Europe has reached a significant milestone in its journey towards sustainable transportation: the installation of 1 million public electric vehicle (EV) charging points. This achievement, reported by LCP Delta, highlights the continent’s rapid expansion of EV infrastructure, growing tenfold over the past seven years since 2018. With projections estimating a doubling of this number to 2 million by 2029, the momentum behind EV adoption has never been stronger.
Leading the Charge: Country-Level Progress
While Europe as a whole has surpassed 1 million public EV charging points, certain countries have been pivotal in this expansion:
- The Netherlands: Leading with approximately 144,453 chargers, backed by robust government policies and a dense charging network.
- France: Following closely with 119,255 chargers, primarily concentrated in urban areas to support growing EV adoption.
- Germany: Hosting 120,625 chargers, with a strong push for ultra-fast charging stations along highways and major transit routes.
- United Kingdom: As of January 2025, the UK has 74,611 public chargers, with notable growth in high EV sales and a market favouring home and workplace charging solutions.
This geographical spread highlights where the strongest growth is happening—an important factor for businesses considering market entry, partnerships, or infrastructure investment.
Opportunities in the EV Charging Boom
Rather than just marking progress, this milestone signals a growing landscape of opportunities for businesses across multiple sectors.
Fleet Electrification Acceleration
With charging infrastructure expanding rapidly and government incentives supporting the transition, businesses with fleets—whether in logistics, mobility services, or corporate transport—can shift to EVs more seamlessly. Companies specialising in fleet management, smart charging solutions, and financing models for electrification will find a growing market.
Emerging Business Models
The rise of public charge points is driving new innovations, including Energy-as-a-Service (EaaS) and Vehicle-to-Grid (V2G) solutions. While V2G is still in early development stages, its potential for grid balancing is significant. Public-private partnerships (PPP) are also shaping the landscape, with EU programs funding EV infrastructure projects.
Infrastructure & Energy Investment
The rapid deployment of chargers requires substantial investment from energy providers, infrastructure firms, and real estate developers. This opens doors for collaborations in property development, renewable energy integration (e.g., solar-powered charging), and smart city initiatives that embed charging within urban planning.
The economic potential of EV charging infrastructure is massive
- The European EV market is projected to reach €250 billion in revenue by 2025, with a CAGR of 11.15% until 2029.
- To meet demand, €280 billion in investments is needed for EV charging infrastructure expansion across Europe by 2030.
- Germany’s public charging stations alone are expected to generate €3.3 billion in revenue by 2030, up from just €72 million in 2021.
With such rapid growth, businesses that position themselves strategically in this space—whether through infrastructure deployment, energy services, or technology innovations—stand to benefit significantly from this expanding market.
Enhancing Customer Experience
With more widespread charging points, businesses can use EV infrastructure as a tool for customer engagement. Retailers, hospitality venues, and commercial property owners are leveraging EV charging to attract customers, increase dwell time, and strengthen brand loyalty.
The Companies Powering the Transition
Several companies are instrumental in scaling up Europe’s EV charging network, from established industry leaders to innovative startups developing cutting-edge solutions.
Major Industry Players
- BP Pulse: Having surpassed its 2025 target with over 40,000 rapid and ultra-fast chargers installed globally, BP Pulse remains committed to its goal of operating more than 100,000 such charge points by 2030.
- IONITY: A joint venture among major automotive manufacturers, IONITY operates a high-power charging network with over 690 stations and more than 4,400 charging points across 24 European countries as of November 2024. The company plans to expand to 1,000 stations and 9,000 charging points by 2027, facilitating convenient long-distance EV travel.
- Fastned: This Dutch company is broadening its fast-charging network across multiple European nations, emphasising 100% renewable energy sources to power its stations.
- RAW Charging: In 2024, RAW Charging significantly expanded its EV charger network throughout the UK, partnering with prominent brands to improve infrastructure accessibility.
Startups and Industry Leaders Transforming EV Charging
Alongside the established players, startups are pioneering new technologies that will shape the future of EV charging:
- Nuvve – A leader in Vehicle-to-Grid (V2G) technology, developing bidirectional charging solutions that allow EVs to supply energy back to the grid, optimising power usage and grid stability.
- Mobilize (by Renault) – Introducing Powerbox, a bidirectional charging station enabling Renault EVs to power homes or return energy to the grid, contributing to a more sustainable energy ecosystem.
- Ubitricity (a Shell-owned company) – Transforming urban streetlights into EV charging stations, solving the challenge of home charging in densely populated cities.
These companies, ranging from infrastructure giants to emerging innovators, exemplify the collaborative efforts driving the rapid expansion of Europe’s EV charging ecosystem. As technological advancements continue and investment accelerates, new players will emerge, further shaping the future of sustainable mobility.
Looking Ahead
The expansion of EV charging infrastructure is reshaping how businesses and consumers interact with mobility. As Europe pushes towards 2 million public charging points by 2029, the landscape will continue to evolve, driven by government incentives, corporate investments, and rising consumer demand. The rapid acceleration of EV infrastructure presents a pivotal moment for businesses looking to align with Europe’s sustainable mobility vision. With the right strategies, companies can leverage this transition to drive growth, innovation, and long-term impact. At NovAzure, we follow these market shifts closely and engage with businesses and investors shaping the future of sustainable transport.
