State Power International, etc. establish a new company with automobile charging and sales business included.

According to the Qi Cha Cha app, recently, Huadian Pumped Storage Energy Co., Ltd. was established with a registered capital of 200 million yuan. Its business scope includes energy storage technology services, power generation technology services, operation of electric vehicle charging infrastructure, and sales of electric vehicle charging equipment. Equities penetration displayed on the Qi Cha Cha app shows that the company is jointly owned by Huadian International and others.