EU electric vehicle push needs 80 billion euros for chargers: industry group

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

An EU plan for a fifty-fold increase in electric cars this decade to help cut greenhouse gas emissions will require an 80 billion euro ($96.5 billion) investment in charging points to support it, power industry group Eurelectric said on Tuesday.

The European Union has said it needs 30 million or more zero-emission cars on its roads by 2030 as part of efforts to cut emissions by at least 55% this decade versus 1990 levels.

They are powered by fewer than 250,000 public electric vehicle charging points, which must rise to 3 million by 2030 to meet the green goals, according to a report by Eurelectric - which represents national electricity associations and leading companies - and Ernst & Young . That rollout is currently “well below target”, it added, echoing concerns raised by auto industry groups.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Estimates are about 4 Trillion USD globally if taxpayers are to indulge this boomer BEV cult! Assuming big oil won't start selling hydrogen & make the point moot.

OK, Chargers are not enough. but, Are your generators enough ?

Couple of months ago I came across a recommendation about Teddygrey3305 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines