PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627779
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1627779
France EV charging station market is estimated to grow at a CAGR of 16.01%, attaining US$3,420.480 billion by 2030, from US$1,627.865 billion in 2025.
France is one of the most technologically advanced countries in Europe. According to the Europe Environment Agency, Europe's total electricity consumption by electric vehicles will increase from 4-5% in 2030 and 9.5% in 2050, and the share of electric vehicles as part of the entire EU-28 car fleet in 2050 was assumed to be 50% as stated by the International Energy Agency. Some of the major factors that are contributing to the overall market growth are government incentives, the growing need to meet future energy demands, and increasing sales of electric vehicles in the country. The market share of battery electric vans stagnated at 8% in Germany in 2023, while the share in France increased to 7%, up from 5% in 2022 as stated by the ICCT. These figures are collaborated by the number of public chargers installed by country and charger type till 2023, for AC type charger, it is 91,705, and for DCFC, it is 20,130, according to eco-movement.
Moreover, rising pollution coupled with increasing support to adopt green transport in the region will further drive the overall market growth during the forecast period. Rising pollution levels in the country are leading to an increase in GHG emissions, shifting the focus of the country towards the adoption of green mobility for a safe and sustainable future.
France EV charging station market growth drivers
Rising private investments in the construction of well-equipped charging infrastructure and effective strategies adopted by the country's government for the improvisation of electric mobility would further propel the overall market growth. For instance, Logivolt, a startup specializing in chargers for apartment buildings, covers all initial costs associated with the electrical installation of EV chargers and is subsequently reimbursed by residents over time.
This financing model is made possible through a loan from Caisse des Depots, a French public financial institution. Tenants who opt to use the service are charged a fixed connection fee, while non-participating tenants are not charged any fees. In addition to providing expertise and turnkey solutions, Logivolt handles the application and collection of available government subsidies, relieving the building manager of this administrative burden.
In April 2023, a national decree enabled the public utility company Enedis to prefinance the electrical installation of charging infrastructure in apartment buildings. Enedis recovers its investment by establishing a fixed price for EV owners in the building who install a charger in their parking spot. This price is applied only when EV owners require a charger and remains consistent for all residents within the same building.
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