EY-Eurelectric represents the power sector in 32 European countries. Its study could help to allay fears that the increasing popularity of electric vehicles will cause significant strain on pre-existing power networks.
However, the study also said that “timely planning” of charging infrastructure and coordination between public authorities, electricity utilities, grid and charge point operators will be necessary to prevent overloading the grid.
It is expected that Europe will have around 130 million electric vehicles by 2035, up from 3.3 million today. By then, 65 million chargers will need to be installed with around 85 per cent residential and 4 per cent on public highways.
Jean-Bernard Lévy, Eurelectric’s President said: “Electrification is now an irreversible megatrend in road transport. The challenge ahead is speeding up infrastructure rollout in a well-coordinated manner to respond to growing charging needs while ensuring the optimal use of the...