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| Period | Public terminal share (%) | Charging volume share (%) |
|---|---|---|
| FY 2022 | 28 | 28 |
| FY 2023 | 26 | 26 |
| H1 2024 | 26 | 24 |
| FY 2024 | 26 | 24 |
| H1 2025 | 24 | 23 |
| FY 2025 | 24 | 23 |
| H1 2026 | 22 |
TGOOD (electrical-distribution-cabinet maker, ChiNext-listed under 300001.SZ) spins out TELD as dedicated EV charging unit; first listed Chinese pure-play charging operator
Becomes #1 China public-charging operator by chargers operated, surpassing State Grid; demonstrates that a focused private operator can outpace a state-grid monopoly in deployment speed when the SOE allocates capital across many priorities
Crosses 250,000 chargers operated; charging volume hits 1B kWh annually - TELD is now the highest-throughput public charging operator globally measured by energy delivered
Launches 600 kW liquid-cooled HPC product line; first Chinese MW-class commercial charger with full liquid-cooled cable, sets benchmark for Chinese 5C battery-equipped vehicles entering market
Surpasses 600,000 chargers operated nationwide; charging volume passes 12B kWh annually - first Chinese operator to reach 12 TWh annual delivered
Crosses 800,000 chargers operated across China; #1 public charging operator by installed base with charging volume passing 18B kWh annually
Reports first profitable year as standalone unit; 12B yuan cumulative R&D investment (1.2B since 2023 inflection) starts paying off as ASP rises with Huawei-supplied 600 kW liquid-cooled cabinets