The three major regional power grid operators in the United States have approved a total of US 775 billion in ultra-high voltage transmission projects, initiating the largest power grid expansion in history:
This initiative detonated the global demand for electrical equipment. Chinese companies, relying on the advantages of the entire industrial chain, technology and efficient delivery, ushered in the "golden window period" for exports. The export volume and prices of transformers, high-voltage switches and other products have risen sharply, and the export trend has been on a hurricane.
The expansion covers the three major power grids of Texas EROT, Mid-Atlantic PJM, and Central and Western MISO/SPP. The core construction is a 765 kV ultra-high voltage line. The transmission capacity of a single line is 6 times that of the traditional 345 kV line, with a total construction mileage of 10,000 miles.
The core driving force of the expansion stems from the superposition of two major needs：
1.The explosive growth of AI data centers in North America. From 2023 to 2028, the electricity consumption of data centers in the United States will soar from 176TWh to 580TWh, and the demand for electricity will increase sharply.;
2.The serious aging of the North American power grid. 70% of the transmission transformers have been in operation for more than 25 years, and some have been in operation for 50 years. The contradiction between stock replacement and incremental construction needs is prominent.
Under the imbalance between supply and demand, the North American electrical equipment market has fallen into a "production capacity emergency".The capacity utilization rate of local transformer manufacturers in the United States has reached 120%, but the migration of manufacturing and the failure of technicians have made it difficult to expand production. The new factory will take 3-5 years to build. The delivery cycle of large transformers has been extended from 50 weeks to 127 weeks, and the market gap has reached 30%. Some orders are scheduled for 2029.This opens up a broad market space for Chinese electrical equipment companies.
The export advantages of Chinese enterprises are particularly significant in the layout of specialized enterprises such as Kechang Electric：
China has the most complete industrial chain of power equipment in the world, and can undertake overseas emergency orders even under full production.
The efficiency of the industrial chain
Kechang Electric is a high-tech enterprise with a complete product line covering 16 categories of power distribution of 35 kV and below, covering core products such as 10 kV, 35 kV, and 110 kV oil-immersed transformers, dry transformers, and high and low voltage switchgear. R&D investment accounts for more than 5% of the total output value, and can quickly respond to overseas order demand.
A double breakthrough has been achieved in terms of technology and cost performance:
Products are 30%-40% cheaper than products in Europe and the United States. Kechang Electric's products have passed ISO9001 certification, CE certification and have obtained a number of foreign trade orders. Its durability and intelligence advantages meet the needs of the North American market.
Data confirm the export growth trend:
In 2025, China's transformer exports reached US 99.9036 billion, an increase of 34.83% year-on-year; from January to February 2026, the export of high and low voltage complete equipment increased by 30% year-on-year, and the order cycle was 3 to 6 months.Kechang Electric has also ushered in a significant increase in overseas orders, transforming from a domestic high-quality supplier to an international market participant.
In the future, China's electrical equipment exports will maintain a high boom and continue to seize global market share.Kechang Electric will also continue to increase research and development, optimize product structure, polish energy-saving and smart equipment adapted to the North American market, accelerate the progress of international certification, deepen the North American power distribution side market, and work with industry leaders to demonstrate the comprehensive strength of China's intelligent manufacturing.
