On April 19th, the latest data from the Ministry of Industry and Information Technology showed that as of the first quarter of 2022, the cumulative promotion of new energy vehicles in China had exceeded 10 million, reaching 10.33 million. In the first quarter, the cumulative production and sales of new energy vehicles were 1.293 million and 1.257 million respectively, with a year-on-year increase of 1.4 times, and the market penetration rate reached 19.3%, an increase of 5.9 percentage points over the whole year of 2021.

At present, China's new energy automobile industry has entered a new stage of large-scale and rapid development, and the charging pile industry, as the foundation of its industrial development, has also ushered in vigorous development. In the first quarter of 2022, a total of 492,000 charging piles were built in China, a year-on-year increase of 3.6 times, including 85,000 public piles and 407,000 private piles, a year-on-year increase of 1 and 5 times respectively.

At the same time of rapid development, problems such as unbalanced development of charging pile industry, low utilization rate of charging pile and poor user experience still exist. In particular, the demand for 'interconnection' is very prominent. In order to speed up interconnection, the third-party charging network represented by Kuaidian has made active exploration. Electricity quickly breaks through barriers between new energy operators of different brands through digitalization, and builds an interconnected charging network covering the whole country, which not only improves the charging experience of car owners, but also helps operators improve the utilization rate of charging piles and promote the high-quality development of the industry.

Specifically, Kuaidian App is connected to the charging piles of mainstream operators in industries such as TELECOM and Star Charging. Information such as the location, price and operator of different charging piles can be displayed. Car owners can find nearby easy-to-use charging piles with one click of the Express App, and can quickly find piles through one-click navigation such as 'online navigation and pile-finding book' to complete the whole process of 'pile-finding-charging-paying', which greatly improves the charging experience of car owners.

For charging pile operators, Kuaidian can provide them with full-process services from site selection, station building to operation and maintenance, and can add value-added services such as catering and after-car, thus improving the utilization rate of charging piles, helping operators to operate efficiently and reducing the return on investment cycle.

The fast-built interconnected charging network effectively improves the user experience and the utilization rate of charging piles, and contributes to the healthy development of charging pile industry and the rapid development of new energy automobile industry.