chain.
Market Drivers for Accelerated Construction of New Energy Vehicle Charging Piles
Policy Drivers: Infrastructure Targets and Financial Incentives
National Planning: The National Development and Reform Commission (NDRC) has put forward the goal of "full coverage of counties", requiring 95% charging coverage of highway service areas by 2025, and key counties for rural revitalization to receive central financial incentives. The key counties of rural revitalization have been rewarded by the central government.
Local supporting measures: Hukou County, Fuxin City and other cities have released special plans, specifying the charging station construction targets for 2025-2035, and some regions require new projects to build charging facilities in accordance with 20% of parking spaces.
Upgrade of financial subsidies: in 2025, the subsidy for DC fast charging piles will be raised to RMB 800/kW, the maximum reward for the demonstration station of optical storage and charging integration will be RMB 500,000/seat, and the subsidy standard for rural areas will be increased by 20% compared with that of urban areas.
Technology iteration: high-power and ultra-fast charging demand to force material upgrades
Popularization of supercharging technology: liquid-cooled supercharging pile power up to 350kW or more (such as Ningde Times Kirin Battery 4.0 to support 480kW fast-charging), the need for cable temperature ≥ 90 ° C and flame retardant performance enhancement.
Battery technology breakthrough: commercialization of solid-state batteries (e.g. Toyota semi-solid-state batteries support 600kW supercharging) puts forward higher requirements for cable resistance to high voltage and thermal runaway.
Smart grid synergy: charging piles need to support dynamic power distribution (such as group control technology), cables need to have high flexibility and anti-interference ability.
Strengthened safety standards: new national standards to promote high-specification cables into immediate needs
Electrical safety: GB 39752-2024 mandatory requirements for charging pile double insulation, IP55 protection level, leakage protection response time shortened to 10ms.
Fire and explosion prevention Fire and explosion-proof: V-0 level flame retardant material full coverage, charging gun head needs to withstand 800℃ high temperature, community charging pile needs to be independent of the fire chamber design.
Hydrogen compatibility: the new national standard reserves the hydrogen fuel cell charging interface standard, the cable needs to prevent hydrogen corrosion.
Market demand differentiation: scenario based demand drives the emergence of special cables
Urban rural differences: County charging stations need to adapt to high humidity and large temperature differences, and cables need to strengthen moisture and weather resistance.
High speed scenario: During peak charging periods during holidays, cables are required to support high-power continuous operation (such as single piles of 600kW or more).
User preference: The proportion of fast charging is increasing, and the DC pile to vehicle ratio will reach 19:1 by 2025, leading to a surge in demand for high-power cables.
Investment expansion: A market worth billions drives the upgrading of the industrial chain
Equipment investment: The investment in public charging station equipment alone is expected to reach 120 billion yuan, and the total scale of power distribution and construction may exceed 200 billion yuan.
Enterprise layout: Far East Cable Zhejiang IRONFLON Wire & Cable, Hengtong Optoelectronics and other companies are expanding their production of special cables, with orders scheduled until 2026. High temperature resistant cable production lines have become a key investment focus.
Technological substitution: Price war shifts to technological competition, leading to an increase in the proportion of R&D investment by top enterprises, promoting the iteration of high value-added cable products.
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