Europe’s vehicle fleets to boast 10.5m EVs by 2030

A 13-fold increase in charging infrastructure is needed to meet the European target of three million public charging points

The Big Zero report

Europe is predicted to have 10.5 million electric vehicles (EVs) on its roads by 2030.

That’s according to a new report Eurelectric and EY, which predicts fleet electrification in Europe will see a 24-fold increase by the end of this decade.

The findings suggest the bus segment will have electrified 42% of its vehicle population, followed by the car and van segments that will have electrified at 17.5% and 12% respectively.

However, the study finds a 13-fold increase in the charging infrastructure is needed to meet the European Commission’s target of three million public charging points by 2030.

Kristian Ruby, Secretary General of Eurelectric, said: “Electrification of car fleets can be a real game-changer. It comes with tangible reductions of total costs of ownership and carbon dioxide emissions. So it is a good deal both for fleet owners and society at large.”

Serge Colle, EY Global Power and Utilities Leader, commented: “Achieving this will require a fleet-centric approach across both government and industry, as well as an increased focus on the end customer with a greater choice of vehicles and a seamless charging experience.”

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