Market Insights #06
Welcome to our newsletters Market Insights!
After 2 weeks, we come back to bring you a recap of all the latest and greatest in the electric mobility sector. As usual, we have selected 5 exciting updates from around the world regarding the development of e-mobility. Additionally, we will provide you with deeper insights on these topics.
We hope that you are ready to dive into the latest developments in e-mobility. Let's get started!
NEW MILESTONE
France reaches 100,000 public electric vehicle charging points
France has surpassed its target of reaching 100,000 public electric vehicle charging points, confirming the dynamism of the EV mobility ecosystem. More than 17,000 charging points were added in 2023 alone, which is two-thirds of the installations for the entire year 2022. This rapid rate of deployment, which surpasses even that of EVs, bodes well for achieving the 2035 target of ending the sale of new fossil fuel vehicles. The growth is particularly pronounced for ultra-fast charging points, with a 270% increase in the past year, reaching almost 7,000 150 kW+ charge points.
The "100,000 charging points" objective represents the culmination of several milestones. It originated with the European Commission's 2014 recommendations, which aime to have one public charging point for every 10 EVs. This objective was then included in France’s Strategic Automotive Sector Contract (2018) to install 100,000 charging points by the end of 2022. In 2020, the French government brought the target forward to the end of 2021 and then, the energy program set a target of 100,000 charging points by the end of 2023.
Gireve's view: Reaching the milestone of 100,000 public EV charging points is an illustration of the successful development of EV mobility in France, with more than 1.2 million EVs and plug-in hybrids currently on French roads and an increase by 66,5% over the past 12 months. By defining a target, the government mobilized EV ecosystem stakeholders to develop the charging infrastructure network. We are very happy to participate in the initiative by working hand in hand with AVERE and the French government, following the evolution of EV charging infrastructure since 2014. Though it is key to follow the number of charging points, the quality of the network should also be considered, as well as the availability and interoperability of public charging infrastructure to support the anticipated growth in EVs. This is why we developed a new service with the consulting agency Mobileese, to help operators evaluate the quality of their network. At Gireve, we work everyday to make French and other European markets develop as fast as possible while maintaining a seamless experience for the EV drivers.
INFRASTRUCTURE
Spain makes strides in electric mobility: 21,500 charging points and 13% of new cars are plug-in
Spain has made progress in electric mobility, with a 38% increase in public charging points and a 21% increase in electric and plug-in hybrid car registrations. The number of electric vehicles has grown fivefold in the last five years, and the country now has a fleet of more than 325,000 electric vehicles. The Director General of the Spanish Association for the Development and Impulse of the Electric Vehicle (Aedive) said 2022 had seen a significant increase in electric vehicle registrations and infrastructure development, but more electric vehicles still need to be sold than petrol or diesel ones. The country also has 3,500 cars and 22,000 electric motorcycles available for rent in cities through car and motorcycle sharing.
Gireve's view: The lack of infrastructure is still considered a barrier to the adoption of EVs in Spain, and it becomes a crucial issue as the number of EVs on Spanish roads is growing exponentially, with a goal of reaching 5 million EVs on the road by 2030. As mentioned by Arturo Pérez de Lucía, General Director of AEDIVE, “Though we are seeing the greatest evolution of EV in Spain and in Europe, we need to keep on fostering e-mobility beyond the vehicle, focusing on other aspects such as the necessity of having a fast and interoperable charging infrastructure to support the evolution of e-mobility”. As a member of AEDIVE, we are working hard with our CPO and eMSP partners in Spain to enhance the charging network and ensuring its interoperability.?
Source: ELPAIS, Movilidad Sostenible
MARKET TRENDS
Chile leading the way in electric public development and deployment for South America
Chile is making significant efforts to deploy electric vehicles, primarily in public transport. New legislation is expected to bring a significant rise to the level of electric passenger vehicles. Chile already has the largest number of electric buses outside of China and intends to have all buses electrified by 2040. Chile has a commitment from 54 companies and institutions to promote electric vehicles, and the government provides a differentiated subsidy for electric vehicles. Chile has several charging corridors for electric vehicles and the Chilean government announced that all vehicles sold in Chile after 2035 will be electric. Chile has become a leader in the EV landscape for South America.
Gireve's view: E-mobility is not only growing in China, US and Europe, as Chile is also showing its development and ambitions for the e-mobility market in South America. We fully support this development as we accompany countries and government to define strategies and plans to structure the ecosystem.
Source: Clean Technica
ChargeUK launches as trade association for EV charging industry, with ambitious plans for UK's Net Zero future
ChargeUK, a new trade association for the UK's EV charging industry, has been launched. It comprises 18 major companies investing over ￡6bn to install “tens of thousands” of new EV chargers and aims to double the network size through 2023. The association will work with the government and stakeholders to shape policies and regulations to enable transition to Net Zero. As EV take-up accelerates, the charging industry will play a vital role in the UK's transition to Net Zero, helping the UK maintain its position as a leading nation in EV infrastructure.
Gireve's view: We are thrilled to see UK’s EV charging ecosystem taking actions to accelerate the transition to clean transportation with such high ambitions. It is also a great example of a collaboration between the private sector and the government, showing how they can both support each other in building a comprehensive framework for the development of the whole ecosystem. Given that multiple operators join forces in this huge project, we can assume that interoperability will be ensured. At Gireve, we believe that public charging should be open and interoperable, and that the deployment plan should be based on a thorough analysis of the needs. Our consulting team works on supporting charge point operator to have the most relevant number of charging stations per location and plan its evolution in a mid- to long-term vision.
Source: ChargeUK
Transforming the energy sector for a greener future: the role of electric vehicles and zero-emission freight trucks
Achieving the goal of limiting global warming to 1.5°C requires a radical transformation of the energy sector, with net zero CO2 emissions by 2050 being crucial. To accomplish this, IEA says that we must significantly increase the prevalence of electric cars and zero-emission medium and heavy freight trucks. By 2030, the global sales of electric cars must reach around 60% to align with the NZE Scenario, ushering in significant emissions reductions as EVs gradually dominate the vehicle stock in tandem with the implementation of clean energy. In a similar vein, the proportion of zero-emission medium and heavy freight trucks in global sales ought to be about 35% by 2030.
Gireve's view: It is quite clear now that “electric cars are the future” as stated by GridX’s 2023 charging report. Electric cars and trucks are increasingly considered as key assets to reach the CO2 emissions reduction targets. That is why at Gireve we work everyday to support this transition either through our roaming platform, our Plug & Charge services or with our consulting team by accompanying actors in their development around electric cars as well as electric trucks.
Source: iea