The European Commission suggests to invest 1bn euros out of the CEF (Connecting Europe Facility) fund to support a total of 39 infrastructure projects. Among them: The installation of a pan-European network with 340 charging stations. This network shall spread out across 13 European countries.
With the 1bn euros funding, the European Commission hopes to unlock 4.5bn euros of public and private co-financing. All projects have been selected through a competitive call for proposals earlier this year. Just recently, the Commission also proposed new targets for the EU fleet wide average CO2 emissions of new passenger cars and vans. In this context, additional 350m euros are going to be made available for alternative fuels infrastructure.