Li Auto has recently entered into a strategic agreement with China National Petroleum Corporation (CNPC), the largest oil company in China, to bolster the growth of its charging infrastructure. This collaboration aims to accelerate the expansion of Li Auto’s charging network, which currently covers over 70% of China’s major economic hubs and national highway corridors.
As of June 17th, Li Auto has established 448 “supercharging stations” with a total of 2,016 charging piles nationwide. By the end of 2024, the company plans to install over 2,000 Li’s charging stations and 10,000 charging piles at CNPC service stations, extending coverage to more than 90% of tier-one and tier-two city centers and over 70% along national highways.
See also: Li Auto to Triple Supercharging Station
Xue Guoxing, a representative of CNPC, stated, “Our partnership with Li reflects the strategic shift towards green and low-carbon development. It will also accelerate the deployment of our ‘oil-gas-hydrogen-electricity’ sales and service network.”
Sun Guangmin, Li Auto’s Head of Charging Network, highlighted, “The collaboration will further drive the expansion of our Li 5C supercharging network, bringing a convenient charging experience akin to refueling for our customers.”
See also: Li Auto Announces Plans for 2,000 Supercharging Stations in 2024
Li Auto’s investment of 10 billion yuan (1.4 billion USD) to construct a network of 3000 superchargers around China by 2025 demonstrates its commitment to enhancing the charging experience for EV owners.
Other automakers, such as Nio, Tesla, BYD, and Xpeng, have also forged similar partnerships with oil companies to expand their charging infrastructure.