China’s EV charger prices surge as cost pressures ripple through the supply chain

Across July and August 2026, the EV charger industry experienced a rare wave of price hikes ranging from 10%–30%, driven by cost pressures passing down the supply chain. “This price wave is a defensive move against soaring material costs, semiconductor shortages, and rising compliance expenses,” said Xinyi Lin, a senior EV charging analyst at Benchmark. “As raw material prices remain high, downstream charging network operators must prepare for higher equipment costs and squeezed margins in the near term.” In 2025, over 4.4 million chargers were installed in China, with 5 million units forecast to be installed this year according to Benchmark’s EV Charging Service.