French energy giant EDF intends to operate 75,000 charging stations in Europe by 2022 as it aims for a 30% market share in its main markets of France, Belgium, Italy and the UK. “We want to become the uncontested leader in electric mobility in Europe by 2022”, declares CEO Jean-Bernard Levy.
Today, EDF is providing 5,000 charging stations via its Sodetrel unit in France and gives access to 60,000 charging points in Europe. In the next four years, the state-dominated utility intends to heavily invest in order to install up to 75.000 stations and provide access to 250.000 terminals.
However, in his interview with Reuters, Levy did not specify any investment sum or objective in terms of revenue, but said that EDF is cooperating with specialised partners such as California-based Nuvve and Germany’s Ubitricity as well as research partners such as Renault, Toyota and Valeo.
Looking at Sodetrel, the unit disclosed it had seen annual revenue growth of 50 percent over the past three years. According to the article, it is operating charging infrastructure networks in Paris, Marseille, Grenoble and northern regions of the country as well as for car park operator Indigo, Ikea, Auchan, ADP, etc.
In its above mentioned core European markets, EDF expects EVs to account for 30 percent of all new cars sold by 2030, the latest by 2035. Before turning to charging infrastructure, the company recently announced making huge investments into the solar power and power storage businesses.
– ADVERTISEMENT –