1. Introduction to the Project

1.1 Project background

1.1.1 Project introduction

At present, the integrated charging single pile and group charging intelligent system (split charging pile) are widely used in the charging market. The project is built in Changchun Automobile Economic and Technological Development Zone to build a group charging intelligent system. The intelligent charging system of electric vehicle group adopts the way of group management and group control, and constructs the intelligent charging system of electric vehicle group through the three-layer structure of electrical technology layer, intelligent charging layer and cloud platform layer.

The project is located in Changchun Automobile Economic and Technological Development Zone, and the group charging intelligent system built by the main body is mainly composed of the main cabinet, multiple charging terminals and intelligent management system. As the core of the system, the main cabinet is responsible for providing power and distributing power. The charging terminal is responsible for transferring power to the electric vehicle; The intelligent management system is responsible for monitoring the entire charging process to ensure safe and efficient charging.

1.1.2 Market prospect

(1) New energy vehicle market

In recent years, the global new energy vehicle market has shown a continuous growth trend. In 2023, global sales of new energy passenger vehicles reached 13.69 million, an increase of 35% year-on-year.

In the future, driven by multiple factors such as increased environmental awareness, policy support and technological progress, the new energy vehicle market is expected to continue to maintain rapid development. According to relevant forecasts, by 2030, global sales of new energy vehicles are expected to exceed 47 million, corresponding to the compound annual growth rate (CAGR) of more than 20% from 2022 to 2030.

China occupies an important position in the global new energy vehicle field, and has become the world's largest new energy vehicle market for many consecutive years. In the first half of 2024, the production and sales volume of China's new energy vehicles reached 4.929 million and 4.944 million, respectively, an increase of 30.1% and 32%, and the market share reached 35.2%. By the end of June, the cumulative production and sales of domestic new energy vehicles exceeded 30 million. According to the China Association of Automobile Manufacturers, China's new car sales (including exports) in 2024 will increase by 3% compared with 2023, reaching about 31 million units, of which new energy vehicles will sell about 11.5 million units this year.

From January to July 2024, China's share of new energy vehicles in the global market reached 65.5%, far exceeding that of other countries. In the field of pure electric vehicles, China's global market share reached 61% in 2023 and maintained a stable performance of 59% in the first half of 2024. In terms of plug-in hybrid models, China's market share increased from 69% in 2023 to 74% in the first half of 2024, showing China's strong competitiveness in this field.

From the perspective of development speed, China's new energy vehicle industry is growing rapidly. On the one hand, the domestic market demand is strong, and consumers' acceptance of new energy vehicles continues to increase; On the other hand, the strong support of policies has also played a key role, including subsidy policies, preferential car purchase indicators, and the construction of charging facilities. In addition, China's new energy vehicle enterprises have continuously increased investment in technological innovation and product research and development, which has promoted the rapid development of the industry.

(2) Automobile group intelligent charging and prospect analysis

In June 2023, the "Guiding Opinions on Further Building a High-quality Charging Infrastructure System" issued by the General Office of the State Council proposed that by 2030, a high-quality charging infrastructure system with extensive coverage, moderate scale, reasonable structure and perfect functions should be basically built to effectively support the development of the new energy vehicle industry. Effectively meet the development goals of people's travel charging needs.

Automobile group intelligent charging system has formed a large system and platform from low voltage to high voltage, from AC to DC, from centralized control to scheduling, from man-machine to mobile phone, from charging management to Internet cloud platform management. Car cluster refers to a group of at least 10 cars that need to be charged in a fixed area (cell or parking lot). Group charging refers to the simultaneous charging of more than 10 groups of vehicles. Group charging intelligent system (split charging pile) features are as follows:

Dockless charging: Move control, protection, display, and metering to the charging box, move human-computer interaction, card swiping, and charging to the cloud (or mobile APP), and there is only one charging terminal for local car charging;

No electric plug: In the working state, the protection level of the charging terminal reaches IP54. When the charging gun leaves the electric socket, the main circuit power supply and auxiliary power supply are cut off at the same time to eliminate safety hazards;

Module structure: The equipment of the group charging intelligent charging system is based on modular design, standardized production, mass pre-investment, and flexible collocation to meet the charging needs in different scenarios. The technology iteration is fast, and the modular structure can easily realize the technology upgrade and expansion, and adapt to the development needs of charging technology;

Group management and group control: Through the four-layer structure of equipment layer, control layer, scheduling layer and platform layer, the unified scheduling and management of the vehicle cluster can achieve orderly charging, off-peak charging and safe charging of the vehicle cluster. Achieve one-time construction, centralized work processing, improve the construction efficiency of charging facilities;

Active protection: The original charging mode relies on BMS. Active charging realizes the cooperation with BMS. Through the analysis of BMS messages and charging data process data, it takes the initiative to protect abnormal data and record and broadcast faults to ensure the safety of charging process and vehicle battery after charging.

Flexible charging: Active flexible charging is based on the battery mechanism and battery characteristics, and the charging device determines the charging current and charging voltage according to the needs and status quo of the battery to achieve the purpose of battery life protection and battery recovery.

According to the national electric vehicle ownership analysis, by 2030, the national electric vehicle ownership will account for 32%-45% of the car ownership. According to the above data, it is estimated that by 2030, the number of electric vehicles in Changchun will account for 40% of the total number of cars, and the current number of cars in Changchun is about 2.1 million, without considering the new and reduced number of cars, the number of electric vehicles in Changchun will be about 840,000 by 2030. Considering the local climate conditions, economic development and other factors, the development of electric vehicles may not be as expected, so on the basis of the forecast value of 50% decline, that is, forecast 2030 Changchun electric vehicle ownership of 420,000. Considering that the trend of electrification is from operating vehicles to private cars, electric operating vehicles account for about 10% of the city's total, and will be the first to achieve full electrification, with 210,000 operating vehicles and about 210,000 private vehicles in Changchun.

In summary, according to the ratio of 1:3 to pile, the charging infrastructure gap of Changchun's operating vehicles will be about 70,000 in the future; With the gradual replacement of regional operating vehicles and private vehicles with new energy vehicles, the charging demand in the public and resident areas will increase rapidly. The High-tech Zone is the foundation and leader supporting the development of Changchun New Area, and the population accounts for 1:20 of the total population of the city. It is estimated that the gap of the all-area charging infrastructure in the High-tech Zone is about 1. The High-tech Zone Government should scale up the public charging network, charging network along the highway, charging network of enterprises and public parks and charging network of the community in advance. On the one hand, it is to lay a solid foundation for the rapid development of electric vehicles, and on the other hand, it is to take the lead in helping the municipal government to solve the pressure of carbon peaking and carbon neutrality indicators while doing a good job of business innovation.

1.1.3 Technical analysis

The deep integration of light, storage, charging and discharge public fast charging station provides charging services for electric vehicles in the region, integrates distribution stations, photovoltaic stations, energy storage stations and electric vehicle charging and discharging stations to achieve "multi-station integration" and forms a demonstration effect. Focus on the construction of the "three new highlands" typical application scenarios: Source network load storage micro-network ecological new highlands, to achieve the integration and interaction of energy flow, business flow, data flow, and build a typical project of new digital infrastructure.

The integrated charging station uses photovoltaic power generation to store the electricity in the energy storage battery, which supplies the electricity to the charging pile for use. Through the optical storage and charging system, the solar energy is transferred to the power battery of the new energy vehicle for vehicle driving, and the new energy vehicle has become zero emission from energy to vehicle. The use of energy storage system can also alleviate the impact of charging pile on regional power grid when charging with high current.

Technical advantageous:

Deep integration of variable and filling light storage reduces equipment investment by 30%;

Ac/DC microgrid flexible interaction, energy cost decreased by 30%;

Orderly charging and discharging of electric vehicles to achieve new energy consumption,  peak shifting and valley filling;

Distributed energy storage is widely involved to achieve stable DC system and reliable power supply.

1.1.4 Advantageous conditions of project construction

(1) Policy advantageous

In 2023, the National Development and Reform Commission and the Energy Bureau issued the "Implementation Opinions on Accelerating the Construction of Charging Infrastructure to Better Support New Energy Vehicles to the Countryside and Rural Revitalization" to support the purchase and use of new energy vehicles in rural areas, including three measures to enrich the supply of new energy vehicles, accelerate the application and promotion of the public domain, and provide diversified purchase support policies. Measures to encourage conditional local rural residents to purchase new energy vehicles in the county where the household registration, give support such as consumption vouchers.

The National Development and Reform Commission and other departments jointly issued Several Measures to Promote Automobile Consumption. The measures require strengthening the construction of supporting facilities for new energy vehicles. Continue to promote the development of relevant standards for power replacement infrastructure to enhance compatibility and versatility. Accelerate the promotion and application of the power change mode, actively carry out the pilot of the power change mode for vehicles in the public domain, and support the construction of urban bus station charging and power change infrastructure. Encourage eligible cities and highways and other traffic arteries to accelerate the construction of power stations.

(2) Location advantageous

As an important node city in Northeast China, Changchun has superior geographical location and transportation conditions, undertakes the important mission of regional economic development and strategic layout, and is an important transportation hub in the country. Changchun City is equipped with developed railway, road, air and other transportation networks, connecting the country's major cities, providing convenient transportation conditions for the economic development of Changchun. Changchun's transportation advantages make it an important logistics center in Northeast China, and also provide important support for it to become a central city in Northeast China.

Qikai District is located in the southwest of Changchun City, starting from Puyang Street and Changchun-Shenyang Railway in the east, Fanjiatun Town of Gongzhuling City in the south, West Xinkai River in the west, Jingyang Road, Zhinong Road and Changchun West Lake in the north. The 102 National Highway, Changchun-Shenyang Railway and other external traffic lines pass through the southern part of the area, and the expressway around the city passes through the central part of the area. Road transport: Highway around the city. Railway transportation: Changchun-Shenyang Railway, Changchun Railway, China. Freight station distance: 8.9km from Hongxun Logistics. High-speed rail distance: 18.3km from Changchun Station. Port distance: 26.9km from Changchun Railway inland port. Airport distance: 57.5km from Changchun Longjia International Airport.

(3) Talent advantageous

Changchun Automotive Industry College, located in Qikai District, is one of the first batch of 28 higher vocational demonstration colleges in the country, and was identified as a leading higher vocational college in Jilin Province by the Jilin Provincial government in 2013. The school is known as "the cradle of professional talents in the automobile industry", which originated from Changchun Automobile Technical School established by FAW in 1952. With the development of China's automobile industry, a unique vocational education system has been formed, with more than 9,600 students and 540 faculty members. The school has a strong faculty, with a national teaching team and 4 provincial excellent teaching teams; With advanced teaching equipment and facilities, the school has 103 automotive training bases, mechanical and electrical training bases and training laboratories, and 88 training bases have been built in large production enterprises such as FAW. More than 50,000 graduates have become indispensable talents in the automobile industry.

(4) Industrial advantageous

Changchun automobile industry has formed a relatively complete industrial chain, from parts manufacturing to vehicle production, and then to sales and service, have a high industrial synergy. This model of cluster development can help reduce costs, improve efficiency and enhance market competitiveness. Changchun has 6 OEMs and 7 auto brands, and nearly half of the world's top 100 auto parts enterprises have settled in Changchun. The main brands include Hongqi, Jiefang, Pentium, Volkswagen, Toyota and so on. In addition, Changchun is also actively building a modern automobile industry system, creating Changchun International Automobile City, and striving to achieve the planned industrial output value of more than 1.1 trillion yuan by 2025, and build a world-class and internationally renowned trillion-level automobile industry base.

1.2 Contents and scale of project construction

The project covers an area of 30,000 square meters, building intelligent group charging system cloud platform and operation platform. It can charge electric vehicles equipped with various types and capacity batteries, including cars, buses, etc. It can be configured with floor type, wall mounted, hanging and other types of charging terminals.

1.3 Total investment of the project and capital raising

The total investment of the project is 450 million yuan, of which the construction investment is 36 million yuan.

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, the annual sales income is 296.5 million yuan, the profit is 97.8 million yuan, the investment payback period is 6.6 years (after the tax, including the construction period of 2 years), and the investment profit rate is 21.7%.

Note: “10 thousand yuan” in the table is in RMB

1.4.2 Social evaluation

The peak of urban electricity consumption is concentrated in the daytime, and the trough of electricity consumption at night. Through the intelligent scheduling of the charging network, some electric vehicles are encouraged to use the operation mode of daytime driving and night charging in large parking lots and other charging places, which is conducive to solving the problem of peak load balancing of the power system, reducing the peak-valley difference of excessive system load, and improving the load characteristics of the power grid. The consumption of surplus electricity will play a great role in reducing the peak-valley difference of the power grid, saving energy loss, improving the operation efficiency of thermal power and nuclear power, saving fuel, and improving the actual utilization rate of electric energy resources under the condition that the total power supply is unchanged, so as to achieve the effect of energy saving and consumption reduction. The project construction has good social benefits.

1.5 Cooperative way

Sole proprietorship, joint venture, cooperation.

1.6 What to be invested by the foreign party

Funds, other means can be met.

1.7 Construction site of the project

Changchun Automobile Economic and Technological Development Zone

1.8 Progress of the project

A project proposal has been prepared.

2. Introduction to the Partner

2.1 Basic information of the unit

Name: Changchun Automobile Economic and Technological Development Zone Management Committee

Add: 7766 Dongfeng Street, Changchun

2.2 Unit overview

Changchun Automobile Economic and Technological Development Zone was established in September 2005 and promoted to National Economic and Technological Development Zone in December 2010. It is the only national development zone named after automobiles in China. In September 2021, the CPC Changchun International Automobile City Working Committee and Changchun International Automobile City Management Committee were inaugurated, opening a new chapter in the high-quality development of Changchun's automobile industry.

Changchun Automobile Economic and Technological Development Zone is located in the southwest of Changchun City. The latest approved planning area of the provincial government is 120 square kilometers (the approved area of the 2018 edition of the China Development Zone Review and Announcement Catalog is 110 square kilometers). Changchun Municipal Party Committee and Municipal Government proposed to build the Changchun International Automobile City plate plan in early 2021, with a total planning area of 471 square kilometers.

Qikai District has FAW Group, the aircraft carrier of China's automobile industry, is the core area of Jilin Province's automobile industry, and is the most important production and development base of automobile vehicles and parts in the country and even the world. At present, it has formed FAW Hongqi, FAW-Volkswagen, FAW Fengyue, FAW Jiefang "four vehicle manufacturing bases", powertrain, shaft tooth industrial park, mold industrial park and other "eight core industrial areas", FAW Research Institute, China Machinery Industry Ninth Design Institute, Changchun Automotive high school and other research and development institutions, Changchun auto parts commercial street, Collier North Auto Trade City, China Port two cars and other trade bases, EA211 engine, EA888 engine, Germany Natif, Canada Casma and other more than 350 parts enterprises are located in our district. Qikai District has been awarded the title of national auto parts export base, national automotive electronics industry base, national new industrialization industry demonstration base, etc.

2.3 Contact method

Project contact person: Wang Yuhan

Tel: +86-13756680162

Contact person of the city (prefecture) where the project is located:

Contact unit: Changchun Cooperation and Exchange Office

Contact person: Zhang Junjie

Tel: +86-15704317930

Fax: +86-431-82700590

E-mail: xmc82763933@163.com