Sustainability Magazine May 2025 | Page 14
THE IMPACT OF EVs ON E
EV sales reached
22.7 %
of total vehicle sales in Europe in 2024
Smart charging could contribute to
€ 4bn( US $ 4.4bn)
in annual saving for European grid operators
Grid investment costs could be lowered from € 67bn( US $ 73bn) to € 55bn( US $ 60bn), a
17.9 %
REDUCTION
annually between 2025 and 2050 through flexibility and other strategies
14 May 2025