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EU Approves New Measure to Bump Up EV Chargers Across the Bloc

The European Union has passed a new law that will accelerate the proliferation of electric vehicle chargers and alternative energy refueling stations along major highways in the region. As per the legislation, EU countries will have to meet specific targets by the end of 2025 and 2030.

These targets include installing fast charging stations with at least 150 kW of capacity for battery electric cars and vans along every 60 km of the trans-European transport (TEN-T) network. This network is widely considered the European Union’s main transport corridor because of the massive amount of traffic that passes through it annually.

Installing fast charging stations for EVs along the corridor could go a long way toward alleviating issues such as range anxiety while also encouraging more drivers to use electric cars when traveling through the network. The EU Council noted that the stations for electric cars and vans will be introduced to the main corridor “from 2025 onwards” while heavier-duty electric vehicles will have to wait until the end of 2030 for the installation of charging stations with a minimum capacity of 350 kW.

The European Union is also considering a future where battery electric vehicles share the road with other alternative energy vehicles, such as hydrogen fuel cell cars. As such, member countries will require hydrogen refueling stations for hydrogen fuel cell-powered trucks and cars to be installed along major highways.

Furthermore, maritime ports will have to install on-site charging facilities for vessels that run on electricity. The EU Council is also looking to optimize the charging experience as much as possible by allowing drivers to use contactless or card payments instead of having to install apps and rely on subscription services.

Electric vehicles seem to be the best solution we have to reduce emissions from transportation. Billions of fossil-fuel-powered cars travel the world’s roads, emitting tons of carbon per year and making the transportation sector one of the largest polluters on the globe. With climate change becoming more apparent by the day amid extreme weather events in countries such as China and the United States, reducing carbon emissions is quickly becoming a matter of life and death.

Electrifying the transport sector is part of the region’s overall plan for cutting emissions and achieving a carbon-free economy. Raquel Sánchez Jiménez, Spain’s Minister of Transport, Mobility and Urban Agenda, noted that the new legislation was a milestone in the region’s bid to increase public charging capacity along motorways and in city streets. She looks forward to a future where recharging electric cars will be as easy as refueling at a petrol station.

As these rules are implemented, EV manufacturers across the board, including Kandi Technologies Group Inc. (NASDAQ: KNDI), will have a better chance of upping their sales as public charging points become commonplace.

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Lacey@GCS

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