Charging stations: 40 billion euros are missing
The number of electric cars is growing, but the number of charging stations is lagging behind. This is not only a European problem, to build up a charging infrastructure in the quality of a gas station network.
A new study published by Siemens Financial Services estimates that the global investment gap needed to provide charging networks for electric vehicles in the next two years alone is the equivalent of around €40 billion.
For the years 2024 to 2026, growth is even predicted to more than double to around 92 billion euros. Europe accounts for a good quarter of this.
Usage-based financing solutions
There is therefore an urgent need for intelligent financing solutions on a usage basis that make investments possible and affordable, says Kai-Otto Landwehr, Head of Commercial Finance at Siemens Financial Services in Germany and Chairman of the Managing Board of Siemens Finance & Leasing GmbH.
Intelligent financing, for example also via specialized private financiers, could adjust the investment costs to the expected cash flow of the charging stations, so that the investment could be designed in a budget-neutral way.