Europe Needs 65 Million Electric Vehicle Chargers by 2035

A Volkswagen AG ID.3 electric automobile charges at an Ionity GmbH charging station at motorway service area in Samerberg near Rosenheim, Germany.

(Bloomberg) — Europe will have 130 million electric vehicles on the road by 2035, according to a joint report from Ernst & Young and the electricity industry trade association Eurelectric.

The report’s projections show Europe’s EV fleet growing from its current base of less than 5 million to 65 million by 2030 and then doubling over the following five years. EY estimates that the continent will need 65 million chargers to fuel these cars, trucks, and buses, with 85% of plugs installed in homes: