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How Will EU’s New Law Benefit The Electric Vehicle Sector?

By TD NewsDesk

TD NewsDesk

Updated on Thu, Jul 27, 2023

Overall Rating
Picture this: you’re on a road trip with your friends (or solo, your pick!).

You’re driving a comfortable car on a smooth and empty road. You look around to take in the beauty of the majestic landscape and endless chain of mountains that surround you. Your favorite music is playing and symphonically complimenting the bursts of relaxing, fresh and cooling air that’s blowing into your car.

There’s just one problem – your car needs juice! #LowOnFuel

In such a situation, would you prefer your car to be electric or gasoline powered?

Picking gasoline would be a fair choice, considering petrol pumps are easier to find! Perhaps it would be a tougher choice to make if the availability of electric vehicle (EV) charging stations were as easy to find as petrol pumps?

Well, the Council of the EU (European Union) is looking to do just that, with a set of new rules that will make it easier for EV owners to travel across Europe. Added benefit: it’ll help reduce greenhouse gas emissions!

Let’s explore:
 

What Is The New Regulation?

 
  • From 2025 onwards, the new rule will require fast charging stations of at least 150kW of power to be installed every 60 kilometers (or around 37 miles) along the Trans-European Transport Network, also called TEN-T.

  • The TEN-T set of highways serves as the EU’s main transport corridors and could help reduce the anxiety of EV owners driving along these roads.

  • This is part of the EU’s “Fit for 55” initiative that aims to reduce greenhouse gas emissions by at least 55% before 2030 compared to 1990 levels and achieve climate neutrality in 2050.

  • According to Raquel Sánchez Jiménez, Spanish Minister of Transport, Mobility and Urban Agenda, “The new law is a milestone of our ‘Fit for 55’ policy providing for more public recharging capacity on the streets in cities and along the motorways across Europe. We are optimistic that in the near future, citizens will be able to charge their electric cars as easily as they do today in traditional petrol stations.”

 


What Does The Regulation Entail?

 
  • By December 31st, 2025, charging stations along the TEN-T road network should be capable of at least 400kW of total power output and at least one charging point capable of at least 150kW.

  • By December 31st, 2027, the same charging stations must provide at least 600kW of total power output and at least one charging point capable of at least 150kW.

  • As for the TEN-T “comprehensive” road network, by December 31st, 2027, the charging stations must have at least 300kW of total power output and at least one charging point capable of at least 150kW. However, here the requirement is for at least 50% roads, reaching all roads by 2030 end.

  • By December 31st, 2035, the charging stations must provide at least 600kW of total power output and at least two charging points capable of at least 150kW.

  • Roads or locations that see less traffic can be excluded from the requirement.
 


What Are The Benefits Of This Regulation?


It’s a given that this new regulation is going to benefit EV businesses, the question is how?
 
  • For one, it will reduce range anxiety for their consumers by increasing the number of charging stations on the main roads and highways. This will be further enhanced by clear communication of pricing, wait times and availability.

  • Furthermore, it will make payments easier by not requiring an app or subscription, regardless of which network operates the charging station. Additionally, users will also be able to make payments via cards or contactless devices. Operators will have to clearly disclose prices via “electronic means”.

  • The regulation also has deployment plans and targets for heavy-duty EVs, hydrogen refueling for cars and trucks and directives for airports and maritime ports which can have a huge boost for businesses relying on various means of transportation.


Businesses engaged in the manufacturing of electric vehicles (EV), EV charging stations or any other product or service related to the industry might have struck gold with this new regulation, especially considering how this move by the EU will push the demand for EVs among consumers and businesses.

What do you think of the EU’s new initiative? Do you think other countries or governments should implement similar plans? Let us know in the comments below!

First published on Thu, Jul 27, 2023

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Tags:

Digital FactoryElectric Vehicles Fast Charging Stations Charging Stations Europe EU Council Of EU

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