China will issue three standards in October to regulate charging facilities for electric cars, the Shanghai Securities News reported Monday, citing an unnamed source from the State Electricity Regulatory Commission.
Five more standards are being drafted and will be released before the year's end, the newspaper said.
Power grid operators will be focused on upgrading the power industry, such as constructing smart grid and charging facilities for electric vehicles, to prepare for the upcoming boom in the electric cars market.
According to estimates, when electric car sales achieve 200 million units, the new electricity demand will approximate 490 billion yuan ($72 billion), the newspaper said.
