In order to keep up with the increase in electric vehicles required to decarbonise transport by mid-century, Europe will require 1.3 million public charging points by 2025 and 3 million by the end of the decade, according to analysis by Transport and Environment (T&E). Currently there are around 185,000.
Public spending would have to increase from around €600m this year to €1.8bn in five years and €2.9bn in 2030, a cumulative spend of €20bn. Including funding for private infrastructure, a total of around €80bn would be required over the period, according to the analysis, which T&E said is a “small fraction of the €100bn invested by the EU every year in transport infrastructure”.
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