BERLIN, July 14 (Xinhua) — Germany will need to install an additional 400,000 charging stations for electric vehicles (EVs) in the next ten years, the Federal Association for eMobility (BEM) said on Tuesday.
Currently, there are only 28,000 charging points in the country, according to the BEM. The investment required to build up EV infrastructure is estimated at 9.3 billion euros (10.6 billion U.S. dollars).
“This sounds like a lot of money, but compared to other infrastructure projects, it is a cost-effective and justifiable expense,” said BEM President Kurt Sigl.
The BEM proposed a greater involvement of network operators, which should be authorized to refinance the necessary costs for hardware, planning, installation and network connection by means of a general network fee allocation.
In order to lower transport-related emissions compared to 1990 levels by around 40 percent by 2030, the German government aims to have seven to ten million electric vehicles registered in the country by 2030.
Germany’s economic stimulus package to mitigate the effects of the COVID-19 crisis also includes a premium for EVs. The old premium for the promotion of electric cars in Germany has been doubled and fully electric cars now receive subsidies of up to 9,000 euros.
“This is how we want to drive forward the switch to electric cars and boost electric mobility in Germany,” said German Minister for Economic Affairs and Energy Peter Altmaier when the premium started last week. (1 euro = 1.14 U.S. dollars) Enditem