Market Research and Development Trend Analysis Report on Electric Heavy-Duty Truck Charging Equipment

One   Preface   In recent years, governments worldwide have introduced a series of policies to strongly support the research, production, and promotion of new energy heavy-duty trucks (NEHDTs). Guided by the "dual carbon" goals, China has also identified NEHDTs as a key driver for energy conservation, emission reduction in transportation, and industrial upgrading. Sustained policy momentum has fueled robust growth in the NEHDT market, with production and sales rising annually.   However, the rapid development of NEHDTs relies on well-developed charging infrastructure. As the core components of charging stations, the rational selection and scientific product development planning of charging equipment directly impact charging efficiency, usability, and operational costs, thereby influencing the healthy development of the entire NEHDT industry. Therefore, in-depth research on charging equipment types for NEHDT stations, product development planning, and future trends holds critical practical significance.   This study aims to comprehensively analyze issues related to NEHDT charging equipment by comparing technical characteristics, application scenarios, and cost-effectiveness of different equipment types. It seeks to provide scientific decision-making support for station operators, equipment manufacturers, and policymakers to facilitate the sustainable development of the NEHDT industry.   Two   Current Status of the NEHDT Charging Equipment Market   01 NEHDT Market Growth Momentum   The NEHDT market has experienced rapid growth in recent years. According to data from China Commercial Vehicle Network, annual NEHDT sales in China reached 82,000 units in 2024, a year-on-year increase of 140%, with a penetration rate of 13.6%. This growth continued into 2025, with penetration rising to approximately 18% in January-February and sales surging nearly 250% year-on-year.   Geographically, sales are concentrated in provinces like Hebei, Shanxi, and Guangdong. Hebei, a key hub in the Beijing-Tianjin-Hebei integration initiative, has high demand due to its heavy industries (e.g., steel, coal). Guangdong, with its active commerce, developed logistics sector, and strong NEV industrial base, also exhibits robust demand.   In terms of applications, NEHDTs are widely used in logistics, construction, and sanitation. Tractors dominate sales due to their versatility, followed by dump trucks (construction) and sanitation vehicles (predominantly battery-electric). In 2024, registered battery-electric heavy-duty trucks included 30,100 tractors (62.26%), 7,647 dump trucks (15.81%), and 6,294 concrete mixers (13.01%). Sanitation vehicles like sweepers and cleaners accounted for 8.51%.   02 Market Size and Growth Trends of Charging Equipment   Driven by the NEHDT boom, the charging equipment market is expanding. In 2023, the global market for heavy-duty electric vehicle and industrial equipment charging reached significant规模, with China showing strong growth. It is projected to grow at a steady CAGR through 2029.   In China, NEHDT charging equipment market has also grown substantially. In 2024,布局 of heavy-duty truck charging piles accelerated, with operators increasing investments. As NEHDT ownership rises, the market is expected to maintain rapid growth.   03 Competitive Landscape   The market is highly competitive, with participants including traditional charging pile manufacturers, power companies, NEV makers, and emerging tech firms.   Major operators leverage resources and capital to expand their charging networks. NEV companies are also entering the sector, utilizing technological and brand strengths. Emerging players like Xinstone are gaining traction with innovative technologies and business models. Competition focuses on technological innovation, product quality, pricing, and services. Leading firms consolidate market share through R&D and expansion, while new entrants pursue differentiation strategies.   Three   Types of Charging Equipment for NEHDT Stations   01 Integrated DC Dual-Gun Chargers   These integrate charging modules, control systems, and guns into a single cabinet, offering cost advantages due to simplified production and assembly. For example, Xinstone’s 320kW integrated dual-gun charger is affordably priced, making it ideal for small-scale stations.   Installation is straightforward, requiring only on-site fixing and wiring, reducing deployment time and costs. Fewer components and simpler structures ease maintenance, benefiting small-to-medium stations with limited technical staff.   Limitations include fixed power output, hindering scalability for future demand growth. In multi-vehicle scenarios, power distribution is inflexible: urgent fast-charging needs cannot be prioritized over slow-charging ones, leading to inefficiency and user dissatisfaction. Poor heat dissipation (due to component integration) may reduce lifespan and efficiency, while compatibility issues with some NEHDT models and standards may arise.   02 Split DC Charging Stacks   Comprising a charging host and terminals, split stacks offer high flexibility. Hosts and terminals can be configured based on vehicle count and power needs, adapting to diverse station requirements. For large logistics parks, terminal数量 and placement can be adjusted to optimize efficiency and space use.   Equipped with intelligent power management, they dynamically allocate power based on real-time battery status. Critical vehicles receive priority, reducing charging time and operational costs.   Modular design enables scalable power upgrades, lowering initial investment. Terminals support liquid cooling and ultra-high-power standards (e.g., Ultra-Chaoji), meeting growing fast-charging demands. Broad compatibility with multiple protocols caters to diverse users.   Drawbacks include higher upfront costs than integrated systems and underutilization in small-scale stations, potentially straining operators financially.   03 Other Equipment Types   Wall-mounted chargers save space, suiting compact indoor/outdoor areas like small warehouses, but have lower power and slower charging speeds.   Low-power chargers minimize grid impact, ideal for off-peak charging (e.g., residential areas), but cannot meet rapid refueling needs in high-efficiency scenarios.   04 Selection Considerations   Site conditions: Limited space favors wall-mounted or integrated chargers; large areas (e.g., new logistics parks) benefit from split stacks. Power grid capacity must support high-power equipment, potentially requiring upgrades.   Vehicle types and scenarios: Long-haul trucks need high-power fast chargers, while short-range sanitation vehicles can use lower-power options. Compatibility with vehicle interfaces and protocols is critical.   Lifecycle costs: Integrated chargers have lower upfront and maintenance costs for budget-constrained small stations. Split stacks, despite higher initial investment, offer long-term savings through intelligent power management and scalability, suiting large stations.   Four   Product Development Planning for NEHDT Charging Equipment   01 Technological Development Directions   • Increased Charging Power: Megawatt-level ultra-fast charging is a key focus, achieved via advanced power electronics, optimized circuit designs, and AI-driven control algorithms. This technology aims to drastically reduce charging time and address NEHDT refueling inconveniences.   • Charging Module Optimization: Upgrading modules with SiC MOSFETs (replacing IGBTs) improves efficiency to over 97.5% by reducing losses. Enhanced thermal management (IP65 liquid cooling and independent air ducts) extends lifespan from 3–5 to 8–10 years, ensuring reliability across scenarios.   02 Functional Design and Innovation   • Intelligent Monitoring: IoT, big data, and AI enable real-time tracking of equipment status, charging parameters, and battery health. Predictive maintenance and grid-aware power调度 optimize operations and user experience, including voice interaction features.   • Flexible Charging: Megawatt-level bidirectional systems dynamically allocate power to vehicles, reducing costs and enabling grid peak-shaving via reverse power flow during off-peak hours.   Five   Development Trends in NEHDT Charging   01 Policy and Market Drivers   National policies prioritize charging infrastructure in counties, mining areas, and ports. Local incentives (e.g., Shaanxi’s 30% NEHDT purchase subsidies and charger investment rewards) and MoT support for logistics electrification foster industry growth.   Market demand rises with stricter emissions regulations. 2025 NEHDT sales continue to surge (e.g., record-breaking January dump truck sales). Battery costs below ¥0.6/Wh and high-power charging adoption further improve NEHDT competitiveness.   02 Technological Innovation   Solid-state batteries (400Wh/kg energy density) may extend NEHDT range beyond 600km, enhancing long-haul viability.   360kW+ chargers, including megawatt bidirectional systems, reduce charging time for fleet operations. Smart charging algorithms optimize efficiency based on battery and grid conditions.   03 Application Expansion   Short-haul, high-frequency scenarios (e.g., urban渣土 transport, port drayage) adopt centralized charging due to fixed routes and concentrated demand, leveraging NEHDT zero-emission benefits.   Highway charging networks, paired with fast-charging batteries, unlock long-haul potential. Operators are deploying high-power stations at service areas to support intercity transport.   04 Network and Business Model Evolution   Charging networks will expand to rural areas, driven by government and enterprise investments.   Innovative models include solar-storage-charging integration (reducing grid dependency) and battery swapping (enabling rapid refueling). Financial partnerships (e.g., leasing) lower user costs, boosting NEHDT adoption.   Six   Challenges and Strategies   01 Key Challenges   • Long Charging Times: Even with high-power chargers, refueling takes significantly longer than diesel refueling, hampering efficiency in time-sensitive operations.   • Insufficient Station Density: As of November 2024, China had only 11