30 million EVs in Europe by the end of the decade
This growth in charging infrastructure is critical as the number of electric vehicles (EVs) on the road continues to accelerate. According to the International Energy Agency (IEA)*, it is estimated that 30 million EVs will be sold by 2030. The increasing demand for EVs has led to a corresponding need for more public charging points, which are essential for EV owners to access charging options when away from home and to reduce range anxiety.
1 out of 4 European cars sold in 2022 is electrified
In 2022, at total of 2.53 million passenger electrified cars, according to expert Schmidt’s Automotive Research Annual Report, have been registered in Europe. At present, one out of 4 European cars sold in 2022 was electrified (plug-in-hybrid + full electrics). And today, 8 million electrified cars hit the European roads.
According to EV market analyst Paul Jan Jacobs, founder of EVMarketsReports.com, that initiated The Charge Point Monitor: “The current annual growth figures demonstrate the significant progress that has been made in the expansion of the European charge point network and sets the stage for continued growth in the adoption of electric vehicles on the continent”.
Today ratio of 1 charge point versus 13 electrified cars
As per recent analysis by McKinsey in 2022, conducted for a report from the European Automobile Manufacturers Association (ACEA), by 2030 the EU-27 would need to scale up to the estimated 3.4 million public chargers required to meet the needs of its future EV fleet. This number represents an estimated ratio of 9 cars per 1 public charge point. At present, charge point companies and installers are trying to catch up ensuring a great journey for all EV drivers. Unfortunately, there’s still a lot of work to do since the current ratio is 13 cars versus 1 charge point.
Germany, France and UK are slowly gearing up
The Netherlands still operates the largest public charge point network in Europe with an estimated number of 115.000+ stations growing 35% on an annual basis. Other western European countries are finally gearing up. In the current pace, it will still take at least 2 years that Germany (5 times bigger fleet than The Netherlands) might overtake the overall number 1 position of the Netherlands.
The good news is that Germany, France and the UK are stepwise catching up and grew their charging infrastructure network with respectively 88.000 (yoy 43%), 73.000 (yoy 58%) and 55.000 (45%). This is needed to keep up pace meeting the fast growing electrified passenger car and light commercial vehicle fleets per country.
About the The Charge Point Monitor & EVMarketsReports.com
The Charge Point Monitor is initiated by EVMarketsReports.com and is powered by the charge point data of Eco-Movement, a leading charge point data provider. This ‘free of charge’ monthly updated monitoring service tracks charge points across 16 countries in Europe covering 48 cities. EVMarketsReports.com offers the world’s largest collection of EV reports, including the Charge Point Monitor, supporting 6.000 leaders, policy makers and professionals in the EV market. The platform aims to provide a one-stop overview of the EV global market, including data on charging infrastructure, technology, electric vehicle registrations, incentives and regulations.
Discover the Charge Point Monitor by creating a ‘free of charge’ account here and instantly access charge point data covering the European continent and 16 selected European countries and 48 cities.
