Governments and private investors across the European Economic Area and Switzerland have pledged nearly 200 billion euros to bolster the electric vehicle (EV) ecosystem, according to data released by New Automotive. The report highlights that the lion's share of funds has been channelled toward the battery supply chain and vehicle production as Europe seeks to reduce reliance on overseas suppliers.
Battery supply chain and EV manufacturing
New Automotive's figures show roughly 60 billion euros engaged so far in the battery supply chain. The emphasis on batteries comes against a backdrop of pronounced global concentration, with the International Energy Agency earlier this year reporting that China manufactured more than 80% of all batteries made in 2025 - a figure that includes batteries used outside the EV sector.
The research group noted that Europe currently produces batteries for about one in three EVs sold domestically, adding that announced European battery capacity could meet future demand if it is fully utilised.
A further 60 billion euros have been invested in EV manufacturing. That spending has centred on converting existing legacy automotive plants to electric vehicle production, along with selected greenfield investments in EV-only factories, New Automotive said.
Charging infrastructure and equipment manufacturing
Investment in charging infrastructure is reported in a range: between 23 billion and 46 billion euros targeted at public roll-out. Across the region, more than 1 million public charging points have been deployed. Separately, over 3.5 billion euros have been invested in manufacturing the physical infrastructure that supports public charging networks.
Employment and regional distribution
The report and commentary from campaign group E-Mobility Europe indicate the investments underpin more than 150,000 jobs today. Chris Heron, the group's secretary general, said a further 300,000 jobs could be created if all announced projects are fully realised.
Nationally, New Automotive found significant disparities. Germany accounts for almost a quarter of the region's investments, anchoring domestic production and broader European value chains as original equipment manufacturers transition at scale alongside international battery producers. The report also notes that more than half of tracked investments are concentrated in Germany, Italy and Central and Eastern Europe, while France and Spain also emerge as notable beneficiaries.
Policy context and opposition
New Automotive's release comes after a December European Commission plan to remove the EU's effective ban on new combustion-engine cars from 2035, a policy shift the report describes as the bloc's biggest recent retreat from green measures. Heron said Germany, Italy and Central and Eastern Europe have formally opposed the EU's 2035 cars and vans framework.
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