A Jiemian reporter, drawing on insights from industry insiders, reports that power companies in California, New York, North Carolina, and Texas receive substantial government subsidies each year—ranging from $400 million to $500 million—to support grid upgrades and charging infrastructure development. Nearly half of these funds are earmarked by these companies for procuring charging solutions from Autel Technology. The source further disclosed that Autel is set to partner with power companies to establish at least 100 energy storage demonstration stations in the current year. To date, Autel has already rolled out six "energy storage + supercharging" projects across North America. These initiatives have boosted revenue through strategies like peak shaving, demand response, and electricity price arbitrage, yielding an impressive additional return on investment of 20% to 30%. Despite the absence of announcements regarding new plant construction, the reporter learned that Autel is reallocating its existing production capacity towards energy storage and related system products, in a bid to keep pace with the burgeoning demand in the North American market. Autel Technology informed a Jiemian reporter from "Hard Tech Headlines" that the company's upcoming business adjustments will center on enhancing energy storage and power system capabilities. It plans to redirect its R&D efforts towards energy storage and integrated photovoltaic-energy storage-charging solutions. By 2026, Autel will prioritize investments in load forecasting, scheduling algorithms, and millisecond-level control response capabilities to cater to the demands of highly volatile electricity consumption scenarios.
