Germany installs more electric car chargers, but still unprofitable

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  1. Calliers

    Calliers HH's MC Staff Member

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    Germany has increased the number of public charging points for electric cars by a quarter in the past year, utility lobby BDEW said on Wednesday, although it said it was still not a profitable business.

    Since the end of June 2017, 2,800 new public charging points have been added, bringing the total to 13,500, BDEW said.

    Charging networks for battery-powered cars are expanding and carmakers are developing electric car models as part of a shift to low-carbon mobility.

    BDEW said power companies were building and operating most of the charging facilities but the industry was being let down by carmakers, which were not yet offering enough electric car models at competitive prices for consumers.

    "Over three quarters of charging points are operated by electricity companies, although in view of the small number of e-cars, this is not profitable," said Stefan Kapferer, managing director of BDEW.

    "If electric mobility is to achieve a breakthrough in Germany in the next few years, then the car industry has to offer models to the market that can compete on price and performance with the combustion engine," said BDEW managing director Stefan Kapferer.
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    Source: autoblog
     

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