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In IT, Innovation and Startups

Charging chains expand 44 percent annually, yet there is plenty of room for further growth

14th February 2023 Matthew P. DMCA.com Protection Status

Charging chains expand 44 percent annually, yet there is plenty of room for further growth Pin It

The network of Public European charging points grew by 44 percent last year, according to the Charge point Monitor, which tracks the number of Public Land points in 16 European countries and 48 cities.

The Netherlands has the largest public charging network in Europe with an estimated 115 thousand stations: an annual growth of 35 percent. Amsterdam has the most charging points: 10,473, followed by London with 9,272 charging points and Rotterdam with 6,463.

At the current pace, it will take at least two more years for Germany to overtake the Netherlands in first place. Good news, according to the monitor, is that Germany, France and the UK are gradually falling behind. Germany now has 88 thousand (+43%, France has 73 thousand (+58%), and the UK has 55 thousand (45%). For a long time, there has been a hammer on expanding the number of charging points.

The current annual growth figures show the significant progress made in expanding the European charging network and provide the basis for continued growth in vehicle adoption. This growth is crucial because the number of EVs continues to increase. According to the International Energy Agency, an estimated 30 million electric cars will be sold by 2030. Charging companies, according to the Research Agency, are certainly trying to catch up. Unfortunately, there is still a lot of work to be done as the current ratio is 13 cars versus one charging point, according to the Charge Point Monitor.

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