BERLIN :Volkswagen and Italy's Enel have formed a joint venture to build 3,000 high-speed charging points across Italy for electric vehicles , investing 100 million euros each, Volkswagen said on Tuesday.
By the end of 2022, the carmaker and its partners will have installed 4,300 of a planned 18,000 fast-charging points in Europe, 3,700 of a planned 10,000 in the United States and 8,000 of a planned 17,000 in China.Volkswagen operates partnerships in Europe with BP and Spain's Iberdrola and is a shareholder in fast-charging venture Ionity with rival carmakers BMW, Mercedes-Benz, Ford and Hyundai.
Europe requires at least 3.4 million charging points by 2030, up from an estimated 375,000 available at the end of 2021, according to a McKinsey study for the European Automobile Manufacturers Association.