Hainan Plans to Remove Government-Set Pricing for EV Charging and Battery Swapping Services

New Energy Era25 Apr, 2025Environment

The Statement emphasizes that the EV charging and battery swapping sector in Hainan is already highly competitive, making price regulation unnecessary. With deregulation, it will be difficult for operators to collude on pricing, ensuring that market competition remains the key price-setting mechanism. To maintain market share, most operators are expected to keep fees at current levels, which will prevent significant fluctuations in service costs.