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| Period | Passenger-car gear sales | Commercial-vehicle gear sales |
|---|---|---|
| 2022 | 53,650,780 | 3,698,191 |
| 2023 | 59,747,353 | 4,420,895 |
| 2024 | 71,036,193 | 3,744,992 |
| 2025 | 81,131,865 | 3,594,636 |
| Period | Capacity (million sets) | Production (million pieces) | Sales (million pieces) | Printed revenue (CNY billions) |
|---|---|---|---|---|
| 2022 | 4 | 15.303 | 13.484 | 1.914 |
| 2023 | 5 | 18.714 | 16.572 | 2.229 |
| 2024 | 6.5 | 23.17 | 23.58 | 3.37 |
| 2025 | 7.7 | 35.17 | 34.96 | 4.102 |
Founded in Changzhou, Jiangsu by Shao Danwei as Wanbang New Energy; bets early on the private-residential L2 market that State Grid was largely ignoring
Hits 100,000 chargers operated; becomes #2 China public charging operator behind TELD - Star Charge dominates private/residential market while TELD owns highway corridors
BP Ventures and Standard Chartered lead $230M strategic round; valuation passes $2B - first oil-major investment in a Chinese charging operator and Star Charge's pre-IPO capital
Begins international expansion; launches charging operations in Germany and Vietnam under StarCharge Europe brand based out of Singapore APAC HQ
Signs MoU with Schneider Electric to form European JV for prosumer EV chargers, PV inverters and storage; first Chinese charging operator to access Schneider's industrial-channel sales force
Launches 720 kW Magic-Speed liquid-cooled HPC; targets 5C-rated battery charging on emerging Chinese OEM 1000V platforms - one of China's most powerful commercial chargers
Surpasses 700,000 chargers operated; expands integrated solar-storage-charging stations across 90%+ of China's private installation market