Hyperdrive
There’s No Such Thing as Too Many Electric-Car Chargers in China
Any waste on underutilized plugs may be well worth a multitrillion-dollar opportunity.
A row of BYD E6 electric taxis charging in Shenzhen.
Photographer: Bloomberg/BloombergThis article is for subscribers only.
China is installing more charging infrastructure than any other country. A lot more.
Some have raised concerns about wasteful spending on underutilized infrastructure. But China’s charging expenditures are small relative to the multitrillion-dollar opportunity the country could capitalize on by seizing a bigger share of the global auto market.