The EV charging infrastructure project is expected to cost €300 million ($315 million) and will be deployed over the next four years.
Under the project, the German government will partner with both local and international firms to develop and install innovative technologies to allow high-speed charging of EVs and the interoperability of EV charging systems with grid networks.
The EV charging infrastructure to be installed under the scheme will be powered by energy generated from renewable energy resources to reduce both the national and regional carbon emissions in line with the Commission’s European Strategy for low-emission mobility.
In addition to adopting new EV charging technologies and stations, Germany will use the programme to upgrade existing EV charging infrastructure.
The approval of the scheme is expected to stimulate investments in the Germany’s EV sector as well as improve the adoption and use of EVs in Germany and Europe.
Last year, the German government announced that it will subsidise EV purchases in a bid to boost growth in the country’s EV market.
Under the programme, the government said it will ensure that German nationals wanting to buy EVs will receive €4,000 ($4,203), while buyers in the plug-in EV market will receive a €3,000 ($3,152) subsidy.
The subsidy programme will help Germany to achieve its target of one million EVs by 2020.
The programme is expected to run through to 2019 with a total budget allocation of €600 million ($630 million).
The German government’s EV programme is open to German auto giants Volkswagen, Daimler and BMW as well as all other national and foreign brands. [E.ON partners to boost EV charging in Europe].
The government was also reported to have allocated €300 million ($315 million) to accelerate the building of EV infrastructure and a further €100 million ($105 million) for the purchase of EVs for federal government fleets.
Image credit: www.hybridcars.com.