According to Frost & Sullivan research findings, Europe is expected to have approximately 2 million charging points, of which the United Kingdom is likely to have 390,000 by 2017.
The UK is a leader in the provision for electric vehicles and is expected to have a majority of charging stations in Europe, followed by France and Germany. However, countries such as Norway, Belgium, Estonia, Portugal and many others are following the footsteps of introducing government subsidies, grants and discounts making EVs a smart preference.
The approximate investment in the next 7 years is expected to be 5 billion Euros with over 2 million charging points across Europe. The ratio of charging stations to electric vehicles is likely to decrease from 2.5 to 1.8 per vehicle by 2017.
