Read Spanish and Italian versions.China has secured €21.7 billion of investment in the past year to manufacture electric vehicles (EV) while Europe secured only €3.2 billion, according to European carmakers’ public announcements compiled by Transport & Environment (T&E). China produces a third more cars than Europe does (23.5 million passenger cars manufactured in 2017 versus 17 million in Europe) and thus the market size can’t explain the huge disparity in investment. China’s ambitious mandate – requiring carmakers to manufacture electric vehicles in its territory – is a key driver of investment in EVs, one which Europe currently lacks.
Mobility is at a crossroads and in each of the key three revolutions, automation, sharing and electrification of cars, Europe is falling behind. China has secured seven times more investments in electric vehicle manufacturing than the EU has in the last year only. Based on public announcements, China has received over EUR 21.7 billion of investment to produce electric vehicles while the EU secured only EUR 3.2 billion, seven times less. Front runners the Volkswagen Group, Daimler AG and Nissan have provided the bulk of the investment in China, driven by the aggressive electric vehicle policy. This policy requires carmakers to obtain credits for the production of EVs that are equivalent to 10% of the overall passenger car market in 2019 and 12% in 2020.
Sufficient accessible charging infrastructure is a key enabler for the accelerated uptake of electric cars. This briefing analyses the current and planned future roll-out of EV charging infrastructure in European Member States, based governments’ plans (National Policy Frameworks) submitted to the Commission as part of the implementation of the Alternative Fuels Infrastructure Directive.
More investment in public charging infrastructure needed after 2020 as electric vehicle sales increase.Press release from the Electromobility Platform.Contrary to mainstream belief that there are not enough electric vehicle chargers and that this is discouraging potential EV buyers, a new analysis reveals sufficient public recharging facilities for the number of cars on the road in 2017 in many countries. Furthermore, if national EV infrastructure roll-out plans are met there will also be sufficient EV chargers until 2020.