- ChargeUp Europe’s research predicts the EV charging sector will add €94 billion to the economy by 2035.
- Over 60 million EV charging points are expected in Europe by 2035, with an EV market share of 46%.
- ChargeUp Europe and AVERE are addressing barriers and advancing infrastructure to support consumer needs and cross-border travel.
ChargeUp Europe forecasts an electric future this World EV Day™
ChargeUp Europe has revealed incredible research on the future of the EV charging industry this World EV Day™. The research highlights the sector’s potential as a major economic force.
ChargeUp Europe is the leading advocate for EV charging infrastructure and an Official Partner of World EV Day™. They are accelerating the deployment of charging stations across the continent. Their mission is threefold: to ensure infrastructure meets consumer needs, to make cross-border EV driving convenient through open standards, and to eliminate market barriers. These barriers include issues related to concessions, grid access, data sharing, and building codes.
P3 conducted the latest research, commissioned by ChargeUp Europe, and the findings are impressive.
If car manufacturers meet their electrification goals by 2035, Europe will see over 60 million EV charging points installed. This expansion will create a projected value of €94 billion across the EV charging value chain. Additionally, the EV market share is expected to reach 46%, further establishing Europe as a leader in the mobility transition.
The research underscores the significant economic impact of the EV charging industry. ChargeUp Europe is collaborating with AVERE, the European Association for Electromobility, to share more insights from this study. The upcoming joint campaign will provide further details on how the EV sector is poised to drive economic growth and innovation.
