EC clears €1.8 billion German state aid for EV charging scheme
The European Commission has greenlighted a €1.8 billion ($1.91 billion) state aid scheme proposed by Germany to roll out high power charging (HPC) infrastructure in the country, Kallanish reports.
Officials found that that so-called Deutschlandnetz scheme is “necessary and appropriate” to allow HPC deployment at large scale. “Germany put in place sufficient safeguards to ensure that the scheme has a limited impact on competition and trade within the EU,” the EC says in a statement on Wednesday.
The funds under the EU state aid rules will be given in the form of direct grants and recurring payments covering part of the operating costs. The plan is to install 8,500 HPC points across 900 locations in Germany. These will be in urban, suburban and rural areas with none or insufficient HPC points to address expected demand.
The scheme is open to “all companies operating in the sector,” with beneficiaries to be selected in a competitive bidding process. The EC has provided no timeframe on the tender, first awards and first deployments.
High power charging points can enable EV charging in 15-30 minutes, depending on vehicle and charger specifications.
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