SHANGHAI :
Qingdao TGOOD Electric Zaps China EVs With Record 1 Billion Kilowatt Hours
Tang Shihua
DATE:  Jul 03 2018
/ SOURCE:  Yicai
Qingdao TGOOD Electric Zaps China EVs With Record 1 Billion Kilowatt Hours Qingdao TGOOD Electric Zaps China EVs With Record 1 Billion Kilowatt Hours

(Yicai Global) July 3 -- Major Chinese electric vehicle charging service provider Qingdao TGOOD Electric has provided a record 1 billion-plus kilowatt-hours of charging services for domestic EVs.

The company's charging piles provided 440 million kWh charging services in the first half of this year and have supplied 1.01 billion kWh since the inception of this business in 2015, with an average daily charge of 3.4 million kWh, the power equipment supplier and charging service provider based in China's eastern city of Qingdao said in a statement yesterday.

The company's charging service has ballooned in recent years, going to 128 million kWh in 2016 and 440 million kWh last year from only 5 million kWh in 2015, it said in the statement.

Construction of charging infrastructure is the premise for and guarantee of the development of the country's new energy vehicle industry, the statement said, adding that the company has thus far built the greatest number of charging piles in China, about 190,000, with more than 120,000 in operation, and has over 800,000 electric vehicle users.

Editor: Ben Armour

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Keywords:   Electric Vehicles,Charging Piles,Business Performance,TGOOD