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European Electric Vehicle Charging Infrastructure Masterplan – EQ Mag Pro

European Electric Vehicle Charging Infrastructure Masterplan – EQ Mag Pro

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The Electric Vehicle Charging Infrastructure Masterplan provides factual analysis on the infrastructure and investments required to reach the EU’s ‘Fit for 55’ CO2 reduction targets. It also creates awareness of the factors that may slow down infrastructure deployment and suggests interventions to accelerate its build-up.

In synching electric vehicle charging, grid expansion and renewable energy needs with CO2 targets, electric vehicle sales and fleet, the Charging Masterplan provides a holistic perspective across all EU countries and vehicle types (cars, vans, trucks and buses).

Indeed, the required charging infrastructure can only be deployed successfully by adopting a cross-industry approach. For this reason, the Charging Masterplan was developed with the input of industry associations from across the e-mobility landscape, with analytical support from McKinsey.

Key findings

  • Up to 6.8m public charging points are required by 2030 in order to reach the proposed 55% CO2 reduction for passenger cars.
  • Up to 14,000 public charging points need to be installed per week between 2021 and 2030 for cars – compared to just 2,000 per week currently.
  • Some 184 charging points will be needed for every 100 km of road for cars.
  • Trucks will require up to 279,000 charging points by 2030, of which 84% will be in fleet hubs. The remaining required charging points will be predominantly public (fast) along highways and public overnight charging points.
  • For buses, a total of up to 56,000 charging points will be needed by 2030, of which 92% will be in fleet hubs. The other 4,000 charging points should allow fast charging off highways, especially for regional buses and coaches.
  • On average, 24,000 public fast chargers will be required for trucks and buses (across the 47,000 km of the TEN-T core network), resulting in an average of 51 fast charging points every 100 km.
  • By 2030 a total amount of up to €280bn will need to be invested in installing public and private charging points, upgrading the power grid, and building capacity for renewable energy production.
  • For public charging infrastructure, this amounts to €8bn annually. This figure represents only around 16% of investment into 5G and high-speed internet networks.

The Electric Vehicle Charging Infrastructure Masterplan provides factual analysis on the infrastructure and investments required to reach the EU’s ‘Fit for 55’ CO2 reduction targets.

The associations involved were:

  • The European Automobile Manufacturers’ Association (ACEA)
  • WindEurope and SolarPower Europe, representing the energy generation sector
  • Eurelectric, representing the wider electricity industry
Source: acea
Anand Gupta Editor - EQ Int'l Media Network