The European Investment Bank (EIB) announced on Thursday 30 July that it would provide 35 million euros to the Spanish company Endesa to support the installation of 8,500 recharging points for hybrid or electric vehicles throughout Spain.
The first 2,000 kiosks should be installed this year on the main motorway network - i.e. over 15,000 km - as well as in cities with more than 35,000 inhabitants. The rest of the stations will be phased in by 2023, details the EIB.
The stated objective is to contribute to reaching the one million charging points in the EU by 2025, a target set by the European Commission in its European Green Deal.
According to EIB estimates, the project could create almost 600 jobs during the implementation phase and a further 40 permanent posts.
Furthermore, the institution estimates that the new charging stations, once installed, could prevent the emission of 57,000 tonnes of CO2 per year.
According to an analysis published last January by the organisation Transport & Environment, if the EU wants to achieve its climate neutrality objectives by 2050, it will need 15 times more public charging points for electric cars in 2030 than it has at present (see EUROPE 12399/13). Only 185,000 kiosks have been installed in Europe at present. (Original version in French by Agathe Cherki)